5 Big Stocks That Hit 52-Week High In A Weak Market, Gained Up To 30% In 30 Days

Share markets have witnessed bloodbath on Friday, September 23 amid weak global cues. The BSE benchmark Sensex nosedived 1020 points to settle the day at 58,098 and Nifty 50 shed 302 points to close at 17,327 points. Amid the falling share markets, 5 stocks scaled a new high to hit their 52-week high level on Friday. Here are they:

1. ITC Ltd

The stock scaled a new high on Friday. The current market price of the share is Rs 346 apiece with a 52-week high 349 apiece and 52-week low is Rs 207 apiece, respectively.

The stock hit a new 52-week high on September 23 at Rs 349 apiece. The company has a market capitalisation of Rs 4,29,198.61 crore. The stock has given a return of 29% in last 5 years and 36% in last 3 years. The stock has given a return of 10% in 30 days.

ITC has emerged as one of India's foremost private sector companies and a diversified conglomerate with businesses spanning Fast Moving Consumer Goods, Hotels, Paperboards and Packaging, Agri Business and Information Technology.

2. Page Industries Ltd

The stock climbed its new 52-week high on Friday at Rs 53,544 apiece. The current market price of the stock is 53,073 apiece with its 52-week high at Rs 53,544 apiece and 52-week low at Rs 31,615 apiece, respectively.

The company has a market capitalisation of Rs 59,197.40 crore. The company has given multibagger returns to investors with 5 years return at 178% and 3 years return at 122%. The stock has given a return of 6% in 30 days.

The company is located in Bangalore and is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution and marketing of the JOCKEY brand in India apart from other countries like Sri Lanka, Bangladesh, Nepal and the UAE.

3. Maruti Suzuki India Ltd

As markets have been falling, the stock touched its new 52-week high in Friday's trade at Rs 9450 apiece. The current market price of the stock is Rs 9343 apiece with a decline of 0.64% intraday.

The large cap company has a market capitalisation of Rs 2,82,260.59 crore. The stock has given a return of 15% in last 5 years and 35% in last 3 years. The stock has given a return of 7% in 30 days.

Maruti Suzuki India Ltd (Previously known as Maruti Udyog Ltd) is India's largest passenger car company, accounting for over 50% of the domestic car market.

4. Tube Investments of India Ltd

The stock has scaled its new 52-week high amid falling markets. The current market price of the stock is Rs 2770 apiece with a 52-week high at Rs 2851 apiece and 52-week low at Rs 1281 apiece, respectively.

The company has a market capitalisation of Rs 53,479.62 crore. The stock has delivered multibagger returns with 657% in 5 years and 85% in last 3 years. The stock has given a return of 32% in 30 days.

It is engaged in manufacturing of precision steel tubes and strips, automotive, industrial chains, car door frames, and bicycles etc. The mid cap company was incorporated in 2008.

5. Aditya Birla Fashion And Retail Ltd

The stock witnessed a new 52-week high on Friday at 347 apiece. The current market price of the stock is Rs 335 apiece with 52-week high at Rs 347 and 52-week low at Rs 213 apiece.

The company has a market capitalisation of Rs 31,478.51 crore. The stock has given a return of 104% in 5 years and 56% in last 3 years. It has surged 15% in just 30 days.

Aditya Birla Fashion and Retail Ltd. (ABFRL) emerged after the consolidation of the branded apparel businesses of Aditya Birla Group comprising ABNL's Madura Fashion division and ABNL's subsidiaries Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL) in May 2015.

Post the consolidation, PFRL was renamed Aditya Birla Fashion and Retail Ltd, according to its website.