Ramky Infrastructure's Stock Performance Soars, Outperforms Sector and Sensex on July 31

Jul 31 2024 02:30 PM IST
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On July 31, 2024, Ramky Infrastructure, a midcap company in the capital goods industry, saw a 5.15% increase in its stock, outperforming the sector by 4.1%. This marks a reversal from the previous two days of consecutive fall. The stock also reached an intraday high and is currently trading higher than its moving averages. It has outperformed the Sensex and has shown a significant increase in the past month. MarketsMojo has given a 'Hold' call for the stock, indicating a neutral stance for investors.

Ramky Infrastructure, a midcap company in the capital goods industry, has seen a positive trend in its stock performance on July 31, 2024. The stock gained 5.15% on this day, outperforming the sector by 4.1%. This marks a reversal from the previous two days of consecutive fall.

The stock also reached an intraday high of Rs 757.2, showing a 4.63% increase. Ramky Infra is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance.

In comparison to the Sensex, Ramky Infrastructure has outperformed with a 1-day performance of 5.15% compared to the Sensex's 0.37%. Over the past month, Ramky Infrastructure has shown a significant increase of 31.70%, while the Sensex has only seen a 2.87% increase.

MarketsMOJO has given a 'Hold' call for Ramky Infrastructure's stock, suggesting a neutral stance for investors. With this recent positive trend in stock performance, Ramky Infrastructure continues to show promise in the capital goods industry.
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