The Nifty 50 index has experienced a decline of nearly 3.5 percent year-to-date (YTD). Market sentiment has been under pressure, with investors scrambling for safer assets and fearing the impact of rising uncertainties. In such a turbulent environment, it is common for most stocks to suffer steep declines.
However, despite the market-wide sell-off, there are certain companies that have managed to stand out and resist the downward trend. These stocks have not only weathered the storm but have also reached new 52-week highs.
Listed below are some of the stocks that have recently reached new 52-week highs.
Aarti Pharmalabs Ltd
Aarti Pharmalabs Limited is an Indian company specializing in the development and manufacturing of Active Pharmaceutical Ingredients (APIs), pharmaceutical intermediates, and new chemical entities (NCEs). The company also has dedicated facilities for the production of cytotoxic medicines and oncology products.
In Q3 FY25, Aarti Pharmalabs reported sales of Rs 538 crores, a 20 percent increase year-over-year. The net profits shot up 40 percent to Rs 74 crore from Rs 53 crore in the same quarter the previous year.
The company hit its 52-week high on February 19 to a new price level of Rs 832.20. The stock has managed to gain over 37 percent within the past six months
TCPL Packaging
TCPL Packaging Ltd, promoted by the Kanoria family produces plastic cartons, folding cartons, blister packs, shelf-ready packaging, litho-lamination and printed blanks and outers. Along with this, the company has also entered into the flexible packaging industry, manufacturing laminates, sleeves, wrap-around labels and printed cork-tipping paper.
Anil Kumar Goel holds 7 lakh equity shares or a 7.69 percent stake in the company as of Q3 FY25.
In Q3 FY25, TCPL Packaging reported sales of Rs 458 crores, a 29 percent increase year-over-year. The net profits skyrocketed 84 percent to Rs 38 crore from Rs 21 crore in the same quarter the previous year.
The company hit its 52-week high on February 18 to a new price level of Rs 3,896.40. Notably, TCPL Packaging has rallied to nearly 20 percent in the past six months.
Norben Tea and Exports Ltd
Norben Tea and Exports Limited is an Indian company specializing in the cultivation and manufacturing of high-quality tea. The company operates through three divisions: Berubari, Pareshnagar, and Sakati, offering a range of Crush, Tear, and Curl (CTC) teas made from approximately 100 percent clonal varieties.
In Q3 FY25, Norben Tea reported sales of Rs 2.02 crores, a 44 percent increase year-over-year. The net loss narrowed to Rs 0.15 crore from Rs 1.47 crore in the same quarter the previous year.
The company hit its 52-week high on February 18 to a new price level of Rs 40.39. Norben Tea has delivered an impressive return of nearly 200 percent in the past six months.
Written by Shwetha Sairam
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