Refex Industries Ltd. - Strategic Shift into Power Trading and Coal Handling | Stock Analysis

Refex Industries Ltd. ranked among the top 10 Power Traders (based on volumes traded) in India in March 2023.
The company was founded in 2002, is a leading specialist manufacturer as well as a re-filler of Refrigerant gases in India. They initially established themselves as a specialist refiller of eco-friendly refrigerant gases, replacing harmful Chlorofluorocarbons (CFCs) with Hydroflurocarbons(HFCs).
Recognizing a need in the market, they expanded their services to include coal yard management, handling and disposal of fly ash (a byproduct of coal power plants), as well as coal trading for thermal power plants. Further, Their coal yard management services encompass everything from uncrushed coal storage to housekeeping. Consequently, It ensures a steady supply of coal to keep the plants running smoothly. The company has also ventured into power trading in March 2022.
Watch the full video to learn about the business expansion and future outlook.
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#fundamentalanalysis #coal #powertrading #multibagger

[@gg-ho4nc]

Excellent stock

[@catchmepraveens]

Refex has potential to become mid cap in the coming years... Holding since 5 years

[@gayathriaiyappan6993]

Very good analysis ❤

[@manikgautam1245]

insightful

[@pawealth]

Means a lot, Thanks!

[@navjitsingh1133]

Sir Please Give your view in Simple Way. Can we Invest in Refex Industry For Next Ten years or More...? Respect from Amritsar Punjab