Rajasthan Tube Manufacturing Co Achieves 52-Week High Amid Broader Market Downturn
Rajasthan Tube Manufacturing Co has achieved a new 52-week high of Rs. 34.8, following a 19-day streak of gains and a 43.76% increase. The company has significantly outperformed its sector and delivered a remarkable 980.41% return over the past year, highlighting its strong market position amidst broader market challenges.
Rajasthan Tube Manufacturing Co has made headlines today as its stock price reached a new 52-week high of Rs. 34.8, marking a significant milestone for the microcap company in the iron and steel products industry. This achievement comes after a remarkable 19-day streak of consecutive gains, during which the stock has surged by 43.76%. Notably, Rajasthan Tube Manufacturing Co has outperformed its sector by 2% today, showcasing its strong market position.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, indicating a robust upward trend. Over the past year, the company has delivered an impressive return of 980.41%, significantly outpacing the Sensex, which has seen a return of only 11.74% during the same period.
While the broader market is experiencing a slight downturn, with the Sensex down 0.26% after opening lower, Rajasthan Tube Manufacturing Co's performance stands out as a notable exception in today's trading session. The stock's recent activity reflects its strong fundamentals and market momentum.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
