Stock of Interest

Posted On: September 6, 2023

Stock Report: RUBYMILLS(NSE) 05 Sep 2023 

Ruby Mills Ltd is engaged in the business of textile manufacturing and real estate development. It operates through two segments: Textile and Real Estate. The company manufactures and markets various products, which include cotton and blended yarns; custom-made fabrics from various manmade and natural fibers, such as cotton, linen, viscose, lyocell, modal, polynosic and the blends of the same for shirting, suiting and dress materials. The Textile segment acts as a major revenue driver for the firm.

#xCalData predicts that # RUBYMILLS will continue its bullish phase over the next five days and trend within the range of 238 to 254. 

In comparison to the previous month, the price of the stock has experienced a increase of 14.99% indicating a bullish. 

The Stock has doubled thrice since 27 Mar 2015 and took an average of 2.5 years to double. 

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 1 years in the past 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely Stochastic Oscillator indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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