Rajasthan Tube Manufacturing Co Ltd Hits New 52-Week High Amid Strong Buying Activity
Rajasthan Tube Manufacturing Co Ltd is experiencing strong buying activity, significantly outperforming the Sensex. The stock has achieved notable gains over various time frames, including a 49.79% increase in the last month and a remarkable 390.19% rise year-to-date, reaching a new 52-week high.
Rajasthan Tube Manufacturing Co Ltd is witnessing significant buying activity, marking a notable performance in the iron and steel products sector. The stock has recorded a remarkable 1.99% increase today, contrasting sharply with the Sensex, which has declined by 0.31%. Over the past week, Rajasthan Tube has surged by 10.09%, while the Sensex has fallen by 1.19%. In the last month, the stock has skyrocketed by 49.79%, significantly outperforming the Sensex's modest gain of 0.86%. The three-month performance is equally impressive, with Rajasthan Tube achieving a staggering 163.26% increase compared to the Sensex's 10.93%. Year-to-date, the stock has risen by 390.19%, while the Sensex has only managed a 3.91% increase.
Today, Rajasthan Tube hit a new 52-week high of Rs. 42.99 and has been on a consecutive gain streak for the last 21 days, accumulating a total return of 49.79% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. The buying pressure may be attributed to the stock's robust performance metrics and market positioning within its industry.
{{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
