Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 21,238.80, marking a decline of 333 points or 1.54% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 70,370.55, reflecting a decline of 1,053 points.
Among all the stocks listed on the NSE, 216 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%.
Swelect Energy Systems Ltd, incorporated in 1994, is engaged in the business of manufacturing and trading solar power projects, off-grid solar photovoltaic modules based on crystalline silicon technology (c-Si), solar and wind power generation, contract manufacturing services, installation and maintenance services, and the sale of solar photovoltaic inverters and energy-efficient lighting systems.
Today, the stock began trading at Rs 646 per share, witnessed a strong rally of 20% throughout the day, and eventually closed at Rs 733.30 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 64% during the past six months.
Visaka Industries is engaged in the business of manufacturing cement fibre sheets, fibre cement boards & panels, solar panels, and synthetic yarn.
Today, the stock began trading at Rs 111 per share, witnessed a strong rally of 16.76% throughout the day, and eventually closed at Rs 118.75 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 41% during the past six months.
Established in 2006 as a tower manufacturer, Salasar Engineering Limited has emerged as a fast-growing steel structure manufacturer and EPC infrastructure company, providing services across the telecom, energy, and railways sectors.
Today, the stock began trading at Rs 107 per share, witnessed a strong rally of 16.05% throughout the day, and eventually closed at Rs 109.90 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 102% in the past six months.
HLV Ltd is primarily engaged in the business of owning, operating, and managing hotels, palaces, and resorts.
Today, the stock began trading at Rs 31.60 per share, witnessed a strong rally of 15.25% throughout the day, and eventually closed at Rs 34 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 140% in the past six months.
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.
Published on: Jan 23, 2024, 5:20 PM IST
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