Scrip can rebound back as it is facing resistance at support levels with double bottom and is already trading around 52-week low
Rest in charts.
Bullish momentum sign
1) RSI indicator rising in past few sessions
2) Although, Broadening Falling wedge pattern in play which is bearish sign however scrip has started to face resistance after partial decline
1.Cup With Handle Breakout Above @ 190
2.Multiple Top Break Out Close Above 180
Technical Target : 225
Fundamentals : (Fundamental Medium Term Target 350) (Fundamental Long Term Target 500)
1. Mkt Cap Rs. 425cr
2.Return% on Mkt. Cap Quarterly :8.81%
3.Return% on Mkt. Cap Yearly : 7.53%
4. Debt : 0.39cr
5. Stock PE : 6.71
6. Return On...
Ruchira Papers Ltd. engages in the manufacturing of paper. Its products include kraft, and writing and printing paper. The company was founded on December 8, 1980 and is headquartered in Yamuna Nagar, India.