Paytm, KPIT Tech among 7 midcap stocks which hit 52-week highs on Thursday

In a day filled with extraordinary market activity, several midcap stocks achieved unprecedented milestones by reaching new 52-week highs on October 12. These notable performances underscore the growth potential and strength of these companies, offering investors a diverse range of opportunities in the midcap segment.

The data was sourced from StockEdge at 1:15 p.m., and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken. (Data Source: StockEdge)

1. NMDC

NMDC surged to an impressive 52-week high of Rs 159.50. The company is a leading player in the mining and mineral exploration industry.

2. Sun TV Network
Sun TV Network reached a new 52-week high of Rs 641.50. The company is a prominent name in the media and entertainment industry, with a strong presence in television broadcasting.

3. Lupin
Lupin achieved a historic high of Rs 1,193. The company is a major player in the pharmaceutical industry, known for its innovative healthcare solutions.

4. The Ramco Cements
The Ramco Cements touched an impressive 52-week high of Rs 1,002. The company is a significant contributor to the cement manufacturing sector, supporting infrastructure development.

5. REC
REC surged to a 52-week high of Rs 296.50. The company is a key player in the power and infrastructure financing sector, fostering the growth of the energy industry.

6. One97 Communications (Paytm)
One97 Communications (Paytm) reached a record high of Rs 983.55. The company is engaged in the digital payments and financial technology sector.

7. KPIT Technologies
KPIT Technologies achieved an impressive 52-week high of Rs 1,238.00. The company specializes in providing IT consulting and technology solutions.

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