Rhetan TMT Hits Upper Circuit Amid Market Crash

Rhetan TMT is a small company whose shares rose sharply even while the wider stock market fell.

Its shares reached the daily limit called the upper circuit.

Many shares were traded during the session.

The company recently started using electricity from a new solar power project.

The project is located at its manufacturing facility in Kadi, Gujarat.

Rhetan TMT also reported much higher profit in the latest quarter.

However, its revenue was lower than in the same quarter a year earlier.

Its share price has still fallen over the past week, month, and year so far.