Refex Ind Consolidated March 2024 Net Sales at Rs 342.35 crore, down 45.67 percent Y-o-Y - Moneycontrol
| REFEX Stock | 471.65 1.65 0.35% |
About 53% of Refex Industries' investor base is interested to short. The analysis of overall sentiment of trading Refex Industries Limited stock suggests that many investors are impartial at this time. Refex Industries' investing sentiment overview a quick insight into current market opportunities from investing in Refex Industries Limited. Many technical investors use Refex Industries stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Refex |
Refex Ind Consolidated March 2024 Net Sales at Rs 342.35 crore, down 45.67 percent Y-o-Y Moneycontrol
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Refex Industries Fundamental Analysis
We analyze Refex Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Refex Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Refex Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Refex Industries is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Refex Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Refex Industries stock to make a market-neutral strategy. Peer analysis of Refex Industries could also be used in its relative valuation, which is a method of valuing Refex Industries by comparing valuation metrics with similar companies.
Peers
Refex Industries Related Equities
| DELTAMAGNT | Delta Manufacturing | 11.37 | ||||
| DIGJAMLMTD | Digjam | 4.32 | ||||
| PARAGMILK | Parag Milk | 2.60 | ||||
| COSMOFIRST | COSMO FIRST | 2.24 | ||||
| RICOAUTO | Rico Auto | 1.61 | ||||
| GATECHDVR | GACM Technologies | 1.18 | ||||
| TBZ | Tribhovandas Bhimji | 0.63 | ||||
| HEUBACHIND | Heubach Colorants | 0.38 | ||||
| KINGFA | Kingfa Science | 1.50 | ||||
| GUJRAFFIA | Gujarat Raffia | 3.84 |
Other Information on Investing in Refex Stock
Refex Industries financial ratios help investors to determine whether Refex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Refex with respect to the benefits of owning Refex Industries security.