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 the red. The Nifty50 index opened at 19,457, reflecting a flat opening compared to the previous day’s closing level of 19,443. During the intraday session, it reached a high of 19,464 and a low of 19,378, ultimately closing the day at 19,395, marking a 48-point or 0.25% decline from the previous day’s closing level.

Among the fifty stocks, twenty-two closed in the green, while the remaining twenty-eight closed in the red. Furthermore, one hundred six 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 34,832, a 143-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 15%, along with their price charts on a weekly time frame.

India Power Corporation Limited 

India Power Corporation Limited (DPSC) was incorporated in the year 1919, and it operates in the fields of Power Distribution, Renewable Power Generation, and Smart Grid solutions.

Today, the stock began the day at Rs 17.10 per share, witnessed a substantial 19.88% rally during the day, and ultimately concluded at Rs 20.50 per share. The company’s stock reached its 52-week high today. The company’s current market capitalisation stands at Rs 1,996 crore. Moreover, the stock has delivered an impressive performance of 47% over the past year.

AMJ Land Holdings Limited:

Incorporated in 1964, AMJ Land Holdings Limited is involved in real estate development, the leasing of real estate properties, wind power initiatives, and various investment activities.

Today, the stock commenced the day at Rs 33 per share, experienced a robust rally of 18% during the day, and eventually settled at Rs 38.55 per share. Notably, the company’s stock achieved its 52-week high price today. The company’s present market capitalisation is Rs 158 crore. Furthermore, the stock has generated a return of 31% during the past year.

GeeCee Ventures Limited: 

Geecee Ventures Limited is actively involved in real estate development, power generation, and various financial and investment activities.

Today, the stock commenced the day at Rs 197.90 per share, experienced a robust rally of 19% during the day, and eventually settled at Rs 223 per share. Noteworthy, the company’s stock achieved its 52-week high price today. The company’s present market capitalisation is Rs 466 crore. Additionally, the stock has shown significant performance over the past year, delivering an impressive return of 40% with a 197% 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.