Refex Industries' Stock Price Soars, Outperforms Sector and Sensex

Refex Industries, a smallcap company in the industrial gases and fuels industry, has seen a significant increase in its stock price on July 2nd, 2024. The stock gained 9.49%, closing at Rs. 209.95, which is also its new 52-week high.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Refex Industries' stock is 'Hold'. The stock has outperformed the sector by 10.18% and has been on a consecutive gain for the past 2 days, with a total return of 32.69% during this period. It also opened with a gain of 2.14% today and reached an intraday high of Rs. 209.95, showing a high level of volatility with an intraday volatility of 7.23%.

Refex Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the Sensex performance, Refex Industries has shown a 1-day performance of 10.66%, while the Sensex has remained unchanged. In the past month, Refex Industries has outperformed the Sensex by 52.85%, with a 1-month return of 52.85% compared to the Sensex's 7.45%.

Overall, Refex Industries has shown a strong performance in the past few days, with a significant increase in its stock price and outperforming the sector and Sensex. Investors are advised to hold their positions in the company's stock, as per MarketsMOJO's recommendation.