As financial stocks recover from previous day's fall, benchmark indices in the afternoon session traded stronger led primarily by gains in pharma and financial pack. And of the 147 stocks, some of them hit their all time highs including Affle India, Adani Green Energy while others have made their fresh 52-week high levels.
Here are some of the stocks that have hit their respective 52-week high
1. Hexaware Technologies:
Shares in the company have again gained 5% as its delisting offer ends today. The stock hit a 52-week high of Rs. 446.7 per share on the BSE. The first delisting by a private equity opened on September 9, 2020 and the company fixed a floor price of Rs. 264.97 per share for the delisting.
2. Radico Khaitan:
The breweries manufacturer on improved outlook for operational performance extended previous gains to today hit a fresh 52-wek high price of Rs. 445. On gross margin improvement, for the quarter ended June of FY21, the company's EBITDA improved from 16.1% to 18.4%. Also, the company's profit inched higher due to better product mix as well as on account of export business.
3. Bajaj Healthcare:
The shares of the firm also edged higher by up to 20% to clock new high of Rs. 498.35 on stellar profit which rose by 5 times to Rs. 15.29 crore. This is on strong revenue. Rating agency Crisil has 'positive' outlook on Bajaj Healthcare, as it expects improvement in business risk profile over the medium term.
4. JB Chemicals
In early trade on whopping gains in profit by 92.6% year on year at Rs. 119 crore for the June ended quarter of FY21, the shares of pharma stock rallied to hit an all time high of Rs. 965.
5. Adani Green:
Adani Green Energy also become the first company from the Adani Group pack to cross Rs. 1 trillion market cap as the stock hits all time high of Rs. 670.65 per share.