Shree Rama Newsprint Limited
Share Price Target & Analysis
NSE:RAMANEWS
VWAP
Open
Close
High
Low
52 Week High
0.38 (2.33%)
RAMANEWS
(PAPER & JUTE)Turnaround Potential
52 Week Low
EPS
PE
PB
Uncertain
Quality
Unclear
Valuation
#Analysis
NSE: RAMANEWS Share Price Financial Analysis & Valuation
Shree Rama Newsprint Limited (RAMANEWS) is broadly categorized in PAPER & JUTE segment industry which deals in Paper vertical.
It is one of Micro Cap company with Market Capitalization of Rs 292.8 (in Cr). Total number of free float shares are 14.8 (in Lacs).
Shree Rama Newsprint Limited is listed on NSE with Exchange ID - INE278B01020 and trading code is NSE:RAMANEWS with short name Shree Rama News.
In the past 1 year, Shree Rama Newsprint Limited has declared an equity dividend of Rs 0 per share. At the current share price of RAMANEWS at Rs 16.71, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:RAMANEWS, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RAMANEWS underlying value and future prospects. All of this data is available in RAMANEWS financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:RAMANEWS, it is clearly understood that RAMANEWS is Uncertain performer in terms of earnings and profit margins with an EPS of 0. NSE:RAMANEWS book value per share as of today is 6.25. The current price to book ratio for RAMANEWS as of Nov 23, 2024 is 2.67.
Valuation of the Stock: The current valuation of RAMANEWS stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RAMANEWS whether to BUY this stock at current valuation. The delivery percentage of RAMANEWS is 53.65% is very crucial parameter which shows that 53.65% investors are anticipating that the price of RAMANEWS share should go up with VWAP at 16.6.
Now, the main question is whether to BUY or SELL, NSE:RAMANEWS at current valuation.
As per latest Analysis No. #577:-
⇑ STRONG BUY RAMANEWS if All Greens
⇗ BUY RAMANEWS (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD RAMANEWS (With Stop Loss) if only 1 Green
⇘ SELL RAMANEWS if NO Green Indicator
NSE: RAMANEWS Share Price Today (Nov 23, 2024)
(Shree Rama Newsprint Limited Daily Analysis on the basis of RAMANEWS Intraday Graph & Trend)
Shree Rama Newsprint Limited share price moved Up by 2.33% from its previous close of Rs 16.33. RAMANEWS stock last traded price is 16.71. RAMANEWS share price trend is Up with a total of 24507 stocks traded till now. It has touched an intraday high of Rs 16.84 and an intraday low of Rs 16.37. The RAMANEWS trading at 16.71, Up by Rs. 0.38, or 2.33 percent which suggests that most of the Traders are anticipating that the price of RAMANEWS share should go Up.
NSE: RAMANEWS Share Price Tomorrow Prediction
(Shree Rama Newsprint Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RAMANEWS)
Shree Rama Newsprint Limited share price moved Up by 2.33%. RAMANEWS share price short term trend is Up. It suggests that RAMANEWS Share Price for Tomorrow remains the same with VWAP at 16.6 will be treated as stop loss for intraday traders. Shree Rama Newsprint Limited Long term investors can follow the RAMANEWS long term trend as mentiond in future forecast table.
NSE Code |
NSE: RAMANEWS |
RAMANEWS Share Price Today |
16.71 |
RAMANEWS Share Price Target Prediction for 2024 ^ |
15.1 - 21.1 |
RAMANEWS Share Price Target Prediction for 2025*^ |
21.1 - 21.9 |
RAMANEWS Share Price Target Prediction for 2026*^ |
21.9 - 23 |
RAMANEWS Share Price Target Prediction for 2027*^ |
24 |
RAMANEWS Share Price Target Prediction for 2028*^ |
24 |
RAMANEWS Share Price Target Prediction for 2030*^ |
26 |
RAMANEWS Current Book Value 2023 |
6.2 |
*Shree Rama Newsprint Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RAMANEWS share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
RAMANEWS Technical Analysis
Candlestick Pattern: @17.58MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 18.18 | SELL | 18.01 | SELL |
MA_12 | 18.42 | SELL | 18.36 | SELL |
MA_20 | 18.26 | SELL | 18.54 | SELL |
MA_32 | 18.89 | SELL | 18.94 | SELL |
MA_50 | 19.68 | SELL | 19.3 | SELL |
MA_100 | 20.3 | SELL | 19.72 | SELL |
MA_200 | 19.96 | SELL | 19.39 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 18.26 | Downtrend |
MACD | 0 | SELL |
ADX | 20.95 | NO or Weak Trend |
DMI (+/-) | 14.86 / 28.97 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 39.7 | Neutral |
STOCHASTIC_K (Fast) | 14.9 | Oversold |
STOCHASTIC_D (Slow) | 11.74 | Oversold |
CCI | -78.63 | Neutral |
PSAR | 20.04 | SELL |
TRUE RANGE | 0.49 | BUY |
ATR | 0.84 | BUY |
WILLIAMS R | -79 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 25.04 | Neutral |
STOCHASTIC RSI D | 8.35 | Oversold |
MOMENTUM | -1.69 | SELL |
Duration | Value |
---|---|
1 Year | 11.62% |
3 Months | -13.44% |
1 Month | -8.77% |
1 Week | -7.91% |
Action | Overall (%) |
---|---|
BUY | 7% |
NEUTRAL / HOLD | 20% |
SELL | 73% |
Most popular Questions & Answers about RAMANEWS
Shree Rama Newsprint Limited stock last traded price is 16.71. RAMANEWS share price moved Up by 2.33% from its previous close of Rs 16.33.
