The Indian stock market began the week on a desultory note on Monday. Metal stocks dragged the markets amid demand worries and weaker sentiment in global markets. However, the BSE Sensex rose 110 points to 53,018 in opening trades. Here are a few shares that opened gap-up on Monday and went on to reach their respective 52-week highs.
Blue Dart Express Limited
Leading courier and integrated air express package distribution company, Blue Dart Limited’s shares reached their 52-week high of ₹ 7,968.35 on Monday. They had reached their previous 52-week high of ₹7,880.00 apiece on July 01, 2022. Their current 52-week high is also their all-time high.
Chalet Hotels Ltd
Hospitality and real estate development company, Chalet Hotel’s shares have reached a fresh 52-week high of ₹ 334.35 apiece. The shares had reached their previous 52-week high of ₹ 332.15 on April 06, 2022. Further, they reached their all-time high of ₹395.00 on December 31, 2019.
Jamna Auto Industries Ltd
The share price of Jamna Auto Industries Ltd has gained 28.1% since June 20, 2022. The company is India’s market leader in automotive suspension solutions. Its shares reached a fresh 52-week high of ₹135.55 on Monday. The shares had reached their previous 52-week high of ₹129.70 on July 01, 2022. They reached their all-time high of ₹ 293.50 on August 08, 2017.
KSB Ltd
Pumps and valves manufacturer, KSB Limited’s shares reached their 52-week high of ₹ 1,534.35 on the BSE on Monday. Their previous 52-week high of ₹ 1,521.55 was recorded on May 24, 2022. Their current 52-week high is also their all-time high. The company is the Indian Subsidiary of Klein Schanzlin & Becker (KSB), Germany.
Mahindra Lifespace Developers Ltd
The company develops residential facilities and commercial complexes. It is involved in the development of SEZs and industrial clusters. Mahindra Lifespace Developers’ shares reached their 52-week high of ₹ 439.85, during Monday’s early trades. They had reached their previous 52-week high on June 13, 2022, and their all-time high of ₹ 1300 on May 18, 2006.
Written By – Simran Bafna
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