Introduction

Incorporated in 1997, Ramco Systems
Ltd develops ERP Software solutions,
and provides that with related solutions
and services

Observation

After a long time rounding bottom form stock seem to breakout the level of 506. after breakout the level it can go 685 level. on monthly chart stock breakout, its symmetrical triangle pattern.

Let's touch fundamentals

• ROCE - 8%
• ROE - -5%
• Debt to equity - 0.75
• PE -90
• Promoter Holding - 42%
  
• Public holding - 16%
• Promoter Holding Pledge - 22

• Monthly Chart
• Symmetrical Triangle pattern

1. KPI Green Energy has received a letter of award from Coal India for a contract worth an undisclosed amount to set up a solar power plant, according to a Saturday filing to the stock exchanges.

2. Shares of Australian-listed GQG Partners tumbled 13% on Monday after UBS downgraded the stock and said the firm may have lost A$600 million ($390 million) in funds under management in the two days following the indictment of Adani Group executives. GQG is a major backer of Adani Group companies, whose founder Gautam Adani and seven other company associates have been indicted by U.S authorities on bribery charges. Adani Group says the allegations are baseless and has vowed to seek "all possible legal recourse

3. Eicher Motors' motorcycle unit Royal Enfield recorded a 2% rise in its total sales volume to 82,257 units in November from 80,251 units sold a year ago, according to a Sunday filing to the stock exchanges.

Educational content 📖

Wed Dec 4, 2024