TVS Motor Company among 7 stocks hitting 52-week highs; surge up to 20% in a month
By Ritesh Presswala, ETMarkets.com |
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New Highs
Benchmark Sensex declined by 210 points to settle at 78,428 on Monday. However, despite the broader market weakness, eight stocks from the BSE 100 Index surged to new 52-week highs, reaching their strongest levels in the past year. A 52-week high is a positive technical indicator, signalling strong investor demand, improving market confidence, and continued upward momentum in a stock’s price.
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TVS Motor
New 52-week high: Rs 4,398 | CMP: Rs 4,360. In the last one month, the stock has gained about 20%.
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Bajaj Auto
New 52-week high: Rs 11,795.85 | CMP: Rs 11,550.9. In the last one month, the stock has gained about 18%.
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The Federal Bank
New 52-week high: Rs 364.95| CMP: Rs 362.45. In the last one month stock has gained about 11%.
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Titan
New 52-week high: Rs 4,944.05 | CMP: Rs 4,925. In the last one month, the stock has gained about 10%.
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United Spirits
New 52-week high: Rs 1.547.95 | CMP: Rs 1,533.7. In the last one month, the stock has gained about 10%.
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Samvardhana Motherson
New 52-week high: Rs 155.9 | CMP: Rs 149.8. In the last one month, the stock has gained about 2%.
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Nestle India
New 52-week high: Rs 1,535.85 | CMP: Rs 1,492. In the last one month, the stock has gained about 2%.