Exide Industries among 6 midcap stocks that hit 52-week highs & surged up to 20% in a month
Six BSE 150 MidCap stocks, including Exide Industries, Sona BLW Precision Forgings and One97 Communications, hit 52-week highs as markets advanced. The stocks gained up to 20% over the past month, signalling sustained investor confidence and strong bullish momentum.
On Thursday, the benchmark Sensex gained 373 points to settle at 78,954. Supporting the broader market uptrend, six stocks from the BSE 150 MidCap index touched new 52-week highs, reaching their strongest price levels in the last one year. A stock hitting a 52-week high is typically considered a positive technical indicator, suggesting strong investor demand, improving market confidence, and continued upward momentum in its share price.
New 52-week high: Rs 824.5| CMP: Rs 787. In the last one month stock has gained about 19%.
New 52-week high: Rs 1459| CMP: Rs 1447.5. In the last one month stock has gained about 18%.
New 52-week high: Rs 2104.95| CMP: Rs 2061.75. In the last one month stock has gained about 16%.
New 52-week high: Rs 479.3| CMP: Rs 473.75. In the last one month stock has gained about 14%.
New 52-week high: Rs 4594.25| CMP: Rs 4470. In the last one month stock has gained about 9%.
New 52-week high: Rs 1105| CMP: Rs 1093.6. In the last one month stock has gained about 3%.