Here's some input about the company which I really like. I have already recommended it at Rs 199 before the market crash ( thought it didn't affect this scrip), few days ago I have recommended again at Rs 262 - Rs 302 Cmp (has given around 15% so far but will give way more than this in coming days).
Intro : Refex Refrigerants Limited operates
as a re-filler and distributor of refrigerant gases in India. The company refills non ozone depleting refrigerant gases, such as hydro fluorocarbons used in air conditioners, refrigerators, and refrigerating equipments. Its products are used in commercial and domestic refrigeration, industrial refrigeration, transport refrigeration, food processing, commercial and domestic air conditioning, automotive air conditioning, chillers for buildings and large systems, aerosol propellants, and foam blowing. The company was incorporated in 2002 as Refex Refrigerants Private Limited and changed its name to Refex Refrigerants Limited in 2006. Refex Refrigerants Limited is based in Chennai, India. Key developments
Refex Refrigerants Limited Announces Earnings Results for the First Quarter of Fiscal 2009
Refex Refrigerants Limited reported earnings results for the first quarter of fiscal 2009. For the first quarter of fiscal 2009, the company's Sales increased to INR 688 million up by 329% as compared to INR 160.7 million in the last year (2007-08). First quarter net profit increased to INR 55.1 million up by 132% as compared to INR 23.8 million in the last year (2007-08).
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