Ramky Infrastructure Stock Declines -7.1% and Labeled as 'Strong Sell' by MarketsMOJO

Ramky Infrastructure, a smallcap company in the capital goods industry, has seen a decline of -7.1% in its stock on August 14, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Strong Sell'.

The stock has underperformed the sector by -6.47% on the same day. It has also been on a consecutive fall for the last 3 days, with a total decline of -10.67% during this period. The stock touched an intraday low of Rs 642, which is a decrease of -7.37%.

While the moving averages for Ramky Infrastructure are higher than the 50-day and 100-day averages, they are lower than the 5-day, 20-day, and 200-day averages. This indicates a mixed trend for the stock.

In comparison to the Sensex, Ramky Infrastructure has performed poorly with a -7.44% return in the last 1 day, while the Sensex has shown a positive return of 0.18%. In the last 1 month, the stock has also underperformed the Sensex with a return of -4.32% compared to the Sensex's -1.77% return.

Investors should keep a close eye on the performance of Ramky Infrastructure in the coming days, as it may continue to face challenges in the market. This is not a recommendation to buy or sell the stock, but rather a fact-based update on its recent performance.