Refex Industries' Stock Reaches All-Time High, Outperforms Sector by 14.64%

Jul 01 2024 02:30 PM IST
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Refex Industries, a smallcap company in the industrial gases and fuels industry, has recently reached an all-time high stock price on July 1st, 2024. Despite a recent 'Sell' recommendation from MarketsMojo, the company has outperformed the sector by 14.64% and has shown a positive trend with a 69.36% increase in stock price in the past year.

Refex Industries, a smallcap company in the industrial gases and fuels industry, has recently seen its stock price reach an all-time high on July 1st, 2024. This comes after a recent stock call by MarketsMOJO, which has given a 'Sell' recommendation for the company.

Despite being only 2.04% away from its 52-week high of Rs 184.79, Refex Industries has outperformed the sector by 14.64% and has shown a trend reversal by gaining after three consecutive days of falling. The stock also touched an intraday high of Rs 184, showing a high volatility of 5.34%.

In terms of moving averages, Refex Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In the past year, Refex Industries has shown a strong performance with a 69.36% increase in its stock price, compared to the Sensex's performance of 22.75%. This showcases the company's potential for growth and success in the industrial gases and fuels industry.

Overall, Refex Industries has shown promising performance and potential for investors, making it a company to watch in the smallcap category. However, it is important to note that this information is based on facts and should not be taken as a recommendation or prediction for future performance.
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