NMDC, Fineotex Chemical among 6 commodities stocks that hit a 52-week highs & rallied up to 89% in a month
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Fresh Highs
On Wednesday, the benchmark Sensex fell 303 points to close at 74,346. Despite the broader market weakness, six stocks from the BSE Commodities index bucked the trend and climbed to their 52-week highs, marking their strongest levels in a year. Hitting a 52-week high is generally viewed as a bullish signal, reflecting strong investor confidence and the potential for further gains.
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Fineotex Chemical
New 52-week high: Rs 44.45| CMP: Rs 43.52. In the last one month stock has gained about 89%.
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Nitta Gelatin India
New 52-week high: Rs 1860.95| CMP: Rs 1809. In the last one month stock has gained about 83%.
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Balaji Amines
New 52-week high: Rs 2190.25| CMP: Rs 2122. In the last one month stock has gained about 59%.
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Rain Industries
New 52-week high: Rs 207.1| CMP: Rs 200. In the last one month stock has gained about 59%.
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GOCL Corporation
New 52-week high: Rs 430| CMP: Rs 430. In the last one month stock has gained about 32%.
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NMDC
New 52-week high: Rs 97.49| CMP: Rs 96.05. In the last one month stock has gained about 6%.