Refex Industries Share Price Analyzed

Refex Industries’ stock price dropped significantly on Friday, falling 20% to a new low of ₹254.35. This is the lowest the stock has been trading at since August 2024. It’s a big drop that investors need to understand.

Key Points

• Stock fell 20% to a 52-week low of ₹254.35.
• Trading volume was very high with 7.29 million shares traded.
• The stock has lost 54% of its value over the past year.
• Income Tax Department found irregularities during searches.
• Company denies speculation, insists operations unaffected.
• Stock drop related to tax investigation news, impacting value.

The stock’s value has decreased sharply. This happened because the Income Tax Department found problems during an investigation. The company’s operations are still running normally, but the news is hurting the stock price.

The Income Tax Department started searching Refex Industries and its owner, Anil Jain, starting December 9, 2025. They found money, gold, and silver that wasn’t properly accounted for. The company confirmed the searches were happening.

Refex Industries says the company’s daily work isn’t affected by the investigation. They promise to share updates as they become available. However, news about the investigation is causing the stock price to fall.

The company is strongly rejecting the stories being shared in the media and on social media. They say the information is false and doesn’t reflect the real situation. It’s important to remember the company’s operations are ongoing.

“This stock’s drop highlights the risk associated with smaller companies and investigations.”