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Top 7 Govt-Owned Stocks That Hit Their New 52-Week High
Despite a decline in the BSE Sensex, 7 leading PSU stock hit their new 52-week high in trade today. Sensex fell by 415 points to close at 62,868 while Nifty declined by 116 points to end at 18, 696. The 7 PSU stocks that touched their new 52-week high are Bank of Baroda, Bank of India, Bharat Heavy Electricals, Hindustan Aeronautics, Indian Bank, Power Finance Corporation, and Punjab & Sind Bank. Check key details below:
1. Bank of Baroda
The stock hit its new 52-week high in trade today at 174.25 apiece. The stock closed at 171 apiece with a decline of 0.35%. The baking stock has a market capitalisation of Rs 88,533.72 crore. It has given maximum return of 94%.
2. Bank of India
The last trading price of the stock is Rs 84.50 with a gain of 1.68% intraday. The stock touched its new 52-week high in trade today at 85.60 apiece. The banking company has a market capitalisation of Rs 34,675 crore. The stock has given maximum return of 66% in just last 3-months.
3. Bharat Heavy Electricals
The Engineering sector stock hit its new 52-week high in trade today when it touched the day's high of 91.25 in trade today. The last trading price of the stock is Rs 90.55 apiece with a sharp gain of 6.91% intraday. The company has a market capitalisation of Rs 31,530 crore. The stock has given maximum 77% return in last 3-years.
4. Hindustan Aeronautics
The defence sector stock scaled its new 52-week high in trade today when it touched the level of 2807 apiece in day's trade today. The last trading price of the stock is Rs 2774 apiece with intraday gain of 0.71%. It has a market capitalisation of Rs 92,765.78 crore. The stock has given maximum 255% return in last 3-years.
5. Indian Bank
The leading PSU Banking stock hit its new 52-week high in trade when it scaled the day's high of Rs 284 apiece. The last trading price of the stock is Rs 282 with intraday gain of 2.19%. It has a market capitalisation of Rs 35,127 crore. It has given maximum return of 123% in last 3-years.
6. Power Finance Corporation
The power sector stock also touched its new 52-week high in trade. Its last trading price is Rs 139 apiece and it touched the day's high and 52-week high at Rs 139 apiece. The company has a market capitalisation of Rs 36,776 crore. The maximum return it has given at 22% in last 3-years. It jumped 20% in last 3-months.
7. Punjab & Sind Bank
The PSU Banking stock scaled its new 52-week high in trade when it touched the day's high at Rs 24 apiece. Its last closing price is Rs 23 apiece. It has a market capitalisation of Rs 15, 758 crore. The maximum return it has given at 49% in last 3-months.
Disclaimer
The above stocks hit their new 52-week high in trade today. 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.
