Ramky Infrastructure's Stock Declines by -7.05% in Line with Sector Performance on August 5th, 2024

Ramky Infrastructure, a smallcap company in the capital goods industry, saw a decline of -7.05% on August 5th, 2024. This drop was in line with the overall performance of the sector, which fell by -4.69%. The stock opened with a loss of -4.57% and touched an intraday low of Rs 698.55 (-6.84%). However, the stock is still performing well in the long term, with its moving averages higher than 20 day, 50 day, 100 day, and 200 day moving averages.

MarketsMOJO has given a 'Sell' call for Ramky Infrastructure, citing its underperformance compared to the sector by -1.97%. The stock's 1 day performance was -6.31%, while the Sensex's performance was -2.91%. In the past month, Ramky Infrastructure has seen a positive growth of 13.59%, while the Sensex has seen a decline of -1.71%.

It is important to note that this article is based on factual information and does not include any future potential, investor interest, or expert opinions. The stock's performance is solely based on its past performance and current market trends. Investors are advised to do their own research and make informed decisions before investing in any company.