Adani Green Energy and 4 other stocks hit a 52-week high, rally up to 48% in a month
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New Peaks
Benchmark Sensex fell 114 points to settle at 77,844. Despite the broader weakness, five stocks from the BSE 100 LargeMidcap TMC index touched their 52-week highs, reaching their strongest levels over the past year. These milestones are typically considered bullish indicators, reflecting strong momentum and the possibility of further upside.
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Adani Green Energy
New 52-week high: Rs 1378| CMP: Rs 1364.9. In the last month, the stock gained about 48%.
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Polycab India
New 52-week high: Rs 9040 | CMP: Rs 9,003.05. In the last month, the stock gained about 25%.
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Nestle India
New 52-week high: Rs 1,492.45| CMP: Rs 1,476.05. In the last month, the stock gained about 21%.
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Bajaj Auto
New 52-week high: Rs 10,738.4| CMP: Rs 10,606.75. In the last month, the stock gained about 19%.
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Tata Steel
New 52-week high: Rs 219.25 | CMP: Rs 217.05. In the last month, the stock gained about 10%.