Federal Bank among 6 stocks that hit 52-week highs, rally up to 15% in a month
By Ritesh Presswala, ETMarkets.com |
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New High Achievers
On Wednesday, the benchmark Sensex surged 790 points to settle at 76,991. Riding the broader market rally, six stocks from the BSE200 index climbed to their respective 52-week highs, reaching their strongest levels in the past year. Hitting a 52-week high is widely viewed as a bullish technical signal, indicating robust investor confidence and the potential for further upside.
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The Federal Bank
New 52-week high: Rs 327| CMP: Rs 325.35. In the last one month, the stock has gained about 13%.
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Bharat Forge
New 52-week high: Rs 2167.5| CMP: Rs 2121. In the last one month, the stock has gained about 12%.
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4/7
FSN E-commerce Ventures
New 52-week high: Rs 309.7| CMP: Rs 307.35. In the last one month, the stock has gained about 11%.
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Aditya Birla Capital
New 52-week high: Rs 396.75| CMP: Rs 394.7. In the last one month, the stock has gained about 11%.
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Zydus Lifesciences
New 52-week high: Rs 1126.25| CMP: Rs 1096. In the last one month, the stock has gained about 5%.
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Aurobindo Pharma
New 52-week high: Rs 1550.7| CMP: Rs 1529.7. In the last one month, the stock has gained about 4%.