Why is Ram Info falling/rising?
As of 26-Jun, Ram Info Ltd's stock price is Rs 93.95, down 5.67% and reflecting a 23.09% decline over the last five days. The stock has weak fundamentals, with a -172.48% CAGR in operating profits over five years and a -71.9% profit decline in the past year, indicating ongoing struggles compared to the broader market.
As of 26-Jun, Ram Info Ltd's stock price is currently at Rs 93.95, reflecting a decline of Rs 5.65 or 5.67%. The stock has been on a downward trend, having fallen for the last five consecutive days, resulting in a significant 23.09% drop over that period. Today's performance indicates that the stock underperformed its sector by 5.61%, with an intraday low of Rs 93.33. Additionally, the stock has shown weak long-term fundamentals, with a staggering -172.48% CAGR growth in operating profits over the past five years and negative results for the last four consecutive quarters. This consistent underperformance, alongside a -71.9% decline in profits over the past year, has contributed to the stock's recent price movement.In the broader market context, while the Sensex has gained 2.94% over the past week, Ram Info Ltd has significantly lagged behind, with a 23.09% decline in the same timeframe. The stock's year-to-date performance also shows a decline of 7.24%, contrasting with the Sensex's gain of 7.19%. This stark difference highlights the stock's ongoing struggles compared to the overall market. Furthermore, the falling investor participation, as indicated by a 54.77% drop in delivery volume, suggests a lack of confidence among investors, further exacerbating the stock's downward trajectory.
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