Calculate your SIP ReturnsExplore

These 4 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

09 January 20245 mins read by Angel One
Among all the stocks listed on the NSE, a total of 214 stocks hit their respective 52-week highs today.
These 4 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 21,544.85, marking an increase of 31.85 points or 0.15% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,386.21, reflecting an increase of 31 points.

Among all the stocks listed on the NSE, 214 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%.

Pavna Industries Limited

Pavna Industries Ltd is a full-service die caster in zinc and aluminium. The company is engaged in manufacturing automotive parts, providing solutions for automobile applications, and serving automobile and other applications worldwide for Original Equipment Manufacturers (OEMs), while also offering automotive aftermarket solutions.

Today, the stock began trading at Rs 560 per share, witnessed a strong rally of 20% throughout the day, and eventually closed at Rs 582.60 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 79% during the past six months.

POCL

POCL’s principal activities involve converting various forms of lead scraps into lead metal and alloys. The company conducts smelting of lead battery scrap to produce secondary lead metal, which is then refined into pure lead and specific lead alloys. Additionally, the company manufactures zinc metal and zinc oxide.

Today, the stock began trading at Rs 637 per share, witnessed a strong rally of 20% throughout the day, and eventually closed at Rs 728.25 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 83% during the past six months.

Motisons Jewellers Limited

Established in October 1997, Motisons Jewellers Ltd specializes in selling gold, diamond, and kundan jewellery along with other jewellery products. The company offers a wide range of items including pearls, silver, platinum, and various other metals.

Today, the stock opened at Rs 132.35 per share, experienced a robust 19.99% increase throughout the day and eventually closed at Rs 157.55 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 46% in just one week.

PNB Gilts Limited

PNB Gilts’ primary activities include supporting the government borrowing program through underwriting government securities issuances and trading in a range of fixed income instruments. These instruments encompass Government securities, Treasury Bills, State Development Loans, Corporate Bonds, Interest Rate Swaps, and various money market instruments such as Certificates of Deposits and Commercial Papers.

Today, the stock began trading at Rs 101 per share, witnessed a strong rally of 19.99% throughout the day, and eventually closed at Rs 116.75 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 72% in the past six months.

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.

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Enjoy Zero Brokerage on Equity Delivery

Join our 2 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage on Equity Delivery

Get the link to download the App

Send App Link
Open Free Demat Account!
Enjoy Zero Brokerage on Stock Investments.