Adani Energy Solutions among 4 large-caps that hit 52-week highs & rallied up to 16% in a month
Despite the Sensex ending 238 points lower, Adani Energy Solutions, Sun Pharmaceutical, Titan Company and Solar Industries India touched fresh 52-week highs. The milestone reflects sustained buying interest, bullish momentum and positive investor sentiment amid broader market weakness.
On Tuesday, the benchmark Sensex ended 238 points lower at 77,470. Despite the broader market weakness, four large-cap stocks from the BSE 100 Large-Cap TMC Index climbed to fresh 52-week highs, marking their strongest levels over the past year. A 52-week high is generally regarded as a bullish technical indicator, reflecting robust buying interest, positive investor sentiment, and sustained upward momentum.
New 52-week high: Rs 1789| CMP: Rs 1741.35. In the last one month stock has gained about 16%.
New 52-week high: Rs 1966.75| CMP: Rs 1962.15. In the last one month stock has gained about 7%.
New 52-week high: Rs 4692.2| CMP: Rs 4688.05. In the last one month stock has gained about 6%.
New 52-week high: Rs 19137.45| CMP: Rs 19070.2. In the last one month stock has gained about 6%.