Why is Ramasigns Indus. falling/rising?
As of 11-Aug, Ramasigns Industries Ltd is facing a decline in stock price at 2.34, reflecting a 0.43% decrease, and has underperformed its sector today. Despite a short-term outperformance against the Sensex, the company has a poor long-term return and significant financial challenges, including operating losses and pledged shares.
As of 11-Aug, Ramasigns Industries Ltd is experiencing a decline in its stock price, currently at 2.34, which reflects a decrease of 0.01 or 0.43%. The stock has underperformed its sector by 1.78% today and has shown a trend reversal after two consecutive days of gains. Despite a notable increase in delivery volume by 79.63% against the 5-day average, the stock's performance over the past year has been poor, with a return of -2.09%. The company is facing significant challenges, including operating losses and a weak ability to service its debt, indicated by a negative EBIT to Interest ratio of -1.58. Additionally, 100% of promoter shares are pledged, which adds downward pressure on the stock in a falling market.In the broader market context, Ramasigns Industries Ltd has outperformed the benchmark Sensex in the short term, with a 15.27% return over the past week compared to the benchmark's decline of 0.51%. However, this short-term performance contrasts sharply with the company's long-term trajectory, where it has consistently underperformed against the benchmark over the last three years, with a staggering -51.25% return compared to the Sensex's 35.85% gain. This consistent underperformance, coupled with the company's weak fundamentals and high risk due to pledged shares, contributes to the stock's current downward 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
