Rajasthan Tube Manufacturing Co Reaches All-Time High Amid Strong Market Performance

Rajasthan Tube Manufacturing Co, a microcap player in the iron and steel products industry, has shown remarkable performance today, reaching a new 52-week high of Rs. 34.8. The stock has outperformed its sector by 2%, reflecting a strong upward trend. Over the past 19 days, Rajasthan Tube Manufacturing has consistently gained, accumulating an impressive 43.76% return during this period.
In terms of daily performance, the stock rose by 1.90%, contrasting sharply with the Sensex, which declined by 0.27%. The company's performance over the past week and month has also been notable, with gains of 9.95% and 40.95%, respectively, compared to the Sensex's 3.59% and 6.83%.

Looking at longer-term metrics, Rajasthan Tube Manufacturing Co has delivered extraordinary returns of 980.41% over the past year and an astounding 1684.62% over the last three years, significantly outpacing the Sensex's performance in the same periods. 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.