Recent market activity has produced a large number of 52-week highs, signaling strong optimism among investors. Positive fundamentals and enhancing optimism are contributing to the upward momentum across sectors, reflecting a generally bullish market outlook in the near term. In this article, we will look at four companies that have recently hit their 52-week high.
1. Reliance Power
Reliance Power Limited is one of India’s leading private sector power generation companies. The company has an operating portfolio of 5,305 megawatts, which includes 3960 megawatts Sasan Power Limited (the world’s largest integrated coal-based power plant). For the past seven years, Sasan Power has consistently ranked as the best operating power plant in India.
The company reported a revenue decline of 3.9 percent, falling to Rs 7,583 crores in FY25 from Rs 7,893 crores in FY24. However, its profitability improved significantly, with the company posting a net profit of Rs 2,948 crores in FY25 compared to a massive net loss of Rs 2,068 crores in FY24. The company hit its 52-week high of Rs 62.80 on Monday and is currently trading at Rs 62.91 per share.
2. Indian Bank
Indian Bank is a financial institution operating across four main segments. Its Treasury division manages investments and foreign exchange. The Corporate/Wholesale Banking segment serves large businesses with loans and financial solutions. Retail Banking caters to individuals with personal banking services, including loans and digital banking. The bank also offers various support services to complement these core functions.
The Indian bank reported a revenue growth of 11.5 percent, rising to Rs 62,039 crores in FY25 from Rs 55,650 crores in FY24. In terms of profitability, it posted a net profit growth of 33.7 percent, increasing to Rs 11,264 crores in FY25 from Rs 8,423 crores in FY24. The bank hit its 52-week high of Rs 658.50 on Tuesday and is currently trading at Rs 631.25 per share.
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Max Financial Services Limited, through this subsidiary, offers investment and management advisory services in India. Its core business focus is in the life insurance sector and offers participating, non-participating, and linked products for life, health, and pension benefits for individuals and groups, along with rider provisions. The company has a network of distribution with agents, banks, brokers, and others.
The company reported a marginal revenue decline of 0.24 percent to Rs 46,469 crores in FY25 from Rs 46,580 crores in FY24. On the profitability front, it recorded a modest net profit growth of 2.54 percent, rising to Rs 403 crores in FY25 from Rs 393 crores in FY24. The company hit its 52-week high of Rs 1,533.40 on Monday and is currently trading at Rs 1496.05 per share.
4. BSE
BSE Limited is an Indian stock exchange company that provides a transparent market for the trading of equity and debt instruments, as well as derivatives, such as equity, currency, interest rate, and mutual funds, and stock lending/borrowing. BSE also provides services offered are risk management, settlement, market data, as well as trading in SME equity, in order to promote sustainable growth of the capital market through innovation and other investor participatory tools, such as Direct for G-Sec and T-Bill investments.
The company reported a strong revenue growth of 101.76 percent, rising to Rs 3,212 crores in FY25 from Rs 1,592 crores in FY24. In terms of profitability, it posted a net profit growth of 71.3 percent, increasing to Rs 1,322 crores in FY25 from Rs 772 crores in FY24. The company hit its 52-week high of Rs 2,887.20 on Wednesday and is currently trading at Rs 2,838.00 per share.
Written by Satyajeet Mukherjee
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