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

Rajasthan Tube Manufacturing Co, a microcap player in the iron and steel products industry, has reached a significant milestone today, hitting an all-time high of Rs. 42.15. This achievement comes as the stock has demonstrated remarkable performance, outperforming its sector by 2.48%. Over the past 21 days, the stock has shown a consistent upward trend, accumulating a substantial return of 49.73%.
In terms of daily performance, Rajasthan Tube Manufacturing Co recorded a gain of 1.93%, contrasting with the Sensex, which declined by 0.27%. The stock's performance over the past week and month has also been impressive, with increases of 10.05% and 49.73%, respectively.

Looking at longer-term metrics, the company has achieved a staggering 1400% increase over the past year and an extraordinary 2534.38% rise over the last three years. Additionally, year-to-date performance stands at 380.62%, significantly outpacing the Sensex's 4.19%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum in its price trajectory.