Refex Industries Limited
CLOSEDRights Issue · IPO Guide
RI Price
₹45
Subscription
0.00x
Expert Rating
Company has good financials, as per FY20 P/E is 2.42 and RoE 42.57. Purpose of RI is to generate additional working capital. The difference between CMP and right issue price is around 12%, so we give rating to this right issue.
Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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