6 NSE stocks surged over 10% and hit 52-week highs today

Today, the broader indices, namely NSE Nifty50 and BSE Sensex, ended the day almost flat. The Nifty50 index commenced trading at 19,828.45 and eventually concluded at 19,802, marking a flat closing compared to the previous day’s closing level of 19,811.85 whereas BSE Sensex concluded flat at 66,017.81.

Among all the stocks listed on the NSE, 129 stocks reached their 52-week high levels. We will explore those stocks that achieved their 52-week highs, surged, and closed above 10%

• Honasa Consumer Limited

Honasa Consumer Limited (HCL), the parent company of Mamaearth, provides beauty and personal care items via its online platform. The company was incorporated in 2016.

Today, the Honasa Consumer stock opened at Rs 389.65 per share, experienced a significant 20% rally and ultimately closed at Rs 469.35 per share. Notably, the company’s stock not only reached its 52-week high but also hit its upper circuit price limit for the day. Furthermore, the stock recently debuted on the market and has not been completed for a year. If we calculate the return over its issue price, it has delivered an impressive return of 31%.

Check: Honasa Reports a 94% Surge in Net Profit

• Avadh Sugar & Energy Limtied 

Avadh Sugar & Energy Ltd focuses mainly on producing and selling sugar and its by-products (such as molasses, bagasse, and press-mud), spirits like ethanol, and power.

Today, the Avadh Sugar stock began trading at Rs 739.70 per share, witnessed a strong rally of 13.41% throughout the day, and eventually closed at Rs 838.30 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a remarkable 70% return in the past year.

• Magadh Sugar and Energy Limited 

Magadh Sugar and Energy Limited engaged in the production and sale of sugar and its by-products (such as molasses, bagasse, and press-mud), denatured spirits like ethanol, and power. It operates as part of the K. K. Birla Group of Sugar Companies.

Today, the stock opened at Rs 736.55 per share, experienced a robust 12.88% rally, and eventually closed at Rs 835 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered a remarkable 178% return in the past year.

• Intense Technology Limited

Intense Technologies Ltd develops software products tailored for data analytics and offers technology-enabled services to organizations. The company was incorporated in 1990.

Today, the stock opened at Rs 112.05 per share, surged significantly with a 12.57% increase, and ultimately closed at Rs 12.15 per share. Notably, the stock reached its 52-week high price on this day. Additionally, the stock has delivered a remarkable 70% return in the past year.

• Man Infraconstruction Limited

Man Infraconstruction Limited (MICL) is an integrated EPC (Engineering, Procurement & Construction) company specializing in Port, Residential, Commercial & Industrial, and Road construction segments, possessing extensive experience and execution capabilities.

Today, the stock opened at Rs 178.95 per share, surged significantly with an 11.50% increase today, and ultimately closed at Rs 117 per share. Notably, the stock reached its 52-week high price on this day. Additionally, the stock has delivered a remarkable 133% return in the past year.

Read: Man Infraconstruction Rallies over 18%

• Emami Realty Limited 

Emami Realty Limited, a division of the Emami Group, focuses on real estate projects encompassing residential, commercial, and retail sectors. Presently, it is engaged in planning and developing projects across various regions such as West Bengal, Uttar Pradesh, Tamil Nadu, Andhra Pradesh, and Maharashtra.

Today, the stock opened at Rs 100.05 per share, surged significantly with a 10% increase and ultimately closed at Rs 110.10 per share. Notably, the stock reached its 52-week high price on this day. Additionally, the stock has delivered a remarkable 60% return 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.