These three stocks created a new 52-week high today, July 6, 2023

Today the broader index Nifty50 touched a significant milestone of the 19,500 mark and concluded the session in the green at 19497.30 with 98.8 points up. It opened at 19385.70, flat from its previous day’s closing of 19389.50. Whereas Sensex zoomed by 339.60 points and closed the day at 65785.64. 

In this article we will explore the stocks that have reached new 52-week highs, taking into consideration the previous 52-week prices recorded by the company in the year 2022. 

Nath Bio-Genes (India) Limited is engaged in the production and marketing of hybrid seeds of crops like cotton, wheat, jowar, bajra, and vegetables amongst others. It has an experience of 30 years in manufacturing and distributing seeds in the domestic market. 

Today, the shares of the company zoomed by 10.94% and concluded the session at Rs 216.55 on BSE.

The market cap of the company is Rs 411.53 Crore. The company’s revenue grew by 1.64% in FY23 from Rs 230 Crore to Rs 234 Crore. Company’s Operating Profit is Rs 49 Crore with an operating profit margin of 21%. In FY23 company’s net profit was Rs 35 Crore.  Its ROCE and ROE are 7.08% and 6.31%. The stock has generated a return of 14.85% in the past year. 

Promoter holding in the company is 45.59% whereas FIIs and DIIs hold 0.13% and 4.62% respectively.

Summit Securities Limited is a non-deposit-taking Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. The company primarily operates in the business of investments in shares and securities.

Today, the shares of the company zoomed by 16.83% and concluded the session at Rs 859.65 on BSE.

The market cap of the company is Rs 937.17 Crore. The company’s revenue declined by 32% in FY23 from Rs 74 Crore to Rs 50 Crore. Company’s Operating Profit is Rs 47 Crore with an operating profit margin of 93%. In the last financial year company’s net profit was Rs 37 Crore. Its ROCE and ROE are 0.98% and 0.77%. The stock has generated a return of 61% in the past year. 

Promoter holding in the company is 74.64% whereas FIIs and DIIs hold 0.56% and 0.35%, respectively.

Black Box Limited provides information technology solutions. The Company is engaged in delivering cutting-edge technology solutions and consulting services to businesses around the globe. Its IT infrastructure solutions, services, and products enable secure connectivity and meaningful collaboration for businesses in every major market sector on six continents.

Today, the shares of the company zoomed by 19.99% and concluded the session at Rs 177.95 on BSE.

The market cap of the company is Rs 2987 Crore. The company’s revenue significantly surged by 17% in FY23 from Rs 5370 Crore to Rs 6288 Crore. Company’s Operating Profit is Rs 279 Crore with an operating profit margin of 4%. In the last financial year company’s net profit was Rs 24 Crore. Its ROCE and ROE are 23.4% and 25.5%. The stock has generated a return of 25.45% in the past year. 

Promoter holding in the company is 71.14% whereas FIIs and DIIs hold 5.58% and 0.01%, respectively.