Wockhardt among 8 stocks hit 52-week highs, rally up to 55% in a month
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Fresh Highs
On Monday, the benchmark Sensex fell 508 points to close at 74,267. Despite the broader market downturn, eight stocks from the BSE 500 index bucked the trend and surged to their 52-week highs, marking their strongest levels in the past year. Reaching a 52-week high is generally considered a bullish signal, indicating strong investor confidence and suggesting the potential for further upside.
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Wockhardt
New 52-week high: Rs 2420| CMP: Rs 2151.85. In the last one month stock has gained about 54%.
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RR Kabel
New 52-week high: Rs 2129.5| CMP: Rs 2011.05. In the last one month stock has gained about 29%.
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laurus labs
New 52-week high: Rs 1398.55| CMP: Rs 1386.5. In the last one month stock has gained about 26%.
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NMDC Steel
New 52-week high: Rs 52.6| CMP: Rs 50.63. In the last one month stock has gained about 18%.
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AIA Engineering
New 52-week high: Rs 4651.25| CMP: Rs 4520. In the last one month stock has gained about 15%.
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Netweb Technologies
New 52-week high: Rs 4929.4| CMP: Rs 4617.9. In the last one month stock has gained about 15%.
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Motilal Oswal on Kirloskar Oil Engines
New 52-week high: Rs 1989.5| CMP: Rs 1915.7. In the last one month stock has gained about 13%.
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Hitachi Energy India
New 52-week high: Rs 38800| CMP: Rs 36390.35. In the last one month stock has gained about 11%.