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

Rajasthan Tube Manufacturing Co, a microcap player in the iron and steel products industry, has reached a significant milestone today, hitting an all-time high of Rs. 36.15. This achievement comes as the stock has demonstrated remarkable performance, outperforming its sector by 1.41% on the day.
Over the past 21 days, Rajasthan Tube Manufacturing Co has shown a robust upward trend, with a notable gain of 49.34%. The stock's performance metrics reveal a consistent upward trajectory, as it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of short-term performance, the stock has increased by 1.97% today, contrasting with a decline of 0.26% in the Sensex. Over the past week, it has risen by 10.05%, while the Sensex saw a modest gain of 0.86%. The longer-term performance is equally impressive, with a staggering 1026.17% increase over the past year and an extraordinary 1848.79% rise over the last three years, significantly outpacing the Sensex's growth during the same periods.