Ramco Cements stock closed 3.6 percent higher on Friday. The stock has offered 14 percent returns to investors over the last one month. The stock is looking bullish on technical charts.
GNFC, Laurus Labs, Chambal Fertilisers, Ramco Cement shares were trading positive among mid-cap stocks.
Ramco Cements, a stalwart in India’s cement sector, has been a consistent performer in the stock market.
KRChoksey Research has issued an Accumulate rating for The Ramco Cements Limited, setting a target price of Rs 985 per share.
Indian markets are expected to open flat today as any major cues from global markets are missing today.
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session.