Stocks To Watch: Top Stocks Hit Fresh 52-Week High With Strong Short-Term Gain

Nifty and Sensex are marginally up today, as the US stock markets gained strongly in trade. However, here top 5 stocks have been discussed, that have hit fresh 52-week highs in trade. Check details to invest.

Shemaroo Entertainment Limited

The Current Market Price (CMP) of Shemaroo Entertainment stood at Rs. 173.65, gaining by 10.71% intra day. This stock has surged by 16.35% in the last 1 month, in the past 6 months surged by 30.22%, and surged by 16.86% in the past 1 year, amid volatility. However, according to data available with NSE, in Q1 FY23, the company's total income gained marginally at Rs. 9,356.29 lakh, as against Rs. 9,007.89 lakh in the previous quarter. But, this small cap entertainment company reported a poor net profit at Rs. 29.30 lakh in Q1 FY23, as against Rs. 215.76 lakh in Q4 FY22.

Apollo Micro Systems Ltd.

The Current Market Price (CMP) of Apollo Micro Systems Ltd. stood at Rs. 233.65, gaining by 8.10% intra day. This stock has surged by 44.72% in the last 1 month, gained by 52.86% in the last 6 months, and surged by 93.42% in the past 1 year. The company has recently informed the stock exchanges that the board approved issue of warrants to promoters and non-promoter group/person on preferential basis. Apollo Micro Systems is set to issue warrants at Rs. 183.30 a piece aggregating up to Rs. 185.13 crore.

Hindcon Chemicals Ltd.

The Current Market Price (CMP) of Hindcon Chemicals Ltd. stood at Rs. 138.20, gaining by 9.99% intra day. This multibagger stock has surged by 56.87% in the last 5 days, surged by 36.16% in the last 1 month, surged by 97.01% in the past 6 months, and surged by 93.02% in the past 1 year. Additionally, it has given 371.67% returns to the shareholders, showing a good long-term growth trajectory. It is a small cap stock with Rs. 141 crore market capitalization.

Zenith Exports Ltd

The Current Market Price (CMP) of Zenith Exports Ltd. stood at Rs. 150.60, gaining by 9.97% intra day. This multibagger stock has surged by 71.04% in the last 1 month, surged by 64.50% in the past 1 year, and surged by 180.97% in the past 5 years. The small cap stock has a Rs. 81 crore market capitalization.

JTEKT India Ltd

The Current Market Price (CMP) of JTEKT India Ltd. stood at Rs. 107.65, gaining by 5.33% intra day. The stock hit a fresh 52-week high at Rs. 114 a piece today. This stock has gained by 3.71% in the last 5 days, surged by 4.67% in the last 1 month, gained by 38.19% in the last 6 months, and surged by 16.19% in 2022. The small cap stock has a Rs. 2,641 crore market capitalization.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article.