Rama Steel Tubes Exhibits Strong Momentum Amid Broader Market Decline

Jan 21 2025 10:20 AM IST
share
Share Via
Rama Steel Tubes has experienced notable trading activity, achieving consecutive gains and outperforming its sector. The stock is currently above several key moving averages, showcasing resilience in contrast to the declining Sensex. Over the past month, it has delivered a positive return, indicating potential strength in the market.
Rama Steel Tubes has shown significant activity today, with a notable increase of 7.58% on January 21, 2025. The stock has outperformed its sector by 6.85%, reflecting strong momentum as it has recorded consecutive gains over the past two days, totaling an impressive 8.59%.

In terms of technical indicators, Rama Steel Tubes is currently trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. The one-day performance of 8.85% stands in stark contrast to the Sensex, which has seen a decline of 0.65%. Over the past month, the stock has achieved a return of 5.64%, while the Sensex has decreased by 1.88%.

These performance metrics highlight the stock's resilience and potential strength in the current market environment, warranting careful consideration by investors.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News