Rajasthan Tube Manufacturing Co Reaches All-Time High Amidst Market Activity

Rajasthan Tube Manufacturing Co has experienced significant activity today, reflecting its position in the Steel/Sponge Iron/Pig Iron industry. The stock recently reached an all-time high on May 14, 2025, and is currently just 0.15% away from its 52-week high of Rs 32.85. Despite this, the stock has underperformed its sector by 2.41% today. After a remarkable 16-day streak of gains, Rajasthan Tube Manufacturing Co has seen a trend reversal, indicating a shift in momentum. However, it remains above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a generally positive long-term trend. In terms of performance metrics, the stock has shown impressive growth over various time frames. Over the past month, it has surged by 30.35%, and over the last year, it has skyrocketed by 871.01%. Year-to-date, the stock has gained 281.98%, significantly outperforming the Sensex, which has risen only 4.04% in the same period. Overall, Rajasthan Tube Manufacturing Co continues to demonstrate strong performance indicators within its sector.