Refex Industries Ltd Experiences Surge in Trading Activity and Investor Participation

Apr 21 2025 11:00 AM IST
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Refex Industries Ltd experienced significant trading activity, reaching its upper circuit limit and achieving an intraday high. The stock has shown consistent gains over five days, with robust trading volume and increased investor participation, reflecting a strong performance within the mid-cap segment of the market.
Refex Industries Ltd, a player in the Industrial Gases & Fuels sector, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 477.75, reflecting a 5% increase from its previous close, and has gained 22.75 points overall. This performance marks a notable outperformance against its sector, which saw a 2.59% increase today.

Trading volume was robust, with a total of 2.44576 lakh shares exchanged, resulting in a turnover of approximately Rs 11.54 crore. The stock has been on a positive trajectory, gaining for five consecutive days and accumulating a total return of 23.59% during this period. It opened with a gain of 2.2% today, further indicating strong market momentum.

Refex Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a solid performance trend. Additionally, the delivery volume has surged by 90.01% compared to the 5-day average, indicating rising investor participation. Overall, Refex Industries Ltd's performance today underscores its strong position within the mid-cap segment of the market.
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