These 4 commodities stocks touch their new 52-week highs; do you own any?
1/5
Shining through gloom
On Tuesday, benchmark index Sensex experienced a decline of 413 points, bringing it to the level of 61,932. Even though the market faced a downturn, four stocks from the BSE commodities index managed to record new highs for the 52-week period. This particular milestone holds significant importance for certain traders and investors, as it enables them to evaluate the present worth of a stock and anticipate its future price fluctuations. Essentially, the 52-week high signifies the highest price at which a stock has traded during the past year
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Ddev Plastiks Industries | New 52-week of high: Rs 137 | CMP: Rs 130.15
In the last one month, the stock has gained about 45%
3/5
Foseco India | New 52-week of high: Rs 2,680 | CMP: Rs 2642.4
In the last one month, the stock has gained about 8%
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4/5
Orient Paper & Industries | New 52-week high: Rs 46.85 | CMP: Rs 45.95
In the last one month, the stock has gained about 13%
5/5
Tanfac Industries | New 52-week high: Rs 1,863.35 | CMP: Rs 1,863.35
In the last one month, the stock has gained about 37%