Six BSE 200 stocks hit 52-week highs during market rally
The benchmark Sensex rose 1,225 points on Friday as several companies reached their highest trading prices of the last year.
Six stocks from the BSE 200 index reached new 52-week highs on Friday, according to the Economic Times. This occurred as the benchmark Sensex climbed 1,225 points to settle at 76,917.
A 52-week high marks the peak trading price a stock has achieved over a 12-month period. One stock reached a new high of Rs 50,470.05 and currently trades at Rs 49,700, having gained about 9 per cent in the last month.
Another stock hit a high of Rs 2,125.90 with a current market price of Rs 2,062, gaining 13 per cent over the last month. A third stock reached Rs 10,035 and is trading at Rs 10,030, up 8 per cent in the last month.
One stock recorded a new high of Rs 350 but saw a decline of about 9 per cent in the last month. Another stock hit a high of Rs 834 and is trading at Rs 834, representing a 16 per cent gain in the last month.
A final stock reached a 52-week high of Rs 1,264.20 and is trading at Rs 1,239, gaining about 8 per cent over the last month.