Refex Industries Ltd (REFEX) Share Price Target 2024, 2025, upto 2030
REFEX belongs to the Energy sector and operates within the Thermal Coal industry. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In this detailed post, we will explore REFEX share price targets from 2025, 2026, and up to 2030. For long-term forecasts, we will use different technical analysis approaches to predict targets up to the year 2030.
For additional insights, refer to REFEX technical analysis.
To forecast the price of REFEX up to the year 2030, we will use a machine learning approach where the forecasted data is trained on past performance. Refex Industries Ltd, known for its significant presence in the Indian share market, has shown various trends over the years. In this section, we discuss REFEX's current market position, its growth trajectory, and how external market factors might influence its price performance leading up to 2030.
REFEX’s Performance Overview
Current Performance
Today 2025-12-24 shares of REFEX closed at ₹268.30 which is ₹3.20 lower than its previous close of ₹271.5. The company has been in mixed trend for the past one week.
Historical Performance
| Date | Close | Gain/Loss |
|---|---|---|
| 2025-12-16 | ₹305.70 | ₹6.30 (2.10%) |
| 2025-12-17 | ₹280.20 | ₹25.50 (8.34%) |
| 2025-12-18 | ₹275.50 | ₹4.70 (1.68%) |
| 2025-12-19 | ₹276.25 | ₹0.75 (0.27%) |
| 2025-12-22 | ₹277.50 | ₹1.25 (0.45%) |
| 2025-12-23 | ₹271.50 | ₹6.00 (2.16%) |
| 2025-12-24 | ₹268.30 | ₹3.20 (1.18%) |
REFEX for Tomorrow
Last three days were negative and we can see a continuation bearish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming months of 2025 or even for long-term targets up to 2030.
REFEX Share Price Target 2025
The share price of REFEX is expected to reach a value of Rs. 395.36 by March 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of Refex Industries Ltd reach Rs. 661.56 by December 2025.
| Month | Target |
|---|---|
| March 2025 target for REFEX | ₹395.36 |
| April 2025 target for REFEX | ₹471.37 |
| May 2025 target for REFEX | ₹492.28 |
| June 2025 target for REFEX | ₹512.29 |
| July 2025 target for REFEX | ₹535.84 |
| August 2025 target for REFEX | ₹558.81 |
| September 2025 target for REFEX | ₹584.94 |
| October 2025 target for REFEX | ₹610.50 |
| November 2025 target for REFEX | ₹635.80 |
| December 2025 target for REFEX | ₹661.56 |
Summary of REFEX Share Price Forecast for 2025
- The initial price target for Refex Industries Ltd in 2025 is projected to be ₹395.36.
- With favorable market conditions, the mid-year price target for Refex Industries Ltd could reach ₹558.81.
- By the end of 2025, the price target for Refex Industries Ltd is expected to potentially reach ₹661.56, considering bullish market trends.
REFEX Share Price Target 2026
As per technical data, the minimum share price target of REFEX is expected to reach Rs. 688.91 and the maximum value that shares of REFEX can reach is Rs. 1106.97.
| Month | Target |
|---|---|
| January 2026 target for REFEX | ₹688.91 |
| February 2026 target for REFEX | ₹721.41 |
| March 2026 target for REFEX | ₹753.13 |
| April 2026 target for REFEX | ₹788.74 |
| May 2026 target for REFEX | ₹823.73 |
| June 2026 target for REFEX | ₹857.21 |
| July 2026 target for REFEX | ₹896.61 |
| August 2026 target for REFEX | ₹935.04 |
| September 2026 target for REFEX | ₹978.77 |
| October 2026 target for REFEX | ₹1,021.53 |
| November 2026 target for REFEX | ₹1,063.87 |
| December 2026 target for REFEX | ₹1,106.97 |
Summary of REFEX Share Price Forecast for 2026
- The initial price target for Refex Industries Ltd in 2026 is projected to be ₹688.91.
- With favorable market conditions, the mid-year price target for Refex Industries Ltd could reach ₹857.21.
- By the end of 2026, the price target for Refex Industries Ltd is expected to potentially reach ₹1,106.97, considering bullish market trends.
