Refex Industries 439 is in Industrial gas group. The industrial gases market size is forecast to increase by USD 31.1 billion at a CAGR of 5.7% between 2024 and 2029.
Technically, It is on its long term support and signals are showing sign of reversal
Could be considered at around 410-420 zone for a target of 520 .
While its competitor Linde India with ROE 12.42 and ROCE 17.02 trading at 126 PE
Refex industries with 21.98 ROE and 25.28 ROCE is trading at 29.9 PE
Whereas the industrial PE is at 64.39.
FII's have increased their stake from 1.76 to 2.0 and MF's from 0.0 to 0.11
With above facts we come to a conclusion that Refex Industries is good to have in portfolio.
Technically, It is on its long term support and signals are showing sign of reversal
Could be considered at around 410-420 zone for a target of 520 .
While its competitor Linde India with ROE 12.42 and ROCE 17.02 trading at 126 PE
Refex industries with 21.98 ROE and 25.28 ROCE is trading at 29.9 PE
Whereas the industrial PE is at 64.39.
FII's have increased their stake from 1.76 to 2.0 and MF's from 0.0 to 0.11
With above facts we come to a conclusion that Refex Industries is good to have in portfolio.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.