The markets are choppy but several stocks have seen significant run-up intra-day. In terms of 52-week performance, 47 stocks hit their 52-week highs, while 11 stocks reached their 52-week lows. As the market remained volatile, 114 stocks were seen in the upper circuit, while 24 stocks were in the lower circuit.
Some of the key stocks in the list of 47 that hit 52-week highs on NSE include Eicher Motors, HDFC Bank, SBI Cards.
Here is a look at the top 5 stocks that hit 52-week highs-
Eicher Motors
Eicher Motors made an impression today as its stock price surged by up to 1.9% intraday, reaching a 52-week high of Rs 5,630. Though the gains were slightly pared back, the share price of Eicher Motors remained 1.6% higher by mid-afternoon trading. Over the last month, Eicher Motors has been trending upwards. The stock has gained 28.26% over the past year and 15% YTD.
HDFC Bank
HDFC Bank also reached a new 52-week high today, rising over 1% intraday to hit Rs 1,883.80 per share. The stock’s performance today was driven by the announcement of its Q4 earnings due on April 19. The bank’s market capitalisation stands at Rs 14.2 lakh crore, with shares up 5% this year. HDFC Bank has shown 7.7% YoY growth in advances, taking the total under management to Rs 27.73 lakh crore as of March 31, 2024. The rise in deposits grew by 14.1% YoY.
SBI Cards and Payment Services
SBI Cards and Payment Services share price hit a fresh 52-week high of Rs 890.55, gaining nearly 1% intraday. Over the past year, SBI Cards has posted a 21.52% growth, with a 30.10% rise YTD. The share price of the company has surged 4.84% in the last 5 days .
AstraZeneca Pharma
Share price of AstraZeneca Pharma has been on an upward trajectory, reaching a 52-week high of Rs 9,167.50 today. The stock has gained 6% in the past 5 days, 8% in the last month, and 61% over the past year. On a YTD basis, the stock is up by 18%.
Chambal Fertilisers
Chambal Fertilisers has been another standout performer, hitting a new high of Rs 667.45 today. The stock surged 3.89% in the last 5 days, and 11.92% in the past month. Over the last 6 months, the stock has delivered a 29.32% growth, and has risen 73.29% over the past year. Chambal Fertilisers YTD performance has surged 28%.
Key gainers and losers in the Nifty 50
IndusInd Bank was the top gainer in the Nifty 50, rising by nearly 6%, followed by Axis Bank, which saw a 4% increase. Other notable gainers included Trent up 2% and HDFC Life and ONGC, both up by nearly 1.5%. On the flip side, Hindalco was the biggest loser, down 2%, followed by Maruti, Bajaj Finance, and Hero MotoCorp, all shedding about 1.5%-2%.
NSE market overview
As per the latest data from the NSE, the market has been active with a total of 2,898 stocks traded in today’s session. Despite the volatility in the broader market, there has been a positive skew with 1,848 stocks advancing, outnumbering the 971 decliners. Additionally, 79 stocks remained unchanged.