New Delhi, April 2 -- Shares of RHI Magnesita India, which manufactures and markets special refractory products, systems, and services to the steel industry, have been making significant strides on Dalal Street even as the frontline indices have been gyrating between gains and losses amid escalating global trade tensions.

The multibagger stock, amid high volumes, has gained 36% in just the last two weeks, rising from Rs.392 apiece to Rs.533. This was the longest weekly run for this small-cap stock in recent history, helping it erase its six-month sustained drop, which occurred from September to mid-March, during which it lost 36.20% of its value.

Apart from the surge in volumes, the stock has benefited from a broader shift in sentiment ...