REFEX Share Price Target 2027
Using Fibonacci projections, the estimated price target forecast for Refex Industries Ltd (REFEX) in the first half of the year 2027 will be between ₹1152.73 - ₹1434.36. By the second half of 2027, the share price of REFEX may reach a maximum value of ₹1852.27.
| Month | Target |
|---|---|
| January 2027 target for REFEX | ₹1,152.73 |
| February 2027 target for REFEX | ₹1,207.13 |
| March 2027 target for REFEX | ₹1,260.19 |
| April 2027 target for REFEX | ₹1,319.79 |
| May 2027 target for REFEX | ₹1,378.33 |
| June 2027 target for REFEX | ₹1,434.36 |
| July 2027 target for REFEX | ₹1,500.29 |
| August 2027 target for REFEX | ₹1,564.59 |
| September 2027 target for REFEX | ₹1,637.76 |
| October 2027 target for REFEX | ₹1,709.32 |
| November 2027 target for REFEX | ₹1,780.16 |
| December 2027 target for REFEX | ₹1,852.27 |
Summary of REFEX Share Price Forecast for 2027
- The initial price target for Refex Industries Ltd in 2027 is projected to be ₹1,152.73.
- With favorable market conditions, the mid-year price target for Refex Industries Ltd could reach ₹1,434.36.
- By the end of 2027, the price target for Refex Industries Ltd is expected to potentially reach ₹1,852.27, considering bullish market trends.
REFEX Share Price Target 2028
The share price for REFEX in 2028 could start around ₹1928.85 and potentially climb to ₹3099.38 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2028 target for REFEX | ₹1,928.85 |
| February 2028 target for REFEX | ₹2,019.87 |
| March 2028 target for REFEX | ₹2,108.66 |
| April 2028 target for REFEX | ₹2,208.38 |
| May 2028 target for REFEX | ₹2,306.33 |
| June 2028 target for REFEX | ₹2,400.08 |
| July 2028 target for REFEX | ₹2,510.41 |
| August 2028 target for REFEX | ₹2,618.00 |
| September 2028 target for REFEX | ₹2,740.43 |
| October 2028 target for REFEX | ₹2,860.17 |
| November 2028 target for REFEX | ₹2,978.71 |
| December 2028 target for REFEX | ₹3,099.38 |
Summary of REFEX Share Price Forecast for 2028
- The initial price target for Refex Industries Ltd in 2028 is projected to be ₹1,928.85.
- With favorable market conditions, the mid-year price target for Refex Industries Ltd could reach ₹2,400.08.
- By the end of 2028, the price target for Refex Industries Ltd is expected to potentially reach ₹3,099.38, considering bullish market trends.
REFEX Share Price Target 2029
The share price for REFEX in 2029 could start around ₹3227.51 and potentially climb to ₹5186.13 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2029 target for REFEX | ₹3,227.51 |
| February 2029 target for REFEX | ₹3,379.81 |
| March 2029 target for REFEX | ₹3,528.38 |
| April 2029 target for REFEX | ₹3,695.25 |
| May 2029 target for REFEX | ₹3,859.14 |
| June 2029 target for REFEX | ₹4,016.02 |
| July 2029 target for REFEX | ₹4,200.62 |
| August 2029 target for REFEX | ₹4,380.65 |
| September 2029 target for REFEX | ₹4,585.52 |
| October 2029 target for REFEX | ₹4,785.87 |
| November 2029 target for REFEX | ₹4,984.23 |
| December 2029 target for REFEX | ₹5,186.13 |
Summary of REFEX Share Price Forecast for 2029
- The initial price target for Refex Industries Ltd in 2029 is projected to be ₹3,227.51.
- With favorable market conditions, the mid-year price target for Refex Industries Ltd could reach ₹4,016.02.
- By the end of 2029, the price target for Refex Industries Ltd is expected to potentially reach ₹5,186.13, considering bullish market trends.
