Metal stock hits 10% upper circuit even as Nifty Metal falls nearly 1% amid surge in crude oil prices

Rhetan TMT to increase borrowing limits to ₹300 crore

The proposed enhancement is aimed at providing greater financial flexibility to support the company’s business expansion, growth initiatives and future funding requirements

Rhetan TMT Stock Surges 10% Upper Circuit; AGM on Sep 16 to Consider and Approve Company Borrowing Limit to Rs. 300 Crore for Business Expansion

Get latest articles and stories on Business at LatestLY. Ahmedabad (Gujarat) [India], September 2: Shares of Rhetan TMT Limited (BSE: 543590 | NSE: RHETAN), an Ahmedabad-based manufacturer of TMT steel bars, surged 10% to hit the upper circuit on Wednesday, after investor focus increased ahead of the company's upcoming Annual General Meeting (AGM), scheduled for September 16, 2026. Company's shares increased 10% on September 2 and hit upper circ…

Metal stock hits 10% upper circuit even as Nifty Metal falls nearly 1% amid surge in crude oil prices

The stock has returned 107.81 per cent over three years and 54.97 per cent over two years. On a year-to-date (YTD) basis, the stock has corrected by 14.65 per cent, compared with a fall of 10.34 per cent in the benchmark index.

Rhetan TMT plans bigger expansion with ₹300 crore borrowing limit - BusinessToday

New solar plant and premium steel grades add to company’s expansion plans.

Rhetan TMT stock surges 10% upper circuit;  AGM on Sep 16 to consider and approve company borrowing limit to Rs. 300 crore for Business expansion

The company has proposed enhancing its borrowing capacity from Rs. 200 crore to Rs. 300 crore for business expansion Ahmedabad (Gujarat) [India], September 2: Shares of Rhetan TMT Limited (BSE: 543590 | NSE: RHETAN), an Ahmedabad-based manufacturer of TMT steel bars, surged 10% to hit the upper circuit on Wednesday, after investor focus increased ahead […] The post Rhetan TMT stock surges 10% upper circuit;  AGM on Sep 16 to consider and approve…