The Benchmark Indices closed in the red today with the Sensex losing 413 points equating to 0.66 percent currently standing at Rs 61,932.47 and the Nifty 50 losing 112 points which equates to 0.61 percent and stands at Rs 18,286.50.
Listed below are 3 stocks that hit the 52-week high levels today:
Housing And Urban Development Corporation Limited
Housing & Urban Development Corporation Limited (HUDCO) is engaged in providing finance for a long-term period pertaining to the construction of houses for residential purposes.
With a market capitalization of Rs 11,731 crores, the company’s stock closed today at a price of Rs 58.60, an upside of 7 percent as compared to the previous closing price of Rs 55. At 11:30, the scrip hit its new 52-week high mark at Rs 60.15. The previous high date was recorded on 15th December 2022.
In the last one-month period, the stock has been able to gain 30 percent for its stakeholders ranging from Rs 45.25 to the current levels.
Aurobindo Pharma Limited
Aurobindo Pharma Limited is a drug manufacturing company with a product portfolio that spans a variety of therapeutic areas. Most of the company’s sales are derived from its ‘Formulation’ business, with the rest coming from its ‘Active Pharmaceutical Ingredient’ (API) operations.
With a market capitalization of Rs 37,585 crores, the company’s stock closed today at a price of Rs 641.45, an upside of 4.50 percent as compared to the previous closing price of Rs 613.65. At 1:10, the scrip hit its new 52-week high mark at Rs 648.20. The previous high date was recorded on 10th May 2023.
Year-To-Date, the stock has been able to generate returns of 47 percent for its shareholders moving from Rs 435 start of the year to the current price levels.
Engineers India Limited
With the Indian Government owning a majority stake, Engineers India Limited is a company that provides engineering consultancy as well as construction, and procurement services.
With a market capitalization of Rs 5,637 crores, the company’s stock closed today at a price of Rs 100.30, an upside of 3.50 percent as compared to the previous closing price of Rs 96.90. At 11:42, the scrip hit its new 52-week high mark at Rs 103.35. The previous high date was recorded on 11th May 2023.
The stock, in the past 1 month, has delivered returns of about 34 percent shifting from Rs 75 during April to the current levels.
Written by Amit Madnani
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