Ram Ratna Wires Faces Continued Decline Amid Broader Market Weakness

Ram Ratna Wires, a small-cap player in the non-ferrous metal industry, has experienced a significant decline of 7.48% on April 4, 2025. The stock opened the day with a loss of 2.05% and reached an intraday low of Rs 515.75, reflecting a drop of 7.39%. This marks the second consecutive day of losses for Ram Ratna Wires, which has seen a total decline of 7.22% over this period. In terms of performance metrics, Ram Ratna Wires has outperformed its sector by 0.5% today, despite the broader market challenges. The non-ferrous metal sector itself has fallen by 7.32%. Currently, Ram Ratna Wires is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In the wider market context, the Sensex has also faced a sharp decline, falling 775.32 points to 75,384.77, down 1.19% after a negative opening. The Sensex is trading below its 50-day moving average, which is also below the 200-day moving average, reflecting a bearish sentiment in the market.