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These 6 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

11 December 20235 mins read by Angel One
Among all the stocks listed on the NSE, a total of 189 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 in the green. The Nifty50 index commenced trading at 20,965.30 and eventually concluded at 20,997.10, marking a moderate increase of 27.70 points or 0.13% compared to the previous day’s closing level of 20969.40. Meanwhile, the BSE Sensex concluded at 69,928.53, reflecting an increase of 103 points.

Among all the stocks listed on the NSE, 189 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 15%.

Arvee Laboratories Limited 

Arvee Laboratories (India) Limited is an India-based company engaged in the manufacturing of specialized chemicals. The company’s product categories include polymer modifiers, contrast media intermediates, and drug intermediates.

Today, the stock opened at Rs 190.20 per share, experienced a significant 20% rally throughout the day, and ultimately closed at Rs 190.20 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 50% during the past six months.

Cheviot Company Limited

Cheviot Company Limited is the flagship company of Group Cheviot. The company is engaged in the manufacturing and sale of jute goods such as sacking, hessian, and yarn. It was incorporated in 1897.

Today, the stock began trading at Rs 1309.95 per share, witnessed a strong rally of 20% throughout the day, and eventually closed at Rs 1522.10 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive 33% return in the past six months.

Global Helicorp Limited

Global Vectra Helicorp Limited provides charter hire of helicopter services. The company is a part of the Vectra group and is engaged in providing helicopter charter services for offshore and onshore transportation, servicing the oil and gas exploration and production sector in India.

Today, the stock opened at Rs 98.95 per share, experienced a robust 19.98% increase throughout the day, and eventually closed at Rs 115.30 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 120% in the past year.

IREDA Limited

Indian Renewable Energy Development Agency (IREDA) is a Mini Ratna government enterprise in the business of promoting, developing, and extending financial assistance for new and renewable energy projects, as well as energy efficiency and conservation projects.

Today, the stock began trading at Rs 74 per share, witnessed a strong rally of 85% throughout the day, and eventually closed at Rs 85 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 165% over its final IPO issue price of Rs 32 per share.

Modison Limited

Modison Limited manufactures electrical contacts in the LV, MV, and HV segments. The company was incorporated in 1975.

Today, the stock began trading at Rs 121.35 per share, witnessed a strong rally of 16.14% throughout the day, and eventually closed at Rs 137.45 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a remarkable return of 100% in the past year.

Sadur Manganese and Iron Ores Limited

Sandur Manganese and Iron Ores (SMIORE) is involved in the mining of low-phosphorous manganese and iron ore in Karnataka. It is the flagship company of the Sandur group, which was promoted by the former ruler of the princely state of Sandur. The company is the fifth-largest iron ore miner in Karnataka and the largest private miner of manganese ore in India.

Today, the stock began trading at Rs 1946 per share, witnessed a strong rally of 15.83% throughout the day, and eventually closed at Rs 2225.05 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 200% 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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