Refex Industries Ltd Experiences Surge in Trading Activity and Investor Participation
Today's trading volume reached approximately 2.82 million shares, resulting in a turnover of Rs 13.33 crore. The stock has been on a positive trajectory, gaining for the last six consecutive days and accumulating a total return of 26.97% over this period. In terms of performance, Refex Industries has outperformed its sector by 1.92%, with a 1D return of 2.74%, compared to the sector's 1.15% and the Sensex's 0.16%.
The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the delivery volume has increased by 30.42% compared to the 5-day average, suggesting rising investor participation. Overall, Refex Industries Ltd has demonstrated robust performance metrics today, reflecting its solid market position.
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