India's Ratnamani Metals and Tubes hits record high

Ratnamani Metals and Tubes

17/07/2023 07:23

** Shares of Ratnamani Metals and Tubes  RMT.NS  rise as
much as 7.7% to a record high of 2,630 rupees
    ** Stock logs largest intraday pct climb since May 11
    ** Stock on track to rise for second straight session if
trends hold
    ** RMT's relative strength index jumps over 70 in the
session, indicating it is overbought
    ** Nearly 120,000 shares change hands as of 11:47 a.m. IST,
3.3x the 30-day moving average
    ** Including session's gains, RMT up ~33.5% YTD
    

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))