Jay Chandran A Market Profile Trader trades Mostly Nifty

Ramsarup industries ltd – A value pick?

31 sec read

Last pick BAGFILMS doing well.

Now lets check Ramsarup Industries. Is it a value pick here? lets analyze.

Technically Ramsarup Is highly oversold on weekly charts and daily charts. Its around support zone in weekly charts. Stochastic getting flatten which is a good sign of short term reversal. Volumes totally dried during phase of fall. So all over technically its a good buy until 26 with weekly supp @ 17.


Now lets come to fundamental analysis part. Stock has a P/E ratio of 3.17 with market cap of 139 cr. It has a great book value with 163/shr where currently stock is under-priced. EPS at 12.56 looks good .Share holding pattern is less from FII’s . so all over its a great Fundamental pick too.

Around 40 Rs its a good value pick both technically as well as fundamentally. So Investors can add this stock in your portfolio.


Jay Chandran A Market Profile Trader trades Mostly Nifty

Febinars Platform Now Open to Angel Broking Users

We are proud to provide our Febinars Platform access to Angel Broking users. Febinars is an online learning platform for professional traders. It's the...
Rajandran R
42 sec read

Worldwide Surge in Trading Accounts During this Pandemic

Flood of new retail traders flocking into the stock market and most of the brokerage firms across the world reporting surge in trading accounts....
Rajandran R
44 sec read

Things you need to know about Vedanta Delisting

On 12th May 2020, Vedanta India came up with a delisting offer priced at ₹87.5 per equity share. Ahead of the announcement, the company’s...
Rajandran R
1 min read

4 Replies to “Ramsarup industries ltd – A value pick?”

    1. @ nanavati

      Just sharing my views based on technical and fundamental analysis. If U don’t want to take risk. Just track it.

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More