These 5 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 index commenced trading at 21,018.55 and eventually concluded at 20,906.40, marking a decline of 90.70 points or 0.43% compared to the previous day’s closing level of 20,997.10. Meanwhile, the BSE Sensex concluded at 69,551.03, reflecting a decline of 377.5 points.

Among all the stocks listed on the NSE, 191 stocks reached their 52-week high levels. We will be exploring those stocks that not only achieved their 52-week highs but also experienced a surge and closed above 15%.

Inox Green Energy Services Limited

Inox Green Energy Services Limited is one of the major wind power operation and maintenance service providers in India. The company is a subsidiary of Inox Wind Limited and is part of the Inox GFL group of companies. It was incorporated in 2012.

Today, the stock opened at Rs 88.75 per share, experienced a significant 20% rally throughout the day, and ultimately closed at Rs 105.30 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 100% during the past six months.

IREDA Limited 

Indian Renewable Energy Development Agency (IREDA) is a Mini Ratna government enterprise dedicated to promoting, developing, and providing financial assistance for new and renewable energy projects, as well as energy efficiency and conservation (EEC) projects. It was incorporated in 1987.

Today, the stock began trading at Rs 94 per share, witnessed a strong rally of 20% throughout the day, and eventually closed at Rs 102 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of over 200% over its final IPO issue price of Rs 32 per share.

Suran Solar Limited 

Surana Solar Limited is engaged in manufacturing Solar Photovoltaic Modules, generating Wind and Solar Power energy, and trading other solar-related products. It was incorporated in 2006.

Today, the stock opened at Rs 27 per share, experienced a robust 19.9% increase throughout the day, and eventually closed at Rs 32.25 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 41% in the past year.

Energy Development Company Limited

Energy Development Company Limited is engaged in the generation and sale of bulk power, as well as the trading of power equipment. The company was incorporated in 1995.

Today, the stock began trading at Rs 29.15 per share, witnessed a strong rally of 19.9% throughout the day, and eventually closed at Rs 31.35 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 42% in the past year.

Williamson Magor and Company Limited 

Williamson Magor and Company Limited initially operated in tea manufacturing and investments in group companies. It was incorporated in 1949. Over time, the company transitioned its focus to become a Non-Banking Financial Company, focusing on investments and fund lending. Presently, it holds significant investments in various group companies such as McLeod Russel India Limited, Eveready Industries India Limited, Kilburn Engineering Limited, McNally Bharat Engineering Company Limited, among others.

Today, the stock began trading at Rs 35.15 per share, witnessed a strong rally of 18.86% throughout the day, and eventually closed at Rs 41.60 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a remarkable return of 98% in the past year.

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.