REFEX Share Price Target 2030
The share price for REFEX in 2030 could start around ₹5400.54 and potentially climb to ₹8677.86 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2030 target for REFEX | ₹5,400.54 |
| February 2030 target for REFEX | ₹5,655.38 |
| March 2030 target for REFEX | ₹5,903.98 |
| April 2030 target for REFEX | ₹6,183.20 |
| May 2030 target for REFEX | ₹6,457.43 |
| June 2030 target for REFEX | ₹6,719.93 |
| July 2030 target for REFEX | ₹7,028.82 |
| August 2030 target for REFEX | ₹7,330.07 |
| September 2030 target for REFEX | ₹7,672.87 |
| October 2030 target for REFEX | ₹8,008.11 |
| November 2030 target for REFEX | ₹8,340.02 |
| December 2030 target for REFEX | ₹8,677.86 |
Summary of REFEX Share Price Forecast for 2030
- The initial price target for Refex Industries Ltd in 2030 is projected to be ₹5,400.54.
- With favorable market conditions, the mid-year price target for Refex Industries Ltd could reach ₹6,719.93.
- By the end of 2030, the price target for Refex Industries Ltd is expected to potentially reach ₹8,677.86, considering bullish market trends.
REFEX Share Price Target 2031
The share price for REFEX in 2031 could start around ₹9036.63 and potentially climb to ₹13399.83 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2031 target for REFEX | ₹9,036.63 |
| February 2031 target for REFEX | ₹9,463.05 |
| March 2031 target for REFEX | ₹9,879.03 |
| April 2031 target for REFEX | ₹10,346.23 |
| May 2031 target for REFEX | ₹10,805.10 |
| June 2031 target for REFEX | ₹11,244.34 |
| July 2031 target for REFEX | ₹11,761.21 |
| August 2031 target for REFEX | ₹12,265.27 |
| September 2031 target for REFEX | ₹12,838.88 |
| October 2031 target for REFEX | ₹13,399.83 |
Summary of REFEX Share Price Forecast for 2031
- The initial price target for Refex Industries Ltd in 2031 is projected to be ₹9,036.63.
- With favorable market conditions, the mid-year price target for Refex Industries Ltd could reach ₹11,244.34.
- By the end of 2031, the price target for Refex Industries Ltd is expected to potentially reach ₹13,399.83, considering bullish market trends.
Key Takeaways from Forecasted Price for REFEX from 2025 to 2030
| Year | Initial Target | Mid-Year Target | Year-End Target |
|---|---|---|---|
| 2025 | ₹395.36 | ₹558.81 | ₹661.56 |
| 2026 | ₹688.91 | ₹857.21 | ₹1,106.97 |
| 2027 | ₹1,152.73 | ₹1,434.36 | ₹1,852.27 |
| 2028 | ₹1,928.85 | ₹2,400.08 | ₹3,099.38 |
| 2029 | ₹3,227.51 | ₹4,016.02 | ₹5,186.13 |
| 2030 | ₹5,400.54 | ₹6,719.93 | ₹8,677.86 |
- For Refex Industries Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹558.81, followed by a steady climb to ₹661.56.
- In 2026, a temporary decline in early months for Refex Industries Ltd is possible, with a recovery expected by mid-year, aiming for ₹857.21.
- Anticipating mixed trends for Refex Industries Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹1,852.27.
- For 2028 and 2029, Refex Industries Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
- By 2030, the cumulative impact of market dynamics could lead Refex Industries Ltd to a substantial year-end target, surpassing previous expectations.
Final Words on Refex Industries Ltd (REFEX) Share Price Target up to 2030
To summarize, we have presented REFEX share price targets from 2025, 2026, and up to 2030, based on the most recent trading data and algorithms. These targets serve as potential support and resistance levels for the coming years.
It's essential to note that while these price targets are based on technical analysis, other market conditions and news could also impact the stock's performance. Therefore, these hypothetical targets should be used as guidelines and not as financial advice. Always perform your own due diligence before making any investment.
We wish you all the best in your investing endeavors! Please read the Disclaimer below.
Methodology
Our price forecasting model to analyse targets for REFEX uses detailed & data-driven methods to calculate these monthly price targets. This methodology includes the use of classic tools like long-term floor pivot point analysis, historical price performance metrics, and volatility data. Below, we outline the fundamental components and processes that constitute our forecasting model. It is important to note that these prices are based on mathematical calculations and in no way should these be used as financial advice. The stock market is dynamic, and there are so many factors that influence the prices of stocks that any mathematical model cannot cover.
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