Rama Steel Tubes' Stock Surges 20.82% in Two Days, Outperforming Sector and Sensex

Rama Steel Tubes, a smallcap company in the iron and steel industry, has been making headlines with its recent stock performance. On September 5th, the company's stock gained 9.66%, outperforming the sector by 8.91%. This marks the second consecutive day of gains for Rama Steel Tubes, with a total increase of 20.82% in the past two days.

The stock also reached an intraday high of Rs 12.84, a 10.79% increase from the previous day. Rama Steel Tubes is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the Sensex, Rama Steel Tubes has outperformed with a 1-day performance of 10.96% versus the Sensex's 0.06%. Over the past month, the company's stock has seen a 16.38% increase, while the Sensex has only seen a 4.63% increase.

While there has been no mention of investor interest or expert opinions, MarketsMOJO has given a 'Strong Sell' call for Rama Steel Tubes. This news, along with the company's strong stock performance, may be of interest to investors and those following the iron and steel industry.