Refex Industries Ltd — Investment Note (April 2025)

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Refex Industries Ltd — Investment Note (April 2025)

📈 Stock Overview

CMP: ₹455

Sector: Trading (Carbon, refrigerants, renewables, etc.)

Market Cap: ₹5,877 Cr

52W High / Low: ₹600 / ₹125

📊 Technical Analysis Summary

✅ Multi-Timeframe View:

Timeframe

Structure

Signal

Daily

Breakout with volume, EMA reclaim, RSI reversal

Bullish

Weekly

MACD crossover likely, EMA support bounce

Bullish

Monthly

Held 10EMA, strong reversal candle

Bullish

P&F Chart

Breakout with target ~₹750

Strong Buy

Entry Strategy:

Buy Zone: ₹450–455

Stop Loss: ₹415 (swing low)

Targets:

T1: ₹520 (swing high)

T2: ₹600 (52W high)

T3: ₹750 (pattern target)

📊 Fundamentals Overview

Metric Value Notes

TTM Sales ₹1771 Cr

Healthy revenue base TTM Net Profit ₹112 Cr

Improving profitability EPS (TTM) ₹11.26

Strong earnings growth PE (TTM) 40.4x

Slightly premium, growth priced in Book Value ₹77

Solid asset base ROE 23.84%

Excellent return on equity Debt ₹97 Cr

Manageable leverage Dividend Yield 0.1% Low (growth-oriented)

⚡ Final Verdict

Refex Industries Ltd presents a strong technical setup aligned with improving fundamentals. While current valuations are slightly rich, high ROE, consistent growth, and bullish chart structure support a favorable risk-reward entry.

Disclaimer

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