Rajasthan Tube Manufacturing Co Achieves Record Stock Price Amid Strong Market Performance

Jan 12 2025 09:20 AM IST
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Rajasthan Tube Manufacturing Co achieved a record stock price of Rs. 100.98 on January 12, 2025, marking a 188.68% increase over the past year. The stock demonstrated strong performance, trading above multiple moving averages and outperforming its sector, reflecting a solid market position.
Rajasthan Tube Manufacturing Co has reached a significant milestone, achieving an all-time high stock price of Rs. 100.98 on January 12, 2025. This achievement highlights the company's impressive performance over the past year, with a remarkable increase of 188.68%, significantly outpacing the Sensex's growth of 7.98%.

On the day of this record price, the stock opened with a gain of 2% and recorded an intraday high of Rs. 100.98, while the day's low was Rs. 97.02, indicating a fluctuation of 2%. Over the last three days, Rajasthan Tube Manufacturing Co has shown a consecutive gain of 5.46%.

The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend in its performance. Additionally, it outperformed its sector by 2.87% on the day of the record price, underscoring its robust market position.
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