Rajasthan Tube Manufacturing Co Achieves All-Time High Amid Strong Market Performance
Rajasthan Tube Manufacturing Co has achieved a new 52-week high, showcasing strong performance in the iron and steel sector. The stock has consistently gained over the past weeks and year, significantly outperforming the Sensex, highlighting its robust growth trajectory and market position.
Rajasthan Tube Manufacturing Co, a microcap player in the iron and steel products industry, has reached a significant milestone today, hitting a new 52-week high of Rs. 39.75. This achievement comes as the stock has demonstrated remarkable performance, outperforming its sector by 2.38%. Over the past 21 days, the stock has shown a consecutive gain, delivering an impressive return of 49.73%.In terms of daily performance, Rajasthan Tube Manufacturing Co increased by 1.79%, contrasting with the Sensex, which declined by 1.02%. The stock's performance over the past week has also been strong, with a rise of 9.96%, while the Sensex saw a modest increase of 0.18%.
Looking at longer-term metrics, the company has achieved a staggering 1160.30% increase over the past year, significantly outpacing the Sensex's 7.89% growth. Year-to-date, the stock has surged by 353.25%, compared to the Sensex's 4.09%. Over three years, Rajasthan Tube Manufacturing Co has delivered a remarkable 2266.07% return, further solidifying its position in the market.
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