Dredging Corporation, 3 other smallcap stocks hit 52-week highs; gains of up to 50% in a month
By Ritesh Presswala, ETMarkets.com |
1/5
New Highs
Benchmark Sensex dropped 610 points to close at 85,103 on Tuesday. Despite the overall market decline, four BSE 500 stocks climbed to new 52-week highs, marking their strongest levels in a year. Such breakouts typically signal bullish momentum and the potential for further short-term gains.
2/5
Cupid
New 52-week high: Rs 392 | CMP: Rs 391.55. In the last month stock has gained about 50%.
3/5
Dredging Corporation Of India
New 52-week high: Rs 1,054.55 | CMP: Rs 1,042.15. In the last month stock has gained about 22%.
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4/5
Shriram Pistons & Rings
New 52-week high: Rs 3,200 | CMP: Rs 3,137.85. In the last one month stock has gained about 21%.
5/5
Knowledge Marine & Engineering Works
New 52-week high: Rs 3,335 | CMP: Rs 3,226.7. In the last one month stock has gained about 20%.