These three NSE stocks surged over 10% and hit a 52-week high today; do you own any?

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 index opened at 19,486.75, reflecting a flat to negative start compared to Sunday’s mahurat trading closing level of 19,525.55. During the intraday session, it reached a high of 19,494.40 and a low of 19,414.75, ultimately closing the day at 19,443.55, marking an 82-point or 0.42% decline from the previous day’s closing level. 

Among the fifty stocks, 13 closed in the green, while the remaining 36 closed in the red and one closed unchanged. Furthermore, 137 stocks reached their 52-week high levels among all the listed stocks on the NSE. On the other hand, the BSE Sensex index also closed at 64,933.87, a 325-point decrease compared to its previous day’s closing level. Let’s examine each of the three stocks one by one.  

In this article, we will explore the top three stocks that reached their 52-week highs and surged over 10%, along with their price charts on a weekly time frame. 

Crest Ventures Limited 

Crest Ventures Limited, a non-deposit taking Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India, operates in the realms of real estate and associated services, financial services, as well as investment and credit activities. 

Today, the stock began the day at Rs 276 per share, witnessed a substantial 18.36% rally during the day, and ultimately concluded at Rs 325.30 per share. The company’s stock reached its 52-week high today. The company’s current market capitalisation stands at Rs 925 crore. Moreover, the stock has delivered an impressive return of 86% over the past year. 

Everest Kanto Cylinder Limited

Everest Kanto Cylinder Limited (EKC) specialises in the production of high-pressure seamless gas cylinders, in addition to manufacturing other cylinders and equipment designed for the containment and storage of natural gas, liquids, and air. 

Today, the stock commenced the day at Rs 123.50 per share, experienced a robust rally of 13.78% during the day, and eventually settled at Rs 123.40 per share. Notably, the company’s stock achieved its 52-week high price today. The company’s present market capitalisation is Rs 1,575 crore. Furthermore, the stock has generated a return of 40% during the past year.  

Thejo Engineering Limited

Thejo Engineering Limited is a provider of engineering solutions specializing in Bulk Material Handling, Mineral Processing, and Corrosion Protection. It was incorporated in 1986. The company serves core sector industries such as mining, power, steel, cement, ports, and fertilizers. 

Today, the stock opened at Rs 1,865 per share, underwent a strong rally with a 19% increase throughout the day and ultimately closed at Rs 2,065 per share. It is worth mentioning that the stock reached its 52-week high price on this day. The current market capitalization of the company stands at Rs 2,215 crore. It’s noteworthy that the company’s shares have recently debuted and have not yet completed a full year on the stock market. 

 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.