Rhetan TMT Experiences Revision in Its Score Amid Strong Market Performance
Rhetan TMT, a small-cap player in the construction materials sector, has recently made headlines as it reached a new 52-week high of Rs. 24.2. This milestone was achieved on January 3, 2025, marking a significant moment for the company. Over the past three days, Rhetan TMT has shown a consistent upward trend, delivering a return of 4.6% during this period, aligning its performance with sector trends.In light of its recent performance, MarketsMOJO has made an adjustment in its evaluation of Rhetan TMT, reflecting the stock's strong position in the market. The company is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust momentum.
Additionally, Rhetan TMT has been added to MarketsMOJO's list, further highlighting its growing prominence in the construction materials industry. Over the past year, the stock has delivered an impressive performance, boasting a return of 146.16%, significantly outpacing the Sensex, which recorded a return of 11.52%.
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