Indian indices in trade today have been dragged lower on weak global cues. In the Asian markets, Hang Seng tumbled a huge 3%. Now even as all but 1 of the Nifty sectoral indices traded in the red, here are some of the stocks that hit their life time high in trade today:
1. Tasty Bite Eatables: This company from the food processing space has hit a lifetime high of Rs. 20,700, gaining close to 12 percent. The company is a top brand in the organic, natural and read to eat category in N. America. In the covid hit year, the company's revenue fell by 11 percent at Rs. 385 crore versus the previous year, nonetheless there was registered improvement in exports owing to constant demand from the US.
2. IRCTC: The stock hit a new high of Rs. 2248 in trade on July 8, 2021. Prabhudas Liladhar in its report has given a buy on the scrip for a target price of Rs. 2329.
|Stock||Industry||Life time hit on July 8, 2021|
|Tasty Bite Eatables||Food processing||Rs. 20700|
|Speciality Restaurant:||Hotels||Rs. 74.55|
|Sonata Software||Sofware medium and small enterprise||Rs. 775|
|Westlife Development||Hotels||Rs. 569|
|Nippon Life India||AMC||Rs. 391.6|
|KPR Mill||Textile||Rs. 1864.75|
|Gokaldas Export||Textile||Rs. 181.40|
|Brigade Enterprises||Real estate||Rs. 321|
|Texmaco Rail||Infrastructure-General||Rs. 41.9|
|Tilaknagar Industries||Breweries and distelleries||Rs. 49.20|
|Srikalahasthi Pipes||Steel||Rs. 233.85|
|BSE Ltd||Miscellaneous||Rs. 1008|
|Igarashi Motors||Electrical equipment||Rs. 549.75|
|Prataap Snacks||Food Processing||Rs. 764|
|Gujarat Ambuja||Food Processing||Rs. 195|
|Novartis India||Pharma||Rs. 1034.65|
So, here we can conclude the scrips that have hit life time high in trade today are mostly from food processing, hotel space and some others.