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 in green. The Nifty50 index opened at 19,450, reflecting a 43-point increase from the previous day’s closing level of 19,407. During the intraday session, it reached a high of 19,464 and a low of 19,401, ultimately closing the day at 19,442, marking a 37-point increase from the previous day’s closing level.

Among the Nifty50 stocks, 29 closed in the green, while the remaining twenty-one closed in the red. Furthermore, 114 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 their price charts on a weekly time frame.

On the other hand, the BSE Sensex index also closed at 64,975, a 33-point increase compared to its previous day’s closing level. Let’s examine each of the three stocks one by one.

North Eastern Carrying Corporation Limited 

North Eastern Carrying Corporation Ltd offers freight transportation services to bulk and retail customers, primarily in the Full Truckload (FTL) segment, along with additional services like warehousing and packing.

Today, the stock began the day at Rs 25.10 per share, witnessed a substantial 19.88% rally during the day, and ultimately concluded at Rs 29.85 per share. The company’s stock reached its 52-week high today. The company’s current market capitalization stands at Rs 149 crore. Moreover, the stock has exhibited a remarkable performance over the past three years, delivering an impressive return of 327%.

Alpa Laboratories Limited:

Alpa Laboratories Ltd is involved in the manufacturing and sale of drugs and chemicals. The company was established in 1988. It produces an extensive range of Pharmaceutical Finished Dosage Forms under its brand, as well as for Indian and multinational companies. Its product portfolio encompasses a diverse selection of ethical, generic, and over-the-counter (OTC) drugs in various Finished Dosage Forms, catering to both human and veterinary usage.

Today, the stock commenced the day at Rs 81.5 per share, experienced a robust rally of 16.86% during the day, and eventually settled at Rs 87 per share. Notably, the company’s stock achieved its 52-week high price today. The company’s present market capitalization is Rs 183 crore. Furthermore, the stock has shown significant performance over the past year, delivering an impressive return of 150%.

Dhunseri Ventures Limited: 

Dhunseri Ventures Limited, headquartered in India, operates primarily in the field of treasury operations involving shares and securities.

Today, the stock commenced the day at Rs 281 per share, experienced a robust rally of 14.6% during the day, and eventually settled at Rs 319 per share. Noteworthy, the company’s stock achieved its 52-week high price today. The company’s present market capitalization is Rs 1,118 crore. Additionally, the stock has shown significant performance over the past year, delivering an impressive return of 43% with a 460% return 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.