4 Shares That Hit All-Time High On February 19, 2020

With gains in the global markets, Indian equities surged by a huge 400 points in trade today on the Sensex and Nifty has again crossed the psychological level of 12000 at 12,075.

Meanwhile, the gains have been pared to some extent. Here are some of the stocks that hit all time high:

1. IRCTC:

Shares of e-ticketing and catering major yet again hit another high in February 19, 2020 trade of Rs. 1727 on the NSE. The stock last closed at Rs. 1638.60. It is considered a multi-bagger that since its listing last year has provided monumental gains.

2. IRCON:

This is another stock in the construction space that recorded 52-week high of Rs. 588.45 on the NSE. Earlier the stock made such gains on February 13, 2020. The gains have been continuing since the company reported an increase in profit of 52.5%.

3. ICICI Securities:

The brokerage firm also hit its 52-week high of Rs. 514.80 per share on the BSE. Based on the last one-year's i.e. until December 2019, the stock commands a P/E of 27.35. This is higher than other peers in the industry and which signifies investors are optimistic on the stock's performance.

4. Kotak Mahindra Bank:

After receiving the final approval for promoters' stake dilution in the private lender, the stock records 52 week high with surge of almost over 2%. The stock has pushed banking index higher.

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