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These 6 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

05 December 20235 mins read by Angel One
Among all the stocks listed on the NSE, a total of 208 stocks hit their respective 52-week highs today.
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Today, the broader indices, namely NSE Nifty50 and BSE Sensex, ended the day at their respective all-time high levels. The Nifty50 index commenced trading at 20,808.90 and eventually concluded at 20,855.10, marking a substantial gain of 168.30 points or 0.81% compared to the previous day’s closing level of 20,686.80. Meanwhile, the BSE Sensex concluded at 69,296 showing a positive trend.

Among all the stocks listed on the NSE, 287 stocks reached their 52-week high levels. We will be exploring those stocks that not only achieved their 52-week highs but also experienced a surge and closed above 10%.

Essar Shipping Limited

Essar Shipping Limited was incorporated in 2010. The company is primarily engaged in fleet operation and chartering activities, operating both international and coastal voyages. Additionally, the company has invested in diverse business verticals, including fleet operation and chartering, oilfield services, and logistics services.

Today, the stock opened at Rs 21.65 per share, experienced a significant 19.95% rally throughout the day, and ultimately closed at Rs 24.95 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a remarkable 154% return in the past year.

Adani Power Limited 

Adani Power (APL), a part of the diversified Adani Group, stands as the largest private thermal power producer in India. The company, along with its subsidiaries, sells power generated from these projects through a combination of long-term Power Purchase Agreements, short-term PPAs, and on a merchant basis.

Today, the stock began trading at Rs 463 per share, witnessed a strong rally of 15.33% throughout the day, and eventually closed at Rs 535.95 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive 67% return in the past year.

Adani Ports Limited 

Adani Ports & Special Economic Zone is involved in the development, operations, and maintenance of port infrastructure, which encompasses port services and related infrastructure development. Additionally, the company has established a linked multi-product Special Economic Zone (SEZ) and associated infrastructure contiguous to the port located at Mundra.

Today, the stock opened at Rs 884 per share, experienced a robust 14.95% increase throughout the day, and eventually closed at Rs 1,010 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered a moderate return of 13.32% in the past year, especially when compared to other stocks.

Spencer’s Retail Limited 

Spencer’s Retail Limited originally incorporated as RP-SG Retail Limited, forms part of the RP-Sanjiv Goenka Group. It operates as a multi-format retailer, offering a wide array of quality products across diverse categories such as food, personal care, fashion, home essentials, electrical goods, and electronics.

Today, the stock began trading at Rs 78.25 per share, witnessed a strong rally of 11.54% throughout the day, and eventually closed at Rs 86.50 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a moderate return of 26% in the past year, especially when compared to other stocks.

Inox Green Energy Services Limited 

Incorporated in 2012, Inox Green Energy Services Limited stands as one of the primary wind power operation and maintenance service providers in India. This company operates as a subsidiary of Inox Wind Limited and is a part of the Inox GFL group of companies.

Today, the stock began trading at Rs 72.75 per share, witnessed a strong rally of 11.26% throughout the day, and eventually closed at Rs 80.50 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 36% in the past year.

Entertainment Network (India) Limited 

Entertainment Network (India) Limited operates FM radio broadcasting stations under the brand names Mirchi, Mirchi Love, and Kool FM. The company engages in selling airtime on its FM radio broadcasting stations, as well as in activations, concerts, and the monetization of its digital and other media properties for advertising purposes.

Today, the stock began trading at Rs 186.95 per share, witnessed a strong rally of 10.52% throughout the day, and eventually closed at Rs 203.85 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 30% in the past year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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