1 Large Cap, 1 Mid Cap & 2 Small Cap Stocks Hit Fresh 52 Week Highs: Dividend Offered

The Indian stock markets have revived quickly after sinking in the 3rd trading week this month. Showing a bullish trend, today, the Nifty stood at 16,661.40 points, gaining by 1.89%%, till last traded. Here, four stocks, reached 52-week high-level today, along with the company which will be offering a dividend.

Mahindra and Mahindra Ltd.

Share price of Mahindra and Mahindra Ltd. (M&M) has gained by 4.95%, and closed at Rs. 1,000.00, today. It is a large cap company with a market capitalization of Rs. 124,114 crore. The 52 week high level of this stock is Rs. 1,011.75, and 52 week low level of this stock is Rs. 671.15.

The company has recently decided to implement an additional investment of Rs. 2900 crore which will help it to surge its production capacity for new products. To meet the customer demands after the pandemic, the company has decided. Hence, M&M will be having a CAPEX of Rs. 17,000 crore, it will be planned for its 3-year plan, from FY22 to FY24. This will include Rs. 1,900 crore for the company's automotive segment. M&M is focussing on its EV segment and planning to launch a fresh EV of XUV300 SUV in Q4 of FY23.

Blue Dart Express Ltd.

Share price of Blue Dart Express Ltd. has gained by 1.17%, and closed at Rs. 7,490.00, today. It is a mid cap company with a market capitalization of Rs. 17,730 crore. The 52 week high level of this stock is Rs. 7,600.00, and 52 week low level of this stock is Rs. 5,306.50. The company is one of the leading logistic service providers in the country.

This month, Blue Dart Express Ltd. has published its financial report, which has shown a growth of 52.18% in its consolidated net profit at Rs. 136.97 crore, in Q4, FY22. Blue Dart's revenue from operations has increased by 20.41% to Rs. 1,165.91 crore. Additionally, the company's revenue from operations in FY 22 has gained by 34.13% to Rs. 4,410.49 crore. In an official statement, the company revealed, "The company delivered one of the strongest performances in the recent past. Topline grew by 21% with a healthy mix of volume growth and realisation improvement despite challenging geopolitical scenario."

EID Parry (India) Ltd.

Share price of EID Parry has gained by 6.41%, and closed at Rs. 562.70, today. It is a small cap company with a market capitalization of Rs. 9,901 crore. The 52 week high level of this stock is Rs. 569.80, and 52 week low level of this stock is Rs. 377.30.

According to data available with NSE, in Q4 FY22, the company's Total Income stood at Rs. 92,231 lakh, as against Rs. 68,621 lakh in the previous quarter. Its Net Profit stood at Rs. 22,512 lakh, as against Rs. 1,829 lakh in the earlier quarter. Additionally, the company's Profit before tax (PBT) was reported at Rs. 26,705 lakh, as against Rs. 1,632 lakh in Q3 FY22. EID Parry is a company engaged that is operational in the Sugar and Nutraceuticals business. The Company is a part of the Rs. 369 Billion Murugappa Group, one of India's leading business conglomerates. The comaony's products are sold in more than 41 countries.

Raymond Ltd.

Share price of Raymond Ltd. has gained by 4.85%, and closed at Rs. 970, today. It is a small cap company with a market capitalization of Rs. 6,436 crore. The 52 week high level of this stock is Rs. 987, and 52 week low level of this stock is Rs. 360.15. The company is offering a dividend of Rs. 3 per share, which will be effective from June 30, 2022.

The company in this month has informed its consolidated net profit grew to Rs. 264.97 crore in Q4 FY22, due to strong demand and considerable consumer sentiments. Its net profit was Rs. 58.36 crore in the same quarter in FY21. Additionally, its revenue from operations grew 43.38% to Rs. 1,958.10 crore, as against Rs. 1,365.66 crore in the same quarter in FY21. Raymond is a diversified group with majority business interests in the Textile & Apparel sectors as well as a presence across diverse segments such as FMCG, realty, engineering, and prophylactics in national and global markets.