Ramsons Projects Ltd Achieves Remarkable 197% Annual Surge Amid Strong Buying Activity

Ramsons Projects Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, is witnessing significant buying activity, marking a notable performance against the broader market. Today, the stock surged by 4.98%, while the Sensex declined by 0.26%. Over the past week, Ramsons Projects has gained an impressive 27.57%, contrasting with a slight drop in the Sensex of 0.36%.
In the last month, the stock has increased by 39.87%, significantly outperforming the Sensex, which rose by only 1.47%. Year-to-date, Ramsons Projects has delivered a return of 17.38%, compared to the Sensex's 4.20%. Over the past year, the stock has skyrocketed by 197.23%, while the Sensex has only managed a 10.20% increase.

The stock opened today with a gap up of 4.83% and reached an intraday high of Rs 65.39. Notably, Ramsons Projects has been on a winning streak, gaining for six consecutive days with a total return of 33.94% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The narrow trading range of Rs 0.09 suggests stable buying interest.