Rajasthan Tube Manufacturing Co. Achieves 52-Week High Amid Market Fluctuations

Jun 17 2025 10:37 AM IST
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Rajasthan Tube Manufacturing Co has achieved a new 52-week high, reflecting strong trading momentum after a notable six-day performance. The stock has significantly outperformed its sector and has shown remarkable growth over the past year, indicating resilience amid broader market fluctuations.
Rajasthan Tube Manufacturing Co, a microcap player in the Iron & Steel Products industry, has made headlines today as its stock price reached a new 52-week high of Rs. 49.29. This milestone comes after a robust performance over the past six days, during which the stock has gained 12.53%. Notably, Rajasthan Tube has outperformed its sector by 2.17% today, indicating strong momentum in its trading activity.

The company's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a positive trend in its price performance. Over the past year, Rajasthan Tube Manufacturing Co has shown remarkable growth, with a staggering increase of 1650.98%, significantly outpacing the Sensex, which has risen by only 6.00% during the same period.

In the broader market context, the Sensex experienced a decline of 257.75 points today, settling at 81,611.72, while small-cap stocks, including Rajasthan Tube, have been leading the market with a gain of 0.43%. The stock's performance today highlights its resilience amid a fluctuating market environment.
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