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These 5 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for Monday

29 December 20235 mins read by Angel One
Among all the stocks listed on the NSE, a total of 190 stocks hit their respective 52-week highs today.
These 5 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for Monday
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Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 21,731.40, marking a decline of 47.30 points or 0.22% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 72,240.26, reflecting a decline of 170.12 points.

Among all the stocks listed on the NSE, 190 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 10%.

Surya Roshni Limited

Surya Roshni Limited, incorporated in 1973, has emerged as India’s largest exporter of ERW Pipes, the largest producer of GI Pipes, and the second largest in the lighting segment. Its focus is on developing a value-added product mix including 3LPE-coated pipes, Alkyd pipes, etc.

Today, the stock opened at Rs 649 per share, experienced a significant 20% rally throughout the day, and ultimately closed at Rs 781.05 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a remarkable return of 78% during the past six months.

NRB Bearings Limited 

NRB Bearings Limited has been a pioneer in manufacturing needle roller bearings in India since 1965. Over 90% of the vehicles traversing Indian roads operate using bearings manufactured by NRB. The company is actively involved in producing ball and roller bearings that find applications within the automotive sector and across various mobility applications.

Today, the stock began trading at Rs 285.55 per share, witnessed a strong rally of 18.5% throughout the day, and eventually closed at Rs 338 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 78% during the past six months.

RailTel Corporation Limited

RailTel was incorporated in 2000 with the objective of establishing nationwide broadband and VPN services, telecommunications, and a multimedia network to modernize the train control operation and safety system of Indian Railways. It holds the status of a “Miniratna” Public Sector Enterprise (PSE) under the Government of India. Currently, RailTel’s extensive network spans approximately 6,000 stations across the country, encompassing all major commercial centers.

Today, the stock opened at Rs 298 per share, experienced a robust 14.7% increase throughout the day, and eventually closed at Rs 336.50 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 154% in the six months.

SEAMEC Limited

SEAMEC Ltd owns and operates four multi-support vessels catering to diving services, manned and unmanned subsea operations, and associated activities. Additionally, the company has diversified into the main fleet shipping vertical by acquiring three bulk carriers of varying sizes. Notably, it possesses the largest fleet of multi-functional vessels in India.

Today, the stock began trading at Rs 960 per share, witnessed a strong rally of 11.94% throughout the day, and eventually closed at Rs 1,060.40 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 68% in the past six months.

KPI Green Energy Limited

KPI Green Energy Limited is an India-based solar power generation company. The Company is focused on providing solar power through different business verticals. The Company develops, builds, owns, operates, and maintains solar power plants as an Independent Power Producer (IPP) and Captive Power Producer (CPP), both under the brand name Solarism.

Today, the stock began trading at Rs 1370 per share, witnessed a strong rally of 10% throughout the day, and eventually closed at Rs 1467.85 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 80% 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.

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