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

Today, the broader indices, NSE Nifty50, and BSE Sensex, ended the day in the green. The Nifty50 eventually concluded at 21,350, marking an increase of 94.35 points or 0.44% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,107 reflecting an increase of 242 points.

Among all the stocks listed on the NSE, 123 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%.

Lakshmi Finance & Industrial Corporation Limited

Lakshmi Finance & Industrial Corporation (formerly known as The Andhra Bank Ltd) is an investment company registered with the RBI, engaged in the business of investing in equity shares and mutual funds.

Today, the stock opened at Rs 172.30 per share, experienced a significant 20% rally throughout the day and ultimately closed at Rs 203.10 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 46% during the past six months.

Starteck Finance Limited 

Starteck Finance Ltd is a non-deposit-taking, non-systemically important (ND-NSI) NBFC registered with the RBI. It plans to mainly focus on retail lending in two key segments, namely, housing finance and loans to small corporates/MSMEs.

Today, the stock began trading at Rs 315 per share, witnessed a strong rally of 19.99% throughout the day, and eventually closed at Rs 343.60 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 161% during the past six months.

Balmer Lawrie & Company Limited

Balmer Lawrie & Company Ltd is engaged in the businesses of Industrial Packaging, Greases and lubricants, Leather Chemicals, Logistic Services, Infrastructure, Refinery and oil Fields, and Travel and vacation Services in India. It is a central public sector undertaking under the administrative control of the Ministry of Petroleum and Natural Gas, Government of India, since 1972.

Today, the stock opened at Rs 189 per share, experienced a robust 19.98% increase throughout the day, and eventually closed at Rs 224.90 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 85% in the past year.

Sangam (India) Limited

Sangam (India) Limited is engaged in the business of manufacturing and selling Synthetic Blended, Cotton, and texturised yarn, Fabrics, Denim Fabrics, and readymade seamless garments.

Today, the stock began trading at Rs 385 per share, witnessed a strong rally of 18.78% throughout the day, and eventually closed at Rs 450.60 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 48% in the past six months.

Transformers and Rectifiers (India) Limited

Transformers and Rectifiers (India) Limited is a manufacturer of Power, Furnace, and Rectifier Transformers.

Today, the stock began trading at Rs 190.80 per share, witnessed a strong rally of 18.50% throughout the day, and eventually closed at Rs 223.90 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a remarkable return of 152% 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.