Rajasthan Tube Manufacturing Co Achieves Record Stock Price Amid Strong Performance Metrics
Rajasthan Tube Manufacturing Co has recently seen a revision in its score, reflecting its strong market performance. The stock reached an all-time high of Rs. 72.19, outperforming its sector significantly. Additionally, it has been added to MarketsMojo's list, highlighting its impressive gains and robust trading metrics over the past year.
Rajasthan Tube Manufacturing Co has recently achieved a significant milestone, reaching an all-time high of Rs. 72.19 on December 25, 2024. This microcap company, operating within the steel, sponge iron, and pig iron industry, has demonstrated remarkable performance, outperforming its sector by 5.41% today.The stock has shown impressive momentum, gaining for 13 consecutive days and delivering a substantial return of 64.63% during this period. Today, it opened with a notable gain of 4.49%, reflecting strong market activity. Throughout the trading session, the stock reached an intraday high of Rs. 72.19, marking a 4.99% increase, while the intraday low was recorded at Rs. 65.5, a decrease of 4.74%.
In terms of moving averages, Rajasthan Tube Manufacturing Co is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust upward trend. Over the past year, the company's performance has been impressive, with a return of 78.87%, significantly outpacing the Sensex, which recorded a gain of 10.36%.
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