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Refex Stocks Plummet 20% on December 12

Summary

  • Refex Industries shares fell 19.9% today.
  • The stock reached its 52-week low of INR 254.90.
  • Yesterday, the stock hit a 52-week high of INR 548.95.
Refex Stocks Plummet 20% on December 12

Refex Industries Limited's stock experienced a significant downturn on December 12, opening in the red and falling by 19.9%. The shares were trading at INR 254.90 on the National Stock Exchange (NSE), hitting a new 52-week low.

This sharp decline is particularly noteworthy given that on the preceding day, December 11, the stock had achieved its 52-week high of INR 548.95. The dramatic shift highlights considerable volatility and investor sentiment fluctuations within a very short period.

The market's reaction on December 12 saw Refex Industries Limited's shares trade significantly lower, reflecting a substantial loss in value from its recent peak and reaching its lowest point in the past year.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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