Rajasthan Tube Manufacturing Co Achieves All-Time High Stock Price Milestone

Rajasthan Tube Manufacturing Co has made headlines today as its stock price reached an all-time high of Rs. 202.7, marking a significant milestone for the microcap company in the steel, sponge iron, and pig iron industry. The stock has shown remarkable performance, outperforming its sector by 0.84% today alone.
Over the past 20 days, Rajasthan Tube Manufacturing Co has demonstrated a strong upward trend, gaining 48.06% in returns. The stock has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust momentum.

In terms of daily performance, the stock rose by 1.99%, while the benchmark Sensex increased by 1.20%. Over the past week, Rajasthan Tube Manufacturing Co saw an impressive gain of 8.16%, compared to the Sensex's 1.29%. The company's performance over the last month stands at 42.40%, significantly outpacing the Sensex, which declined by 1.20%.

Year-to-date, the stock has surged by 131.13%, and its one-year performance reflects an astounding increase of 478.48%. Over three years, the stock has skyrocketed by 966.84%, showcasing its strong market position and growth trajectory.