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

Today, the broader indices, NSE Nifty50 and BSE Sensex, both ended the day in positive territory. The Nifty50 index commenced the day at 19,120, marking a 0.7% increase compared to the previous day’s closing level of 18,989. During the intraday session, it reached a high of 19,175 and a low of 19,064, ultimately concluding the day at 19,133, which represents a gain of 144 points from the previous day’s closing level.

Among the fifty stocks on the Nifty50, forty-two closed the session with gains, while the remaining eight closed in the red. Notably, sixty-eight stocks on the NSE hit their 52-week high levels.

In this article, we will focus on the stocks that reached their 52-week highs and saw an increase of over 10% in their prices, along with their weekly price charts.

On the other hand, the BSE Sensex index also closed the day at 64,080, marking a 0.77% increase compared to the previous day’s closing level. In the following sections, we will examine each of the three stocks in detail.

KDDL Limited:

KDDL Limited is a manufacturer of watch components such as dials, hands, and precision engineering products, marketed under the brand Eigen. It was incorporated in 1981.

Today, the stock opened the day at Rs 2270 per share, rallied by 11.70% during the day, and finally closed at Rs 2582 per share. The stock reached its 52-week high price of Rs 2600 today on the NSE. The company’s current market capitalization stands at Rs 3,237 crore. Furthermore, the stock has demonstrated significant performance over the last year, generating an impressive return of 150% and an extraordinary 1500% in the last three years.

Cupid Limited:

Cupid Ltd, formerly known as Cupid Rubber Limited and Cupid Condom Limited was incorporated in 1993. The company is primarily engaged in the production, marketing, and distribution of rubber contraceptives and related prophylactic products.

Today, the stock opened the day at Rs 629.80 per share, rallied by 11% during the day, and finally closed at Rs 692 per share. The stock reached its 52-week high price of Rs 706 today on the NSE. The company’s current market capitalization stands at Rs 923 crore. Furthermore, the stock has demonstrated significant performance over the last year, generating an impressive return of 193% and 231% in the last three years.

Lincoln Pharmaceuticals Limited:

Lincoln Pharmaceuticals Limited is involved in the manufacturing and trading of pharmaceutical products, including medicines, injections, and other related healthcare products.

Today, the stock opened the day at Rs 499 per share, rallied by 10.2% during the day, and finally closed at Rs 545 per share on the NSE. The company’s current market capitalisation stands at Rs 1,091 crore. Furthermore, the stock has demonstrated significant performance over the last year, generating an impressive return of 80% and 136% in the last three years.

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.