52 Week High News

Samvardhana Motherson shares hit a 52-week high of ₹116.80, gaining 0.60%. The stock has increased over 7% in four sessions. The company reported a net profit of ₹827 crore for the September quarter, with revenue rising 8.5% to ₹30,173 crore.

Canara Bank shares rose 2.2% to a 52-week high of ₹124.55 on September 24, marking a 19% increase in September, its largest monthly gain in three years. Positive sentiment is driven by potential increases in FPI limits and hopes of a pickup in credit demand.

The public sector bank stocks defied the sombre market mood and rallied in trade on Wednesday, September 24, after media reports suggested that the government is considering a proposal to increase foreign investment limits in government-owned banks.

Poonawalla Fincorp share price jumped 15 per cent to hit a 52-week high on the BSE in intraday trade on Thursday, September 18. Shares of the company surged after the company said its board had approved the allotment of 3.3 crore shares to promoter Rising Sun Holdings Private Limited.

Bajaj Finance shares have shown a consistent upward trend, with analysts citing a breakout at ₹965 and a target of ₹1,100. The stock is expected to benefit from regulatory easing and credit demand growth, although some concerns about elevated valuations persist.

Dalmia Bharat share price: Ahead of the June quarter earnings announcement, shares of mid-cap cement company, Dalmia Bharat, jumped 3% to a fresh record high of ₹2333.90 on the BSE on Tuesday, July 22.

Data reveals that 243 stocks in the Nifty 500 index have dropped over 20 per cent from their 52-week highs, with eight of them plunging more than 50 per cent from their one-year peaks.

Ongoing geopolitical tensions and rising crude oil prices kept the Indian stock market range-bound. Despite this, 19 Nifty 500 stocks reached 52-week highs, notably in the NBFC sector following RBI's rate cuts, though overall market sentiment remains cautious.

MCX share price: Shares of India's largest commodities bourse — Multi Commodity Exchange of India (MCX) — rallied nearly 2.5% to a fresh record high on Tuesday, marking its third consecutive day of gains.

Shares of Bharat Electronics and Mazagon Dock hit new highs as defence stocks rally due to heightened investor interest amid regional tensions. The Indian government promotes self-reliance in defence, leading to increased exports and positive market sentiment.