Ramco Systems Shows Strong Short-Term Gains Amid Broader Market Volatility

Jan 24 2025 11:35 AM IST
share
Share Via
Ramco Systems has experienced notable stock activity, gaining 7.44% on January 24, 2025, significantly outperforming its sector. The stock has shown consecutive gains over two days, reaching an intraday high of Rs 408.95, while its performance contrasts with broader market trends, indicating volatility within the IT software sector.
Ramco Systems, a small-cap player in the IT software industry, has shown significant activity today, gaining 7.44% on January 24, 2025. This performance marks a notable outperformance against its sector, exceeding it by 6.3%. The stock has been on a positive trajectory, achieving consecutive gains over the past two days, with a total return of 6.69% during this period.

Opening with a gap up of 7.69%, Ramco Systems reached an intraday high of Rs 408.95. In terms of moving averages, the stock is currently above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day moving averages.

In the context of broader market performance, Ramco Systems' one-day gain of 7.18% stands in contrast to the Sensex, which recorded a modest increase of 0.34%. However, over the past month, Ramco Systems has experienced a decline of 6.44%, while the Sensex has decreased by 2.16%. This performance highlights the stock's volatility and its current market positioning within the IT software sector.
{{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