Rajasthan Tube Manufacturing Co Achieves 52-Week High Amid Strong Market Trends

Jun 12 2025 10:42 AM IST
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Rajasthan Tube Manufacturing Co's stock has reached a new 52-week high, reflecting a strong upward trend and consistent gains over the past three days. The stock is trading above multiple moving averages, while the broader market shows mixed performance, with small-cap stocks leading. The company's one-year performance significantly outpaces the Sensex.
Rajasthan Tube Manufacturing Co has made headlines today as its stock price reached a new 52-week high of Rs. 46.47. This milestone reflects a significant upward trend, with the stock outperforming its sector by 2.4%. Over the past three days, Rajasthan Tube Manufacturing has shown consistent gains, accumulating a total return of 6.1%.

In terms of technical performance, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend.

In the broader market context, the Sensex opened flat but is currently down by 0.16%, trading at 82,383.09 points. Despite this, the Sensex remains close to its own 52-week high, just 4.36% away from the peak of 85,978.25. Notably, small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.03%.

Rajasthan Tube Manufacturing Co's impressive one-year performance stands out, boasting a remarkable 1552.56% increase, significantly outpacing the Sensex's 7.54% growth during the same period.
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