Ramco Industries' Stock Surges to 52-Week High, Outperforms Sector and Sensex
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.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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
