52-week high reflects the highest level at which a particular stock has traded for 52-weeks, that is a year. In the same way, a 52-week low shows the lowest level at which a stock has traded for 52-weeks. Therefore, when a stock reaches its 52-week high, it reflects a bullish trend and when it hits the 52-week low, it shows a bearish trend. Today, we are covering 3 stocks that has made biggest recovery from their 52-week low levels. Check details below:
1. Baroda Rayon Corporation
The stock's 52-week low is Rs 4.42 apiece (registered on 1/06/2022) and 52-week high is Rs 501. It has made biggest recovery from its 52-week low of Rs 4.42 apiece.
The stock surged 7388% from its 52-week low price as on December 4, 2022. The current market price of the stock is Rs 331 apiece. The stock gained 7053% in just 1-year. In the last 6-months period, it jumped 6715%.
The stock has given highly attractive returns to investors in last 1-year. The company has a market capitlisation of Rs 760 crore.
Baroda Rayon is engaged in the manufacturing of viscose filament rayon yarn, sulphuric acid, carbon-di-sulphide, anhydrous sodium sulphate, nylon yarn, etc.
2. Kaiser Corporation
The stock also witnessed one of the biggest recoveries from 52-week low price. It registered its 52-week low at Rs 1.16 apiece (registered on 2/12/2021). The stock jumped 4900% from its 52-week low price as on December 4, 2022.
The 52-week high price of the stock is Rs 130 apiece. The current market price of the stock is Rs 58 apiece. The stock gave whopping returns of 4925% in just 1-year time. It has a market capitalisation of Rs 306 crore.
The small cap company operates in Packaging sector and came into existence in 1993.
It built a project consisting of two divisions namely, plastic division for manufacturing plastic containers and printing division for quality printing and manufacturing of self-adhesive labels and cartons at Thane.
3. SEL Manufacturing
The textile sector stock has also made stunning recovery from its 52-week low price. It registered its 52-week low price at Rs 15.12 apiece on 29/11/2021. The 52-week high price of the stock is Rs 1237 apiece.
It has a market capitalisation of Rs 1787 crore. The current market price of the stock is Rs 539 apiece. The stock jumped 3493% from its 52-week low as on December 4, 2022.
SEL is a leading vertically integrated textile conglomerate, operating in various textile sub-segments having facilities right from spinning, knitting, processing of yarns and fabric, to the value-added products viz. terry towels and ready-made garments.
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