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These 5 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

02 January 20244 mins read by Angel One
Among all the stocks listed on the NSE, a total of 210 stocks hit their respective 52-week highs today.
These 5 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow
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Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 21,665.80, marking a decline of 76.10 points or 0.35% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,892, reflecting a decline of 380 points.

Among all the stocks listed on the NSE, 210 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%.

Alok Industries Limited

Alok Industries is a textile company with a presence in the cotton and polyester segments. The company is engaged in the manufacturing of textiles, including mending, and packing activities, as well as leather and other apparel products.

Today, the stock began trading at Rs 21.65 per share, witnessed a strong rally of 20% throughout the day, and eventually closed at Rs 25.80 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 58% during the past six months.

VST Industries Limited 

VST Industries is engaged, among other activities, in the manufacture and trading of cigarettes, tobacco, and tobacco products. The Vazir Sultan Tobacco Company Limited, incorporated in 1930, holds the position of the third-largest player in the domestic market with a market share of approximately 10%.

Today, the stock began trading at Rs 3374.20 per share, witnessed a strong rally of 20% throughout the day, and eventually closed at Rs 4060.10 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 17.5% during the past six months.

Sanginita Chemicals Limited

Incorporated in 2005, Sanginita Chemicals Ltd is a manufacturer and exporter of Cuprous chloride and Cupric chloride and a supplier of synthetic resins.

Today, the stock opened at Rs 39 per share, experienced a robust 19.91% increase throughout the day, and eventually closed at Rs 40.65 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 118% in the six months.

Akash Infra-Projects Limited

Incorporated in 1999, Akash Infra-Projects Ltd is involved in the business of civil construction and trading in lubricants.

Today, the stock began trading at Rs 48.90 per share, witnessed a strong rally of 19.91% throughout the day, and eventually closed at Rs 50.60 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 77% in the past six months.

Sigachi Industries Limited

Sigachi Industries Limited (SIL) is one of the largest manufacturers of Microcrystalline Cellulose worldwide, operating three multi-location facilities in Telangana and Gujarat.

Today, the stock began trading at Rs 51.90 per share, witnessed a strong rally of 15.7% throughout the day, and eventually closed at Rs 59.75 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 92% 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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