Key Events This Week
29 Dec 2025: Stock opens the week at Rs.24.29, down 0.25%
30 Dec 2025: Continued decline to Rs.24.18 (-0.45%) amid subdued volume
31 Dec 2025: Rebound with Rs.24.32 close (+0.58%) as Sensex rallies
1 Jan 2026: Gains accelerate to Rs.24.64 (+1.32%) on increased volume
2 Jan 2026: New 52-week and all-time high at Rs.25.59 (+3.86%)
29 December 2025: Week Opens with Mild Decline
Rhetan TMT Ltd began the week at Rs.24.29, a slight decline of 0.25% from the previous Friday’s close of Rs.24.35. The stock traded on moderate volume of 40,593 shares. This movement was in line with the broader market, as the Sensex fell 0.41% to 37,140.23 points. The initial dip reflected cautious sentiment as investors awaited fresh catalysts to drive momentum.
30 December 2025: Further Softening Amid Low Volumes
The stock continued to edge lower, closing at Rs.24.18, down 0.45% on thinner volumes of 20,662 shares. The Sensex was largely flat, slipping marginally by 0.01% to 37,135.83. This sideways movement suggested consolidation, with investors possibly digesting year-end positioning and awaiting clearer directional cues.
31 December 2025: Rebound as Market Gains Traction
Rhetan TMT Ltd reversed course to close at Rs.24.32, gaining 0.58% on volumes of 18,552 shares. The broader market rallied strongly, with the Sensex surging 0.83% to 37,443.41. This positive market environment helped lift the stock, signalling renewed buying interest as the year closed.
1 January 2026: Momentum Builds with Volume Uptick
The stock advanced further to Rs.24.64, a 1.32% gain, supported by increased volume of 38,802 shares. The Sensex rose modestly by 0.14% to 37,497.10. This day marked the start of a three-day consecutive gain streak for Rhetan TMT Ltd, reflecting strengthening technical momentum and investor confidence heading into the new year.
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2 January 2026: New 52-Week and All-Time Highs Achieved
Rhetan TMT Ltd surged to a new 52-week high and all-time high closing price of Rs.25.59, a robust 3.86% increase on exceptionally high volume of 164,593 shares. This marked the culmination of a three-day rally delivering a cumulative return of 5.29%. The stock outperformed the Sensex, which gained 0.81% to close at 37,799.57. This milestone reflects strong buying interest and positive technical signals, with the stock trading above all key moving averages (5, 20, 50, 100, and 200-day), indicating sustained upward momentum.
Despite the broader Iron & Steel Products sector experiencing mixed dynamics, Rhetan TMT Ltd’s relative strength was evident, outperforming sector peers by 2.18% on the day. The stock’s one-year return stands at 7.13%, marginally ahead of the Sensex’s 6.98%, while its three-year return is an impressive 181.64%, underscoring long-term value creation.
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Daily Price Comparison: Rhetan TMT Ltd vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2025-12-29 | Rs.24.29 | -0.25% | 37,140.23 | -0.41% |
| 2025-12-30 | Rs.24.18 | -0.45% | 37,135.83 | -0.01% |
| 2025-12-31 | Rs.24.32 | +0.58% | 37,443.41 | +0.83% |
| 2026-01-01 | Rs.24.64 | +1.32% | 37,497.10 | +0.14% |
| 2026-01-02 | Rs.25.59 | +3.86% | 37,799.57 | +0.81% |
Key Takeaways from the Week
Positive Signals: Rhetan TMT Ltd demonstrated strong resilience and momentum, closing the week with a 5.09% gain, comfortably outperforming the Sensex’s 1.35% rise. The stock’s new 52-week and all-time highs on 2 January 2026 highlight robust investor interest and technical strength. Trading above all major moving averages confirms a bullish trend, supported by a significant volume surge on the final trading day.
Cautionary Notes: Despite the recent gains, the stock’s Mojo Grade remains at ‘Sell’ with a score of 44.0, albeit upgraded from ‘Strong Sell’ in November 2025. This suggests that while momentum is improving, underlying fundamentals or valuation metrics may still warrant caution. Additionally, the stock’s performance relative to its sector showed slight underperformance on the day of the all-time high, indicating sector-specific pressures that investors should monitor.
Conclusion
Rhetan TMT Ltd’s performance in the week ending 2 January 2026 reflects a significant phase of positive momentum, marked by new price milestones and technical strength. The stock’s 5.09% weekly gain and outperformance of the Sensex underscore its growing market relevance within the Iron & Steel Products sector. While the upgrade in Mojo Grade signals improving fundamentals, the cautious rating advises investors to remain vigilant. Overall, the stock’s ability to sustain gains above key moving averages and its strong volume support provide a solid foundation for its current rally.
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