These 3 Stocks Hit 52-Week Highs Today, Keep These Stocks on Your Radar for Monday, June 12, 2024

On Tuesday, the Indian benchmark indices concluded the trading day on a notably positive note, with the Sensex losing by 0.04% to close at 76,456, and the Nifty rising by 0.02% to finish at 23,264. The broader market also experienced gains, as the Nifty Mid-Cap closed higher by 0.85%, and the Nifty Small-Cap soared by 0.55%. Among the market performers, several stocks reached their 52-week highs, showcasing robust investor interest and market optimism.

HG Infra Engineering Ltd

HG Infra Engineering Ltd hit its 52-week high today at Rs 1848. The company saw a trading volume of 2,315,874 shares and is currently trading at Rs 1824. This is a significant increase from its previous close of Rs 1569.45, marking a 16.22% gain. The company’s market capitalization stands at Rs 11,845.50 crore, with a remarkable return of 126.56% from its 52-week low of Rs 805.1. Notably, H.G. Solar Projects Private Limited, a wholly-owned subsidiary of H.G. Infra Engineering Limited, has recently incorporated another wholly-owned subsidiary, H.G. Jaipur Solar Project Private Limited.

eMudhra Ltd

eMudhra Ltd reached its 52-week high today at Rs 898. The stock traded 1,439,330 shares and is currently priced at Rs 865. This represents a 9.11% increase from its previous close of Rs 792.75. With a market cap of Rs 7,163.21 crore, eMudhra has shown a strong return of 118.88% from its 52-week low of Rs 395.2.

Varroc Engineering Ltd

Varroc Engineering Ltd also achieved a 52-week high today at Rs 698.65. The stock saw a trading volume of 8,430,674 shares and is now trading at Rs 664.85. This marks a 7.09% rise from its previous close of Rs 620.85. Varroc Engineering’s market cap is Rs 10,096.07 crore, with an impressive return of 112.31% from its 52-week low of Rs 313.15. The stock’s climb to its highest point in the past year underscores the company’s strong market presence and positive investor sentiment.

These stocks’ performance underscores a buoyant market sentiment, reflecting investors’ confidence in the long-term growth potential of these companies.

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.