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

04 January 20244 mins read by Angel One
Among all the stocks listed on the NSE, a total of 255 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 green. The Nifty50 closed at 21,658.60, marking an increase of 141.25 points or 0.66% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,847.57, reflecting a surge of 491 points.

Among all the stocks listed on the NSE, 255 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%.

Almondz Global Securities

Incorporated in 1994, Almondz Global Securities Ltd provides financial advisory and consultancy services.

Today, the stock began trading at Rs 96.95 per share, witnessed a strong rally of 19.99% throughout the day, and eventually closed at Rs 115.55 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 45% during the past six months.

Kothari Products Limited

Kothari Products Ltd is primarily engaged in international trading of various products and commodities. Additionally, it is involved in real estate development and leasing, along with its subsidiaries and associates.

Today, the stock began trading at Rs 144 per share, witnessed a strong rally of 19.99% throughout the day, and eventually closed at Rs 160 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 54% during the past six months.

Reliance Power Limited

Reliance Power has been established to develop, construct, and operate power projects both in India and internationally. The company, on its own and through its subsidiaries, has a substantial portfolio of power generation capacity, comprising both operational units and capacity under development.

Today, the stock opened at Rs 26.30 per share, experienced a robust 19.46% increase throughout the day and eventually closed at Rs 31 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 114% in the six months.

Sobha Limited

Sobha Limited, incorporated in 1995, is a real estate developer engaged in the construction and operation of townships, housing projects, commercial premises, and other related activities. The company is also involved in manufacturing activities related to interiors, glazing, metal works, and concrete products.

Today, the stock began trading at Rs 1122 per share, witnessed a strong rally of 15.82% throughout the day, and eventually closed at Rs 1296.50 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 138% in the past six months.

One Point One Solutions Limited

One Point One Solutions is engaged in Customer Lifecycle Management, Business Process Management, and Technology Servicing.

Today, the stock began trading at Rs 56.10 per share, witnessed a strong rally of 15.15% throughout the day, and eventually closed at Rs 62.35 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 183% 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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