Only Mid-Cap, Small-Cap Stocks Scale New 52-Week High Today: Details Inside

Four stocks hit their new 52-week high in trade today as BSE Sensex fell 843 points to end at 57147 and NSE Nifty declined 257 points to close the day at 16983 on Tueday, October 11, 2022. The stocks that scaled their new 52-week high are Tata Chemicals, Kalpataru Power Transmission, Praj Industries, Shree Renuka Sugars, and Star Cement. Check key takeaways below:

1. Tata Chemicals Ltd

The stock climbed its new 52-week high in trade today. The last trading price of the mid cap stock is Rs 1165 apiece with its 52-week high at Rs 1214 apiece and 52-week low at Rs 773 apiece, respectively. The stock opened at Rs 1210, touched intraday high at Rs 1214 and intraday low at Rs 1160 apiece.

The company has a market capitalisation of Rs 29,684.20 crore. The stock has given a return of 70% in 5 years and 96% in 3 years. The stock has given a return 38% in just 3 months.

Tata Chemicals currently is the world's third largest producer of soda ash with manufacturing facilities in India, United Kingdom, Kenya and the United States. We are also the sixth largest producer of sodium bicarbonate.

2. Kalpataru Power Transmission Ltd

The last trading price of the stock is Rs 445 apiece with its 52-week high at Rs 453 apiece and 52-week low at Rs 332 apiece, respectively. Today, the stock hit its new 52-week high at 453 apiece. The company has a market capitalisation of Rs 6,637 crore.

The stock has given a return of 25% in last 5 years and 8% in 1 year. In last 3 months, it has given a strong return of 26%. The mid-cap company came into existence in 1981 and operates in Power sector.

Kalpataru Power Transmission Limited (KPTL) is amongst the largest players in the power transmission and infrastructure EPC space worldwide.

3. Praj Industries Ltd

The stock also touched its new 52-week high today. The last trading price of the stock is Rs 434 apiece with the 52-week high at Rs 461 apiece and 52-week low at Rs 289 apiece, respectively. The market capitalisation of the small cap company is Rs 7,973 crore.

The stock has given a return of 507% in last 5 years and 304% in the last 3 years. The company was incorporated in 1985 and operates in Engineering sector. The company delivers know how license engineering design plant & equipment project management commissioning and customer care and turnkey projects.

It is engaged in the business of process and project engineering.

4. Shree Renuka Sugars

The stock climbed its new 52-week high in trade on Tuesday. The last trading price of the stock is Rs 63.90 apiece with its 52-week high at Rs 68 and 52-week low at Rs 24 apiece, respectively.

The company has a market capitalisation of Rs 13,601 crore. The company has given a return of 340% in last 5 years and 839% in last 3 years. In last 3 months, the stock has given a return of 30%.

The company came into existence in 1995 and operates in Sugar Sector. Shree Renuka Sugars Limited is an agri-business and bio-energy company. The company is engaged in the business of sugar manufacturing, sugar refining, sugar trading, ethanol and co-generation.

5. Star Cement Ltd

The stock climbed its 52-week high today in trade. The stock has given a return of 27% in last 3 months. The last trading price of the stock is Rs 110 apiece with 52-week high at Rs 113 apiece and 52-week low at Rs 81 apiece, respectively.

The company has a market capitalisation of Rs 4,445 crore. The mid-cap company came into existence in 2001 and operates in Cement sector.

Star Cement Limited is the leading cement company in North-Eastern India and one of the fastest growing cement brand in West Bengal & Bihar, acquiring strong foot hold in the Indian construction Industry. Part of Century Plyboards Group, the company has established itself as the most accredited brand in the region for providing high-quality cement and fair pricing.