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These three NSE stocks hit 52-week highs today, do you own any?

07 November 20233 mins read by Angel One
After three consecutive days of decline, the Nifty50 closed in positive territory today.
These three NSE stocks hit 52-week highs today, do you own any?
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Today, the broader indices, NSE Nifty50, and BSE Sensex, ended the day in the green. The Nifty50 index opened the day at 18,929, which was 72 points higher than the previous day’s closing level of 18,857. During the intraday session, it reached an intraday high of 19,076 and a low of 18,927, ultimately concluding the day at 19,047. This represented an increase of 190 points from the previous day’s closing level. On the other hand, the BSE Sensex index also closed the day at 63,783, marking a 635-point increase, or a 1.01% rise from its previous day’s closing level.

Among the fifty stocks, forty-four closed the session in the green, while the remaining six closed in the red. Moreover, forty-seven stocks reached their 52-week high levels among all the listed stocks on the NSE.

In this article, we will delve into the three top-performing stocks that reached their 52-week highs and surged over 10% during the today’s session.

Talbros Automotive Components Limited 

Talbros Automotive Components a prominent auto ancillary company, engaged in the manufacturing of gaskets and forgings as its core business activities.

In today’s trading session, the stock opened at Rs 213 per share, experienced a remarkable rally of 20% throughout the day, and ultimately closed at Rs 251.45 per share. Notably, the stock not only reached a 52-week high but also triggered the upper circuit price limit of 20%. As a result, the company’s current market capitalisation now stands at Rs 1552 crore. Furthermore, the stock has exhibited outstanding performance over the last six months, generating an impressive return of 163%.

Hind Rectifiers Limited

Hind Rectifiers Limited is primarily focused on the development, design, manufacturing, and marketing of power semiconductors, power electronic equipment, and railway transportation equipment.

In today’s trading session, the stock opened at Rs 410 per share, underwent a remarkable surge of 15.96% throughout the day, and ultimately closed at Rs 480 per share. Remarkably, the stock achieved a 52-week high during the intraday trading session. Consequently, the company’s current market capitalisation now amounts to Rs 821 crore. Furthermore, the stock has exhibited outstanding performance over the last six months, generating an impressive return of 120%.

Cupid Limited 

Cupid Ltd, formerly known as Cupid Rubber Limited and Cupid Condom Limited was established in 1993. The company is primarily engaged in the business of manufacturing, marketing, and distributing rubber contraceptives and related prophylactic products.

In today’s trading activity, the stock commenced the day at Rs 526 per share, witnessed a noteworthy increase of 14.6% during the day, and ultimately concluded at Rs 599 per share. During the intraday session, the stock reached its 52-week high price. Consequently, the company’s present market capitalisation stands at Rs 799 crore. Moreover, the stock has demonstrated remarkable performance over the past year, yielding an impressive return of 162%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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