These 3 Stocks Hit 52-Week Highs Today, Keep These Stocks on Your Radar for Friday, July 26, 2024

On Thursday, the Indian benchmark indices concluded the trading day on a notably negative note, with the Sensex losing by 0.14% to close at 80,040, and the Nifty slipped by 0.03% to finish at 24,406. The broader market also experienced gains, as the Nifty Mid-Cap closed lower by 0.23%, and the Nifty Small-Cap slipped by 0.27%. Among the market performers, several stocks reached their 52-week highs, showcasing robust investor interest and market optimism.

Faze Three Ltd

Faze Three Ltd achieved an intraday high of Rs 573.05, matching its 52-week high. It traded 6,29,127 shares today and is currently priced at Rs 559.5, a significant 17.16% rise from the previous close of Rs 477.55. This stock has shown strong performance over the past year, delivering a return of 49.16%, indicating a positive trend and investor confidence.

Faze Three Limited, established in 1985, is primarily engaged in manufacturing and exports of end home textile products items like bathmats, rugs, blankets, throws, cushions, etc. The company has diversified its product mix across categories in the Home Textile segment and is also a direct exporter to top retail store chains in USA, UK and Europe.

Worth Peripherals Ltd

Worth Peripherals Ltd reached an intraday high of Rs 145, which is its 52-week high as well. With a traded volume of 11,83,213 shares, the stock is now trading at Rs 141.9, up 16.58% from the previous close of Rs 121.72. The company’s stock has appreciated by 42.86% over the past year, reflecting solid growth and potential for future gains.

Incorporated in 1996, Worth Peripherals Ltd does manufacturing and sale of Corrugated Boxes

Hester Biosciences Ltd

Hester Biosciences Ltd hit an intraday and 52-week high of Rs 3220. It traded 1,13,883 shares today and is currently trading at Rs 3140, a 15.67% increase from the previous close of Rs 2714.7. The stock has delivered impressive returns of 82.56% over the past year, showcasing its potential as a multibagger and strong market performance.

Hester Biosciences Ltd is one of the leading animal health care companies & the second largest poultry vaccine manufacturer in India. Founded by Mr. Rajiv Gandhi in 1987, it has now a presence in over 30 countries & has a key market in India, Nepal & Tanzania. It has partnered with Bill & Melinda Gates Foundation, GALVmed, Golchha Organisation, Novapharma, etc. While operating across four broad verticals of Poultry Vaccines, Poultry Health Products, Animal Vaccines and Animal Health Products, the company provides services like seroprofiling kits and diagnostic labs for poultry flocks, and mastitis control programs for cattle.

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.