Kirloskar Oil Engines among 5 capital goods stocks hit 52-week highs, rally up to 45% in a month
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Fresh Peaks
Benchmark Sensex rose 291 points to close at 77,094 on Monday. Amid the broader market rally, five stocks from the BSE Capital Goods index hit their 52-week highs, reaching their strongest levels in the past year. A 52-week high is generally considered a bullish technical indicator, reflecting strong investor confidence and signalling the potential for further gains.
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Kirloskar Oil Engines
New 52-week high: Rs 2,390.8| CMP: Rs 2,390.8. In the last one month, the stock has gained about 44%.
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AIA Engineering
New 52-week high: Rs 4,866.45 | CMP: Rs 4,855.75. In the last one month, the stock has gained about 21%.
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CG Power and Industrial Solutions
New 52-week high: Rs 973.65 | CMP: Rs 963.05. In the last one month stock has gained about 18%.
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Polycab India
New 52-week high: Rs 10,128.6 | CMP: Rs 10,031. In the last one month stock has gained about 9%.
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Timken India
New 52-week high: Rs 3,924.3 | CMP: Rs 3,770. In the last one month stock has gained about 7%.