5 Stocks Trading Near Their 52-Week High Price Ahead Of Budget 2023

BSE Sensex gained 458.44 points in morning trade to 60,008.62 and NSE Nifty also surged 130.45 points at 10:23 am. Meanwhile, 5 stocks are trading near their 52-week high prices. These stocks are Kirloskar Ferrous Industries Ltd , Indian Bank, Mahindra & Mahindra Ltd, Jindal Saw Limited, and Surya Roshni Ltd. Check details below:

1. Kirloskar Ferrous Industries Ltd

The current market price of Kirloskar Ferrous Industries is Rs 379.00 apiece. The stock's 52-week high is Rs 388.80 apiece while 52-week low is Rs 184.05 apiece, respectively. The company has a market capitalisation of Rs 5,291.05 crore.

In last 3-months, it gave a return of 42%, 72% in last 1-year, and 436% in last 3-years. The stock is currently trading very near its 52-week high price. The small cap stock operates in Metals-Ferrous sector.

2. Indian Bank

The current market price of Indian Bank is Rs 304.35 apiece with intraday fall of 0.15%. The stock's 52-week high is Rs 310.00 apiece and 52-week low is Rs 130.15 apiece, respectively.

It has a market capitalisation of Rs 37,948.59 crore. It rallied 22% in last 3-months, and almost 100% in last 1-year. In last 3-years, it rallied 205% thus doubling investment of investors.

3. Mahindra & Mahindra Ltd

The stock is also trading near its 52-week high price ahead of budget 2023. The current market price of the stock is Rs 1373.30 apiece with intraday decline of 0.38%. The stock's 52-week high is Rs 1,388.05 apiece and 52-week low is Rs 671.00 apiece, respectively. It has a market capitalisation of Rs 1,70,708.98 crore.

The large cap auto sector stock rallied 56% in last 1-year and 150% in last 3-years. It hit its new 52-week high also in trade on February 1, 2023.

4. Jindal Saw Ltd

The stock is trading near its 52-week high price range. The current market price of the stock is Rs 127.80 apiece with intraday gain of 2.20%.

Its 52-week high is Rs 128 apiece and 52-week low is Rs 75.10 apiece, respectively. The company has a market capitalisation of Rs 4,086.46 crore.

It rallied 60% in last 3-months, and 25% in last 1-year. The mid cap stock operates in Metal and Ferrous sector.

5. Surya Roshni Ltd

The last trading price of the stock is Rs 650.60 apiece with intraday gain of 0.99% ahead of union budget 2023. Its 52-week high is Rs 655 apiece and 52-week low is Rs 336 apiece, respectively.

It has a market capitalisation of Rs 3,539.85 crore. It surged 57% in last 3-months, 36% in last 1-year, and 281% in last 5-years.

Disclaimer

The stocks are trading near their 52-week high. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.