These 3 Stocks Hit 52-Week Highs Today, Keep These Stocks on Your Radar for Thursday, July 18, 2024

On Monday, the Indian benchmark indices concluded the trading day on a notably positive note, with the Sensex gaining by 0.06% to close at 80,716, and the Nifty rising by 0.11% to finish at 24,613. The broader market also experienced some gains, as the Nifty Mid-Cap closed flattish by 0.00%, and the Nifty Small-Cap soared by 0.08%. Among the market performers, several stocks reached their 52-week highs, showcasing robust investor interest and market optimism.

RPG Life Sciences Ltd

RPG Life Sciences Limited achieved an intraday high of Rs 1850, with a traded volume of 210,989 shares. Currently trading at Rs 1838.95, it has seen a significant increase from the previous close of Rs 1640.5, marking a 12.10% rise. The stock is at its 52-week high of Rs 1850 and has a market cap of Rs 3041.44 crore. Over the past year, the stock has delivered an impressive return of 85.88%.

RPG Life Sciences Ltd is engaged in the manufacturing and marketing of Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs) in the domestic and international market.

Chennai Petroleum Corporation Ltd

Chennai Petroleum Corporation Ltd reached an intraday high of Rs 1275, with a massive traded volume of 20,604,223 shares. It is currently trading at Rs 1215, up from the previous close of Rs 1084.7, showing a 12.01% increase. The stock has hit its 52-week high of Rs 1275 and has a market cap of Rs 18,062.71 crore. Over the past year, the stock has provided an outstanding return of 177.40%.

Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives.

Sportking India Ltd

Sportking India Ltd attained an intraday high of Rs 1140.35, with a traded volume of 765,391 shares. The stock is currently trading at Rs 1057.05, rising from the previous close of Rs 950.3, reflecting an 11.23% gain. It is at its 52-week high of Rs 1140.35 and has a market cap of Rs 1351.44 crore. Over the past year, the stock has generated a return of 21.92%.

Sportking India Limited, a part of the Sportking Group, is a textile manufacturing company engaged in the production of Yarns (Cotton Yarn, Synthetic Yarn, Blended Yarn), fabrics and garments.

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.