Godrej Consumer Products, Indiabulls Real Estate, Kansai Nerolac Paints, Larsen & Toubro Infotech, Kalpataru Power Transmission, Mangalore Refinery and Petrochemicals, Poddar Housing and Development, Rajesh Exports, Quess Corp, Rural Electrification Corporation, SKIL Infrastructure, The South Indian Bank, Vijaya Bank, The Western India Plywoods and Tourism Finance Corporation of India were among 104 stocks that hit their 52-week high on NSE on Tuesday as domestic equities market ended flat. The BSE Sensex ended below the 30,000-mark, by ending 7.10 points up at 29,933.25.
The broader Nifty settled the day 2.80 points higher at 9,316.85. On its movement, Sameet Chavan (chief analyst- technical and derivatives, Angel Broking) said, “It was yet another day of consolidation for our markets; in fact, today’s price range was thinner than the previous one. This lackluster move was very much in-line with global bourses and hence, the index eventually ended the session tad above the previous close.”
Stocks of Godrej Consumer Products Ltd (GCPL) hit 52-week high after the company posted over three-fold jump in consolidated net profit to Rs 389.91 crore for the fourth quarter ended March 31, 2017 driven by strong sales growth in most categories. The share price of the company ended 9.39 per cent up at 1,919 on NSE.
Bigbloc Construction, Cadila Healthcare, Central Bank of India, Crompton Greaves Consumer Electricals, Eicher Motors, DLF, Gillette India, J.Kumar Infraprojects, Procter & Gamble Hygiene and Health Care, SKIL Infrastructure, Shree Cements and Walchandnagar Industries were among other stocks that hit their 52-week high.
However, Spacenet Enterprises India, Urja Global, Green Fire Agri Commodities, FCS Software Solutions, Ortel Communications, Spacenet Enterprises India and Lupin were among 16 stocks that hit their 52-week low on NSE today.