Today the NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 22,217.45, registering a significant rise of 162.40 points or a 0.74% increase compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,158, reflecting a rise of around 535 points.
Among all the stocks listed on the NSE, 94 stocks reached their 52-week high levels. We will be exploring those stocks that registered a significant surge in their prices.
Chemfab Alkalis Limited is in the business of manufacturing basic inorganic chemicals and PVC pipes.
Today, the stock began trading at Rs 422 per share, witnessed a strong rally of 19.99% throughout the day, and eventually closed at Rs 505.95 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.
Megasoft Limited is engaged in the business of providing technology platforms & solutions to the global telecoms industry, especially mobile telecom service providers.
Today, the stock began trading at Rs 85.95 per share, witnessed a strong rally of 19.99% throughout the day, and eventually closed at Rs 99.05 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 91% during the past six months.
Incorporated in 1936, Khaitan (India) Ltd manufactures sugar and trades in electrical goods. The company cultivates sugarcane in its captive farms, utilizing it for sugar manufacturing in its factory. Additionally, it deals in electrical goods and owns the Khaitan brand, earning royalties from its users.
Today, the stock began trading at Rs 65.95 per share, witnessed a strong rally of 19.94% throughout the day, and eventually closed at Rs 79.40 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 42% in the past six months.
Incorporated in 1987, Alphageo Ltd provides services in Geophysical Seismic Data Acquisition, Processing, and Interpretation for the exploration of hydrocarbons and minerals.
Today, the stock began trading at Rs 375 per share, witnessed a strong rally of 12.80% throughout the day, and eventually closed at Rs 430.50 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 49% in the past six months.
Quick Heal Technologies is engaged in the business of providing security software products, catering to both domestic and international markets.
Today, the stock began trading at Rs 478.15 per share, witnessed a strong rally of 12.82% throughout the day, and eventually closed at Rs 545 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 201% in the past six months.
Incorporated in 2000, BF Utilities Ltd is engaged in the generation of electricity through windmills and involved in infrastructure activities.
Today, the stock began trading at Rs 777.95 per share, witnessed a strong rally of 12.47% throughout the day, and eventually closed at Rs 861.95 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a moderate return of 36% in the past six months.
Investors must keep these stocks on their radar.
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: Feb 22, 2024, 6:01 PM IST
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