Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Red Flags Found

Linc Ltd, Dhunseri Ventures Ltd, Kriti Nutrients Ltd and Refex Industries Ltd are among the other gainers in the BSE’s ‘B’ group today, 10 November 2022.

Magnum Ventures Ltd leads gainers in ‘B’ group

Khaitan(India), Refex Industries, Tapi Fruit Processing Ltd., Magnum Ventures and Honda Siel Power, hit their fresh 52-week highs at 11:05AM.

Stock market update: Stocks that hit 52-week highs on NSE

Refex Industries Q2 net jumps to ₹30 cr. on increased orders

TIL Ltd, Refex Industries Ltd, Alkali Metals Ltd and Insecticides India Ltd are among the other gainers in the BSE’s ‘B’ group today, 30 September 2022.

CMI Ltd leads gainers in ‘B’ group

Refex Industries standalone net profit rises 95.60% in the June 2022 quarter

Refex Industries consolidated net profit declines 43.24% in the December 2021 quarter

MSP Steel & Power Ltd, Essar Shipping Ltd, BGR Energy Systems Ltd and Refex Industries Ltd are among the other gainers in the BSE’s ‘B’ group today, 31 December 2021.

Board of Refex Industries decided to foray into power trading business

Refex Industries consolidated net profit declines 53.22% in the September 2021 quarter

Refex Industries consolidated net profit rises 33.27% in the June 2021 quarter

Refex Industries standalone net profit rises 33.27% in the June 2021 quarter

Refex Industries Limited is engaged in the business of refilling non-ozone depleting refrigerant gases known as hydro fluoro carbons (HFCs). The Company's HFCs are used in automobile air-conditioners, room air-conditioners and refrigerant equipment.

Refex Industries Ltd

Refex Industries Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Magnum Ventures Ltd leads gainers in ‘B’ group

Stock market update: Stocks that hit 52-week highs on NSE

Refex Industries Q2 net jumps to ₹30 cr. on increased orders

CMI Ltd leads gainers in ‘B’ group

Refex Industries standalone net profit rises 95.60% in the June 2022 quarter

Refex Industries consolidated net profit declines 43.24% in the December 2021 quarter

CMI Ltd leads gainers in ‘B’ group

Refex Industries Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Magnum Ventures Ltd leads gainers in ‘B’ group

Stock market update: Stocks that hit 52-week highs on NSE

Refex Industries Q2 net jumps to ₹30 cr. on increased orders

CMI Ltd leads gainers in ‘B’ group

Refex Industries standalone net profit rises 95.60% in the June 2022 quarter

Refex Industries consolidated net profit declines 43.24% in the December 2021 quarter

CMI Ltd leads gainers in ‘B’ group

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock