Rajasthan Tube Manufacturing Co Achieves All-Time High Amid Strong Market Performance
Rajasthan Tube Manufacturing Co, a microcap in the steel industry, reached an all-time high stock price of Rs. 135.8 on February 12, 2025. The company has shown strong performance, with a 35.95% total return over 17 days and a remarkable 237.56% increase over the past year.
Rajasthan Tube Manufacturing Co, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has made headlines today as its stock price reached an all-time high of Rs. 135.8. This milestone was achieved on February 12, 2025, marking a significant moment for the company. The stock has demonstrated impressive performance, outperforming its sector by 3.7% today alone. Over the past 17 consecutive days, Rajasthan Tube Manufacturing Co has shown remarkable resilience, accumulating a total return of 35.95%.
In terms of technical indicators, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Over the past year, the company has delivered an extraordinary performance, with a staggering 237.56% increase, significantly outpacing the Sensex, which has risen by just 6.38% during the same period.
These developments highlight Rajasthan Tube Manufacturing Co's robust market position and performance metrics within the steel industry.
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