Shree Rama Newsprint Limited share price trend is Up with a total of 24507 stocks traded till now. It has touched an intraday high of Rs 25.6035 and an intraday low of Rs 16.37. The RAMANEWS trading at 16.71, Up by Rs. 0.38, or 2.33 percent which suggests that most of the Traders are anticipating that the price of RAMANEWS share should go Up and the Stop Loss will be around 16.6.
The market cap of Shree Rama Newsprint Limited is ₹292.8 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Shree Rama Newsprint Limited as of Nov 22, 2024 is 15.74.
The current price to book ratio for Shree Rama Newsprint Limited as of Nov 22, 2024 is 2.67.
The highest price of Shree Rama Newsprint Limited stock is ₹25.35 in the last 52-week.
The lowest price of Shree Rama Newsprint Limited stock is ₹14.4 in the last 52-week.
Shree Rama Newsprint Limited share trading at ₹16.71, Up by Rs. 0.38, or 2.33 percent which suggests that most of the traders are anticipating that the price of RAMANEWS share should go Up.
In 2023, Stock price target for Shree Rama Newsprint Limited (RAMANEWS) are ₹15.1 on downside and ₹21.1 on upside. Shree Rama Newsprint Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Shree Rama Newsprint Limited (RAMANEWS) are ₹21.1 on downside and ₹21.9 on upside. Shree Rama Newsprint Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Shree Rama Newsprint Limited (RAMANEWS) are ₹21.9 on downside and ₹23 on upside. Shree Rama Newsprint Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Shree Rama Newsprint Limited (RAMANEWS) will be around ₹24 Shree Rama Newsprint Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RAMANEWS.
The price of Shree Rama Newsprint Limited (RAMANEWS) shares moved by 2.33%. The short-term trend for RAMANEWS share price is Up. It implies that the share price of RAMANEWS will stay the same tomorrow and that intraday traders should treat VWAP at 16.6 as a stop loss. Investors with a long-term outlook can track RAMANEWS long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of RAMANEWS stock is Unavailable at this moment. Compared to the current market price of 16.71 INR, the RAMANEWS stock is unpredictable by lack of Insufficient data.
As per the fundamental analysis of Shree Rama Newsprint Limited (RAMANEWS), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Shree Rama Newsprint Limited book value per share as of today is 6.25. The current price to book ratio for RAMANEWS as of Nov 23, 2024 is 2.67.
NSE:RAMANEWS News & Other Useful Information about RAMANEWS Share Price
Peer Comparison of NSE: RAMANEWS
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Paper
Company | Price | EPS | BV |
---|---|---|---|
JKPAPER | 402.95 | 39.2 | 268.74 |
WSTCSTPAPR | 548.40 | 52.26 | 375.55 |
SATIA | 95.95 | 14.25 | 93.23 |
SESHAPAPER | 286.50 | 28.86 | 291.45 |
EMAMIPAP | 99.47 | 14.37 | 87.7 |
ANDHRAPAP | 93.39 | 9.57 | 95.21 |
TNPL | 165.92 | 10.65 | 301.91 |
KUANTUM | 125.36 | 16.52 | 128.79 |
NRAIL | 341.20 | 34.57 | 446.73 |
PDMJEPAPER | 142.03 | 13.33 | 51.85 |