Rajasthan Tube Manufacturing Co Sees Revision in Stock Evaluation Amid Record Highs Rajasthan Tube Manufacturing Co, a microcap player in the steel and sponge iron industry, has recently made headlines as its stock price reached an all-time high of Rs. 86.9 on December 31, 2024. This remarkable achievement comes on the back of a strong performance, with the stock outperforming its sector by 4.07% today alone. The company has demonstrated impressive momentum, with a consecutive gain streak extending to 17 days, resulting in a substantial return of 98.18% during this period. Notably, Rajasthan Tube Manufacturing Co opened the trading day with a gap up of 4.07%, reflecting robust market activity. 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. Additionally, the stock has been added to MarketsMOJO's list, indicating a revision in its evaluation. Despite the positive performance metrics, the stock currently holds a 'Sell' call from MarketsMOJO, highlighting the complexity of its market position. Investors and market watchers will be keen to see how the stock navigates its current trajectory in the coming days.

Rajasthan Tube Manufacturing Co, a microcap player in the steel and sponge iron industry, has recently made headlines as its stock price reached an all-time high of Rs. 86.9 on December 31, 2024. This remarkable achievement comes on the back of a strong performance, with the stock outperforming its sector by 4.07% today alone.
The company has demonstrated impressive momentum, with a consecutive gain streak extending to 17 days, resulting in a substantial return of 98.18% during this period. Notably, Rajasthan Tube Manufacturing Co opened the trading day with a gap up of 4.07%, reflecting robust market activity.

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. Additionally, the stock has been added to MarketsMOJO's list, indicating a revision in its evaluation.

Despite the positive performance metrics, the stock currently holds a 'Sell' call from MarketsMOJO, highlighting the complexity of its market position. Investors and market watchers will be keen to see how the stock navigates its current trajectory in the coming days.