Ramco Industries share price soared by 4 per cent intraday on the National Stock Exchange (NSE). At 2:17 pm, the trading volumes on the NSE counter stood at over 1 lac shares having a traded value of Rs. 291.57 lac. From a previous closing of Rs 191, the stock today opened at Rs 191.95. The lower price band of the stock read at Rs 152.80 while the upper price band was recorded at Rs 229.20.
As of now, Ramco Industries share price hit a high of Rs 201.60 and a low of Rs 190.55 during the day. The company posted a net profit at Rs 10.85 cr for the quarter ended September 30, 2016 (Q2). The firm engaged in construction materials business had reported a net loss of Rs 1.04 cr in the same quarter last fiscal. The total income from operations rose to Rs 150.14 cr as compared to Rs 132.55 cr in the corresponding quarter of previous fiscal. For the first 6 months (from April to September) of the current financial year 2016-17, Ramco Industries posted PAT of Rs 10.85 cr against Rs 1.07 cr in the same period last year.
Out of the Top 500 Shares, Ramco Industries is one of the Multibagger Stocks, identified by Dynamic Levels Researchers and stock analysts. The stock can be a great investment opportunity which can give you high return. The scrip is a well analysed multibagger stock, based on Dynamic Levels’ technical and fundamental research, traded in very high volumes.
The market cap of Ramco Industries amounts to Rs 1655.26 (Cr) while the book value stands at 90.36. The one-month return percentage stands at -4.04. The average volume of 20 days of the scrip reads at 212108 shares.
To seek other information on the resistance and support levels of the scrip and also to know more about financials and fundamentals of the stock, please pay a visit to Ramco Industries share price history.
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