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Today the NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 22,011.95, registering a significant rise of 172.85 points or a 0.79% increase compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 72,641.19, reflecting a gain of around 539.50 points.
Among all the stocks listed on the NSE, 34 stocks reached their 52-week high levels. We will be exploring those stocks that registered a significant surge in their prices by over 5% and are available under Rs 1000 per share.
The Hi-Tech Gears is an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components.
Today, trading commenced for Hi-Tech Gears stock at Rs 524.95 per share. It experienced a robust rally of 17.29% during the day, eventually closing at Rs 605.70 per share. The stock reached a price level that was last seen in December 2017, even surpassing its all-time high price of Rs 602.75 per share today as shown in the monthly chart of the stock below. In the past year, the company’s stock has delivered an impressive multibagger return of around 134%.
eMudhra is a licensed certifying authority in India, operating under its eMudhra brand, involved in issuing digital signature certificates. The company is licensed by the Controller of Certifying Authorities (CCA), Ministry of Information Technology, and operates under the guidelines set by the Information Technology Act.
Today, the eMudhra stock opened trading at Rs 630 per share, experiencing a robust rally of 12.49% throughout the day, and ultimately closing at Rs 693.80 per share. After a long consolidation period of around 229 days, the stock broke out of its range in February 2024. Following three weeks of consolidation, it finally experienced a significant breakout and is currently trading in the blue-sky zone. Investors should consider keeping this strong momentum stock on their radar.
CG Power & Industrial Solutions is a global enterprise that offers end-to-end solutions to utilities, industries, and consumers for managing and applying efficient and sustainable electrical energy.
Today, CG Power & Industrial Solutions share price began trading at Rs 510 per share, witnessed a strong rally of 8.39% throughout the day, and eventually closed at Rs 544.40 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 817% during the past three years.
Juniper Hotels Limited is a luxury hotel development and ownership company. The company’s portfolio includes seven hotels, including 245 serviced apartments, situated across strategic locations in India.
Today, Juniper Hotels Limited stock commenced trading at Rs 480.05 per share, experiencing a significant rally of 7.93% throughout the day, and ultimately closing at Rs 513 per share. Debuting in the Indian market on February 28, 2024, at Rs 365 per share, it has since generated an impressive return of over 40%. Additionally, today’s closing price surpassed the previous peak level registered in March 2024, positioning the stock in the blue-sky zone as shown in the hourly price chart of stock below.
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.
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