Ramco Industries' Stock Surges to 52-Week High, Outperforms Sector and Sensex

Nov 08 2024 10:05 AM IST
share
Share Via
Ramco Industries, a smallcap construction material company, has seen a surge in its stock price, reaching a 52-week high of Rs 287.65 on November 8, 2024. The stock is currently trading at a price 0.21% away from its high and has outperformed the sector by 2.37%. With a consecutive gain of 17.55% in the past 4 days and trading higher than its moving averages, the company shows strong potential for growth.

Ramco Industries, a smallcap company in the construction material industry, has recently seen a surge in its stock price. On November 8, 2024, the company's stock touched a 52-week high, reaching Rs 287.65. This has caught the attention of investors and market analysts alike.

According to MarketsMOJO, a leading financial advisory firm, the current stock call for Ramco Industries is 'Hold'. The stock is currently trading at a price that is 0.21% away from its 52-week high. In today's trading session, the stock has outperformed the sector by 2.37%. This is a positive sign for the company and its investors.

Ramco Industries has been on a winning streak for the past 4 days, with a consecutive gain of 17.55%. This shows a strong upward trend in the company's stock performance. However, the stock did touch an intraday low of Rs 277.55, showing some volatility in the market.

In terms of moving averages, Ramco Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive sentiment in the market towards the company's stock.

In the past year, Ramco Industries has outperformed the Sensex with a return of 29.31%, while the Sensex has only seen a 22.36% return. This further highlights the company's strong performance and potential for growth.

Overall, Ramco Industries has shown promising performance in the construction material industry, making it a company to watch out for in the smallcap segment. With a strong stock performance and positive market sentiment, it is definitely a company to keep an eye on.
{{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
Is Ramco Inds. overvalued or undervalued?
Dec 02 2025 08:13 AM IST
share
Share Via
Why is Ramco Inds. falling/rising?
Nov 22 2025 12:41 AM IST
share
Share Via
Is Ramco Inds. overvalued or undervalued?
Nov 20 2025 08:06 AM IST
share
Share Via
Why is Ramco Inds. falling/rising?
Nov 14 2025 10:07 PM IST
share
Share Via
Is Ramco Inds. overvalued or undervalued?
Nov 14 2025 08:10 AM IST
share
Share Via
Is Ramco Inds. technically bullish or bearish?
Nov 07 2025 08:14 AM IST
share
Share Via