Why is Rama Steel Tubes falling/rising?
As of 29-Jul, Rama Steel Tubes Ltd is priced at 11.14, showing a slight increase but has underperformed its sector. Despite a long-term growth rate in operating profit, the stock has faced significant challenges, including recent declines and negative results over the last five quarters.
As of 29-Jul, Rama Steel Tubes Ltd is currently priced at 11.14, reflecting a slight increase of 0.03 or 0.27%. The stock has recently experienced a trend reversal, gaining after nine consecutive days of decline. Despite this uptick, it has underperformed its sector by 1.04% today. Over the past week, the stock has decreased by 4.46%, and over the last month, it has fallen by 7.78%. While the stock has shown a healthy long-term growth rate in operating profit of 31.95% and generated a return of 6.50% over the past year, it has also faced significant challenges, including negative results for the last five consecutive quarters and a decline in profits by 24%. In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by only 1.03% over the past week and 3.24% over the past month. This indicates that while Rama Steel Tubes has struggled in the short term, the overall market has not fared much better. The stock's liquidity remains adequate, with a delivery volume increase of 1.42% against the five-day average, suggesting some investor interest despite the negative sentiment surrounding its financial performance. Additionally, the lack of investment from domestic mutual funds may reflect broader concerns about the company's valuation and business stability, further influencing its stock price movement.
{{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
