Rajasthan Tube Manufacturing Co Achieves Record Stock Price Amid Strong Industry Growth

Rajasthan Tube Manufacturing Co has reached an all-time high stock price of Rs. 100.98, marking a significant milestone for the company in the steel, sponge iron, and pig iron industry. Over the past year, the stock has demonstrated impressive growth, surging by 188.68%, which notably outpaces the Sensex's gain of 7.98% during the same timeframe. On the day of this record high, the stock opened with a 2% gain and peaked at Rs. 100.98, with a low of Rs. 97.02, indicating a fluctuation of 2% throughout the trading session. The stock has shown consistent upward momentum, accumulating returns of 5.46% over the last three days. Furthermore, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a robust upward trend in its performance metrics.