Rajasthan Tube Manufacturing Co Achieves 52-Week High Amid Broader Market Decline

Jun 02 2025 10:52 AM IST
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Rajasthan Tube Manufacturing Co's stock has reached a new 52-week high of Rs. 42.95, significantly outperforming its sector. Over the past 21 days, it has gained 49.65%, while its one-year performance stands at 1417.13%, contrasting sharply with the Sensex's modest gain of 9.53%.
Rajasthan Tube Manufacturing Co has made headlines today as its stock price reached a new 52-week high of Rs. 42.95. This milestone comes amid a notable performance trend, with the stock outperforming its sector by 3.43%. Over the past 21 days, Rajasthan Tube Manufacturing has shown impressive momentum, gaining 49.65% in returns, indicating a strong upward trajectory.

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 robust market position. This performance is particularly striking when compared to the broader market, as the Sensex has experienced a decline, falling by 202.73 points today to 81,011.69, marking a 0.54% decrease. The Sensex has also faced a three-week consecutive decline, losing 1.6% during this period.

Rajasthan Tube Manufacturing Co's remarkable one-year performance stands at an impressive 1417.13%, significantly outpacing the Sensex's 9.53% gain. The stock's 52-week low was recorded at Rs. 2.6, highlighting the substantial growth it has achieved over the past year.
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