THIS Iron & Steel Stock Nears 52-Week High Mark On Business Milestone | Do You Own?

Rhetan TMT Business Update

Rhetan TMT, on Monday, announced the commissioning of a ground-mounted solar power project in different locations. Rhetan TMT confirmed that it received registration from Gujarat Energy Development Agency (GEDA) for the project under the Gujarat Renewable Energy Policy, 2023.

It also obtained necessary permission from the National Highways Authority of India (NHAI) for laying an underground electrical cable across the National Highway. The company also received the requisite license from the Bureau of Indian Standards (BIS) for manufacturing of TMT bars under different categories.

"The Company has received the requisite licence from the Bureau of Indian Standards (BIS) for the manufacture of Fe500D, Fe550 and Fe550D grade Thermo Mechanically Treated (TMT) bars - the premium, high-strength, high-ductility steel grades," added the firm in its BSE filing.

Rhetan TMT Bars Share Price Trend

The stock closed higher on Monday. Rhetan TMT Bars stock touched its 52-week high mark of Rs 33 per share on July 16, 2026. The stock dipped to its 52-week low mark of Rs 14.52 per share on July 30, 2025. Its return on equity (ROE) stood at 11.18%. The stock has delivered close to 8.7% return on one month and around 70% return in one year.

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