Stocks Under Rs 200: These Stocks Surged Over 10% & Hit 52-Week High Today

Today the NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 22,196.95, registering a significant rise of 75 points or a 0.34% increase compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,057.40, reflecting a rise of around 349 points.

Among all the stocks listed on the NSE, 143 stocks reached their 52-week high levels. We will be exploring those stocks that registered a significant surge in their prices.

Airolam Limited

Airolam Limited is engaged in the business of producing, processing, and marketing decorative laminate and plywood. The company was incorporated in 2008.

Today, the stock began trading at Rs 165.80 per share, witnessed a strong rally of 19.99% throughout the day, and eventually closed at Rs 190.30 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 67% during the past six months.

RKECProjects

RKEC Projects is a construction company engaged in civil and defence construction, including the construction of buildings, highways, marine works, and bridges. It is registered as a Super Special Class contractor with the Ministry of Defence for designing and executing marine works onshore and infrastructure projects.

Today, the stock began trading at Rs 102.10 per share, witnessed a strong rally of 11.31% throughout the day, and eventually closed at Rs 113.66 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 87% in the past six months.

Mangalam Drugs & Organics Limited

Mangalam Drugs & Organics Limited manufactures Active Pharmaceutical Ingredients (APIs) and Intermediates. The company was incorporated in 1977.

Today, the stock began trading at Rs 120 per share, witnessed a strong rally of 11.21% throughout the day, and eventually closed at Rs 127.50 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 21% in the past six months.

Snowman Logistics

Snowman Logistics is engaged in the business of temperature-controlled logistics, including but not limited to storage, road transportation, and distribution of products requiring a temperature-controlled environment.

Today, the stock began trading at Rs 75 per share, witnessed a strong rally of 11.15% throughout the day, and eventually closed at Rs 82.25 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 67% in the past six months.

Veto Switchgears & Cables Limited

Incorporated in 2007, Veto Switchgears & Cables manufactures wires & cables, and electrical accessories, and also deals in LED lighting, CFL, and fans.

Today, the stock began trading at Rs 134.05 per share, witnessed a strong rally of 11% throughout the day, and eventually closed at Rs 147.70 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a moderate return of 6.3% in the past six months.

Investors must keep these stocks on their radar.

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.