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 both technically as well as fundamentally. So Investors can add this stock in your portfolio.
Regards
Jay
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