Ramco Cements Experiences Notable Stock Activity Amid Market Volatility

Jan 24 2025 09:30 AM IST
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The Ramco Cements experienced notable trading activity on January 24, 2025, with a significant gain and outperforming its sector. The stock opened higher, reached an intraday peak, and displayed high volatility. It remains above several moving averages while facing a decline over the past month, contrasting with broader market trends.
The Ramco Cements has shown significant activity today, gaining 5.32% on January 24, 2025. This performance has allowed the stock to outperform its sector by 5.41%. Over the past two days, The Ramco Cements has experienced a consecutive gain, accumulating a total return of 5.14%.

The stock opened with a notable gap up of 4.73% and reached an intraday high of Rs 913.4, reflecting a rise of 5.24%. However, it has also exhibited high volatility, with an intraday volatility rate of 117.13%, indicating fluctuating trading conditions. The stock has traded within a narrow range of Rs 6.35 today.

In terms of moving averages, The Ramco Cements is currently above its 5-day, 100-day, and 200-day moving averages, but below its 20-day and 50-day moving averages. Over the past month, the stock has seen a decline of 8.22%, contrasting with the Sensex's decrease of 2.25%. Overall, The Ramco Cements continues to navigate a dynamic market landscape.
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