Rathi Steel & Power's Stock Surges, Outperforms Sector and Sensex with Impressive 1-Year Performance
Rathi Steel & Power, a microcap company in the iron and steel industry, has seen a remarkable 92.06% increase in its stock returns over the past 11 days. Despite being given a Strong Sell rating by MarketsMojo, the stock has consistently outperformed the sector and is currently trading above its moving averages. With a 1-year performance of 928.16%, Rathi Steel & Power shows strong growth potential and is a company to watch in the industry.
Rathi Steel & Power, a microcap company in the iron and steel industry, has recently seen a surge in its stock price. On July 26, 2024, the company's stock reached a 52-week high of Rs.88.73. However, according to MarketsMOJO, the stock has been given a "Strong Sell" rating.
Despite this, Rathi Steel & Power's performance today has outperformed the sector by 3.81%. The stock has been on a consecutive 11-day gaining streak and has seen a remarkable 92.06% increase in its returns during this period. Additionally, the stock opened with a gain of 4.99% today and touched an intraday high of Rs.88.73.
It is worth noting that the stock has been consistently trading at the same price since its opening, indicating a strong hold in the market. Furthermore, Rathi Steel & Power is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex's performance of 20.30%, Rathi Steel & Power has shown an impressive 1-year performance of 928.16%. This showcases the company's strong growth potential and its ability to outperform the market.
Overall, Rathi Steel & Power's recent surge in stock price and its consistent performance in the market make it a company to watch out for in the iron and steel 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
