These ten stocks are trading close to their 52-week high
52-week high refers to the highest market price of a given stock over a one year period.
The NSE Nifty 50 and BSE Sensex continued their downward trend for a second consecutive week, with HCL Technologies Ltd and Infosys Ltd. leading the list of Top Losers. The IT sector was particularly hit hard, as evidenced by the Nifty IT index, which plummeted nearly 6 per cent during a week dominated by Q3 earnings reports.
Among the notable performers, Hindalco Industries Ltd., NTPC Ltd., and Adani Ports and Special Economic Zone Ltd emerged as the week's Top Gainers. On the other hand, HCLTech, Infosys, Axis Bank Ltd., and Hindustan Unilever Ltd. were among the companies that saw the most significant drops.
On January 17, the frontline indices ended a three-day winning streak, closing lower in anticipation of third-quarter earnings from Tech Mahindra Ltd and Wipro Ltd. The Nifty50 closed down by 108.60 points, or 0.47 per cent, at 23,203.20, while the Sensex was down by 423.49 points, or 0.55 per cent, concluding at 76,619.33 level.
Throughout the trading session on Friday, the Nifty 50 dropped by 0.91 per cent, or 211.45 points, to reach 23,100.35. The Sensex also declined by 1.01 per cent, or 779.53 points, settling at 76,263.29.
In the Nifty 50 index, BPCL Ltd., Reliance Industries Ltd., Coal India Ltd, Hindalco Ltd., and Nestle Ltd. stood out as the top gainers. Infosys Ltd, Axis Bank Ltd, Kotak Mahindra Bank Ltd, Shriram Finance Ltd, and Wipro Ltd were among the top losers on Friday.
Here is the list of stocks that ended close to their 52-week high on January 17, 2025:
Company Name
|
LTP (Rs)
|
52-Weeks High (Rs)
|
Gap%
|
Atlas Cycles (Haryana) Ltd
|
150.76
|
150.76
|
0.00
|
BGR Energy Systems Ltd
|
131.25
|
131.25
|
0.00
|
Chandrima Mercantiles Limited
|
109.00
|
109.02
|
0.02
|
Thirdwave Financial Intermediaries
|
185.40
|
185.45
|
0.03
|
AFCOM Holdings Ltd
|
1,157.75
|
1,158.55
|
0.07
|
Jattashankar Industries Ltd
|
165.00
|
165.15
|
0.09
|
Avro India Ltd
|
230.00
|
230.35
|
0.15
|
Maagh Advertising And Marketing Services Ltd
|
37.10
|
37.20
|
0.27
|
GTV Engineering Ltd
|
701.00
|
703.00
|
0.29
|
D & H India Ltd
|
204.00
|
204.65
|
0.32
|
Disclaimer: The article is for informational purposes only and not investment advice.