Market Rally: These 4 stocks record new 52-week highs, surge up to 22% in a month
On Wednesday, benchmark index Sensex saw a rise of about 242 points, scaling 61,275. In tune with this rally, four stocks from the BSE 500 index achieved new 52-week highs.
The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement
Agencies
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APL Apollo Tubes | New 52-week high: Rs 1,237.3 | CMP: Rs 1,232.9
In the last one month, the stock has gained about 9%
ETMarkets.com
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Cummins India | New 52-week high: Rs 1,633.6 | CMP: Rs 1,628.6
In the last one month, the stock has gained about 11%
Agencies
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Finolex Cables | New 52-week high: Rs 697.4 | CMP: Rs 671.95
In the last one month, the stock has gained about 22%
ETMarkets.com
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Siemens | New 52-week high: Rs 3,248 | CMP: Rs 3,229
In the last one month, the stock has gained about 9%.
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Reuters