Ratnamani Metals & Tubes Stock Sees 3.68% Increase, Given 'Hold' Call by MarketsMOJO
On September 6, 2024, Ratnamani Metals & Tubes' stock price increased by 3.68%, reaching close to its 52-week high. It has also outperformed the sector by 4.98%. The stock has shown a trend reversal and is trading higher than its moving averages, indicating a bullish trend. MarketsMojo has given it a 'Hold' call.
Ratnamani Metals & Tubes, a leading player in the steel, sponge iron, and pig iron industry, saw a 3.68% increase in its stock price on September 6, 2024. The stock has been given a 'Hold' call by MarketsMOJO, a leading financial analysis platform.
The stock is currently trading close to its 52-week high of Rs 3923.95, with a difference of only 1.92%. It has also outperformed the sector by 4.98% on the same day. This indicates a positive trend for the company's stock.
In addition, the stock has shown a trend reversal by gaining after two consecutive days of fall. It touched an intraday high of Rs 3850.05, a 4.06% increase from its previous close. This shows a strong buying interest in the stock.
Ratnamani Metals & Tubes is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend for the stock.
In comparison to the Sensex, the stock has outperformed with a 1-day performance of 4.05% while the Sensex has shown a -1.01% performance. In the past month, the stock has also outperformed the Sensex with a 8.45% performance compared to the Sensex's 3.54%.
Overall, Ratnamani Metals & Tubes has shown a strong performance in the stock market and has been given a 'Hold' call by MarketsMOJO. Investors can keep an eye on the stock for potential growth opportunities.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
