Why is Rama Steel Tubes falling/rising?
As of 31-Jul, Rama Steel Tubes Ltd is priced at 11.03, down 0.09%, and has shown a bearish trend with a decline in investor participation and negative results over the last five quarters. Despite a strong long-term growth rate, the stock has underperformed recently, with a year-to-date return of -8.46% compared to the Sensex's positive performance.
As of 31-Jul, Rama Steel Tubes Ltd is currently priced at 11.03, reflecting a decrease of 0.01 or 0.09%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 0.99% in this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, investor participation has decreased, with delivery volume dropping by 5.04% compared to the 5-day average. Despite a healthy long-term growth rate in operating profit of 31.95%, the company has reported negative results for the last five consecutive quarters, with a significant decline in profits and a low return on capital employed (ROCE) of 5.2, contributing to its recent price movement.In the broader market context, the stock's short-term performance has been underwhelming, with a 1-week return of -2.73%, compared to a lesser decline of -1.22% in the Sensex. While the stock has outperformed the BSE500 over the long term, it has struggled in the near term, with a year-to-date return of -8.46% against the Sensex's positive 3.90%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's current valuation and business outlook, further impacting its price negatively.
{{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
