Why is Ram Info falling/rising?
As of 18-Sep, Ram Info Ltd's stock price is Rs 93.14, down 2.44%, and has underperformed significantly over various time frames compared to the Sensex. Despite increased investor interest, the stock has declined 22.99% over the past year and 8.04% year-to-date.
As of 18-Sep, Ram Info Ltd's stock price is currently at Rs 93.14, reflecting a decline of Rs 2.33 or 2.44%. The stock has been underperforming, having lost 4.96% over the last four days, and it is currently lower than its 5-day, 20-day, and 50-day moving averages, although it remains above the 100-day and 200-day moving averages. The stock's performance today has also been disappointing, underperforming its sector by 3.14%. Over the past year, the stock has seen a significant decline of 22.99%, and year-to-date, it has dropped by 8.04%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context indicates that the stock has been lagging behind the benchmark index, Sensex, which has gained 1.80% over the past week and 2.14% over the past month. In contrast, Ram Info Ltd has experienced a decline of 2.68% over the past week and 0.76% over the past month. This underperformance is further highlighted by the stark difference in returns over the last three years, where the stock has decreased by 26.49% compared to the Sensex's increase of 41.08%. The rising investor participation, with a notable increase in delivery volume, suggests some interest, but it has not been enough to counteract the overall downward trend in the stock price.
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