Rajasthan Tube Manufacturing Co Achieves All-Time High Amid Strong Market Momentum

May 19 2025 10:35 AM IST
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Rajasthan Tube Manufacturing Co has achieved a new 52-week high, reflecting strong performance in the iron and steel sector. The stock has gained significantly over various time frames, including a remarkable increase of over 1,000% in the past year, indicating robust upward momentum.
Rajasthan Tube Manufacturing Co, a microcap player in the iron and steel products industry, has reached a significant milestone today, hitting a new 52-week high of Rs. 35.45. This achievement comes as the stock has demonstrated remarkable performance, outperforming its sector by 1.73%. Over the past 20 days, the stock has shown a robust upward trend, gaining 46.45% during this period.

In terms of daily performance, Rajasthan Tube Manufacturing Co recorded a 1.87% increase, contrasting with the Sensex, which remained nearly flat at -0.01%. The stock's performance over the past week and month has also been impressive, with gains of 9.92% and 46.49%, respectively.

Longer-term metrics reveal even more substantial growth, with a staggering 1,004.36% increase over the past year and an impressive 1,717.95% rise over the last three years. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum in its price trajectory.
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