These three NSE stocks surged over 15% and hit a 52-week high today; do you own any?

Today, the broader indices, NSE Nifty50, and BSE Sensex, ended the day almost flat. The Nifty50 index opened the day at 19,404, representing an 8-point decrease compared to the previous day’s closing level of 19,412. During the intraday session, it reached an intraday high of 19,423 and a low of 19,329, ultimately concluding the day at 19,407, marking a mere 5-point decline from the previous day’s closing level.

Among the 50 stocks, 30 closed the session in the green, while the remaining twenty closed in the red. Furthermore, 115 stocks reached their 52-week high levels among all the listed stocks on the NSE. In this article, we will explore the stocks that reached their 52-week highs and surged over 15%, along with the stock’s price chart on a weekly time frame.

Let’s examine each of the three stocks one by one.

Neuland Laboratories Limited 

Neuland Laboratories is involved in the production and distribution of pharmaceutical raw materials, serving customers in both local and global markets.

Today, the stock began the day at Rs 4075 per share, witnessed a substantial 17.37% rally during the day, and ultimately concluded at Rs 4740 per share. The company’s stock reached its 52-week high today. The company’s current market capitalisation stands at Rs 6081 crore. Moreover, the stock has exhibited a remarkable performance over the past year, delivering an impressive return of 208%.

Creative Newtech Limited

Creative Newtech Limited, formerly known as Creative Peripherals and Distribution Limited, serves as a distribution and marketing collaborator for leading international brands in the IT, Imaging, and Lifestyle sectors. It fulfils its distribution needs through a comprehensive omni-channel presence.

Today, the stock commenced the day at Rs 595 per share, experienced a robust rally of 17% during the day, and eventually settled at Rs 690 per share. Notably, the company’s stock achieved its 52-week high price today. The company’s present market capitalisation is Rs 969 crore. Furthermore, the stock has shown significant

Texmaco Infrastructure and Holding Limited

Texmaco Infrastructure & Holdings Limited, an India-based enterprise, is involved in a diverse range of activities, including real estate, mini-hydropower generation, trading in commodities, and offering job work services.

Today, the stock commenced the day at Rs 93.10 per share, experienced a robust rally of 16.10% during the day, and eventually settled at Rs 106.75 per share. Noteworthy, the company’s stock achieved its 52-week high price today. The company’s present market capitalisation is Rs 1,360 crore. Additionally, the stock has shown significant performance over the past year, delivering an impressive return of 80%.

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.