Refex Industries Shows Strong Momentum Amid Broader Market Gains and Small-Cap Leadership
Refex Industries has shown notable performance in the Industrial Gases & Fuels sector, gaining 5.0% on April 16, 2025, and achieving a total return of 13.69% over three days. The stock has significantly outperformed the Sensex over the past year and five years, reflecting strong market momentum.
Refex Industries, a midcap player in the Industrial Gases & Fuels sector, has shown significant activity today, gaining 5.0% on April 16, 2025. This performance has allowed the stock to outperform its sector by 1.68%. Over the past three days, Refex Industries has experienced a consecutive gain, accumulating a total return of 13.69%.The stock reached an intraday high of Rs 447.6, reflecting strong market momentum. In terms of moving averages, Refex Industries is currently positioned above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.
In the broader market context, the Sensex opened positively, trading at 77,028.68, up by 0.38%. Small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.86%. Notably, Refex Industries has demonstrated impressive long-term performance, with a remarkable 216.66% increase over the past year and a staggering 5147.36% rise over the last five years, significantly outpacing the Sensex's growth during the same periods.
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