Laurus Labs among 5 stocks hitting 52-week highs; surge up to 20% in a month
By Ritesh Presswala, ETMarkets.com |
1/7
Fresh Highs
On Friday, the benchmark Sensex gained 331 points to close at 77,265. Despite the mixed market backdrop, the broader market continued to display strength, with five stocks from the BSE 200 Index hitting fresh 52-week highs, marking their highest levels in the past year. A 52-week high is generally considered a positive technical indicator, reflecting strong buying interest and improving investor sentiment. Sustained movement near or above these levels can also signal continued momentum and the potential for further upside.
2/7
Coforge
New 52-week high: Rs 2016| CMP: Rs 2012. In the last one month stock has gained about 20%.
3/7
Glaxosmithkline Pharmaceuticals
New 52-week high: Rs 3121.1| CMP: Rs 3105. In the last one month stock has gained about 18%.
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4/7
Glenmark Pharmaceuticals
New 52-week high: Rs 2536.85| CMP: Rs 2517.4. In the last one month stock has gained about 15%.
5/7
Laurus Labs
New 52-week high: Rs 1939| CMP: Rs 1935.3. In the last one month stock has gained about 10%.
6/7
Oracle Financial Services Software
New 52-week high: Rs 12270.9| CMP: Rs 12180. In the last one month stock has gained about 10%.
7/7
Piramal Finance
New 52-week high: Rs 2299.9| CMP: Rs 2276. In the last one month stock has gained about 11%.