Recent Price Movement and Market Context
The stock has been under pressure for the past four consecutive days, losing approximately 8.81% in that period. This recent weakness contrasts sharply with its year-to-date performance, where it has surged over 70%, significantly outperforming the Sensex’s 8.92% gain. Over the last one year, Rama Phosphates has delivered a remarkable 60.37% return, dwarfing the broader market’s 5.27% rise. However, the past month has seen a sharp reversal, with the stock declining nearly 18%, while the Sensex gained 1.34% in the same timeframe.
On 03-Dec, the stock touched an intraday low of ₹162.60, down 4.75% from the previous close, with a weighted average price indicating that more volume was traded near the day’s low. This suggests selling...
Read More









