- By Aditya Pratap Singh
- Mon, 20 Apr 2026 11:02 AM (IST)
- Source:JND
Stock Under Rs 50: The shares of small-cap metal company 'Rathi Steel And Power' rose nearly 5 per cent in the early trade on Monday amid a highly volatile market on an important announcement from the company. The shares started the session with a huge gap-up at Rs 22.74 against last day's closing of Rs 21.52 on the Bombay Stock Exchange (BSE). At the time of writing, the stock was trading at Rs 22.49, up Rs 0.97 or 4.51 per cent. Meanwhile, its 52-week high and low values stood at Rs 33.55 and Rs 13.50, respectively.
In the last trading session, the stock settled 2.09 per cent lower at Rs 21.52 per share.
Reason Behind the Rally In The Stock
Today's rally in the small-cap stock was driven by the announcement that the company received GreenPro ecolabel certification by the Confederation of Indian Industry (CII).
According to a press release issued in the stock market last week, the company announced that its 'Rathi Powertech' brand TMT rebar manufactured at its Ghaziabad plant has received GreenPro certification.
The GreenPro certification, which is a Type 1 ecolabel, is exclusively applicable to the Fe 550 grade TMT rebar produced at RSPL's state-of-the-art Ghaziabad plant, the filing said.
Also Read: Stock Market Trades Flat On Cautious Sentiment, Rupee Opens Stronger
Share Price History
According to BSE Analytic, the stock has given a multi-bagger return in the long term. The shares soared over 950 per cent in the last 5 years. However, the stock corrected by over 25 per cent in a year. In a short tenure, the small-cap stock soared over 35 per cent in a month, and in the last 2 weeks it escalated over 12 per cent. In a week, the stock jumped over 5 per cent.
Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.