Sri Ramakrishna Mills (Coimbatore) Ltd Surges to All-Time High, Outperforming Market in Past Year

Oct 13 2024 09:20 AM IST
share
Share Via
Sri Ramakrishna Mills (Coimbatore) Ltd, a microcap textile company, has seen a surge in its stock price, reaching an all-time high on October 13th, 2024. The stock has shown a strong performance, outperforming the market in the past year and currently trading higher than its moving averages. Investors may want to monitor this company for potential future growth.

Sri Ramakrishna Mills (Coimbatore) Ltd, a microcap textile company, has recently seen a surge in its stock price, reaching an all-time high on October 13th, 2024. The stock has been given a 'Hold' rating by MarketsMOJO, indicating a neutral stance on its performance.

The stock has shown a strong performance today, hitting a new 52-week high of Rs.102.24 and opening with a gain of 4.99%. However, it has underperformed the sector by -4.92% and has seen a trend reversal after two consecutive days of gains. The stock has also seen a wide gap up in its opening price.

In terms of moving averages, Sri Ramakrishna Mills (Coimbatore) Ltd is currently higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but lower than its 5-day moving average.

In the past year, the stock has shown an impressive performance of 236.10%, outperforming the Sensex's performance of 22.43%. This showcases the company's strong growth and potential in the textile industry.

Overall, Sri Ramakrishna Mills (Coimbatore) Ltd has shown a positive trend in its stock price and has outperformed the market in the past year. Investors may want to keep an eye on this microcap company for potential future growth.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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