return to news
  1. Against the tide: Vodafone Idea, Ather Energy, RR Kabel among 10 stocks that hit 52-week highs

Market News

Against the tide: Vodafone Idea, Ather Energy, RR Kabel among 10 stocks that hit 52-week highs

SUMMARY

Vodafone Idea, Ather Energy, IFCI, and RR Kabel were among 10 stocks that hit 52-week highs despite an overall weak market sentiment. Here's what investors should know.

The Indian stock market was trading lower on June 3, triggered by the massive selloff in IT stocks on profit booking cues. | Photo: Shutterstock

The Indian stock market was trading lower on June 3, triggered by the massive selloff in IT stocks on profit booking cues. | Photo: Shutterstock

Buck the trend: Stocks like Ather Energy, Vodafone Idea, RR Kabel, IFCI, were among other stocks which outperformed the overall weak market trend that was triggered by the massive selloff in IT stocks on profit booking cues.
Open FREE Demat Account within minutes!
Join now

The selloff, along with the uncertain investor sentiment due to the reports of fresh tariffs on India, a weaker Indian rupee, foreign investor outflows and elevated crude oil prices, further weighed down the upside of the major indices.

The benchmark NIFTY50 was trading 0.4% lower at 23,389 points during Wednesday’s trading session, compared to 23,483.55 points at the previous market close, according to NSE data.

While the SENSEX index was trading 0.49% lower at 74,241 points during the afternoon trading session, compared to 74,649.84 points at the previous market close, as per NSE data.

List of 52-week high stocks today

1. Ather Energy: Ather Energy shares surged 8.9% to hit a 52-week high of ₹1,047 during the trading session on Wednesday, compared to ₹960.60 at the previous market close, according to NSE data.

On a YTD basis, Ather Energy shares have gained 40% in 2026 and have risen 11% in the last one month period. The company’s shares have delivered nearly 9% returns in the last five trading sessions.

On May 27, the company incorporated its insurance business via a subsidiary named ‘Ather Insurance Ltd’, to operate in the sector as a corporate agent. With this business vertical, the subsidiary will offer and facilitate insurance policies in the market.

2. Vodafone Idea: Vodafone Idea shares surged 6.5% to ₹15.09 on June 3, compared to ₹14.16 at the previous stock market close, as per exchange data.

So far in 2026, Vodafone Idea gained 28%, and has risen 45% in the past one month. The company’s stock was trading 5% higher in the last five market sessions.

The stock has been gaining momentum since the positive Q4 results for the year ended 2025-26, where the company posted a consolidated net profit of ₹51,970 crore due to the relief in statutory liabilities.

3. IFCI: IFCI shares gained 13% to an intraday high of ₹81.19 during the trading session on June 3, compared to ₹71.64 in the same period a year ago, as per an exchange filing.

Shares of IFCI have delivered 51% returns so far in 2026, and have risen 36% in the last one month. The company’s stock was trading 17% higher in the last five trading sessions.

4. HFCL: HFCL shares surged 5% to hit their 52-week high and upper circuit of ₹199.43 on Wednesday, compared to ₹189.94 at the previous market close, according to NSE data.

On a year-to-date basis, HFCL shares have gained 188% in 2026. The company’s shares were up 71% in the past one month, and were trading more than 14% in the last five market sessions.

Latest filings showed HFCL secured a ₹135.09 crore contract order to carry out annual maintenance work in the OPS network infrastructure in the upcoming five years.

5. Chennai Petroleum Corporation: Chennai Petroleum Corp shares surged 7.3% to an intraday high of ₹1,225 during the trading session on Wednesday, compared to ₹1,141.60 at the previous market close.

Shares of Chennai Petroleum gained 41% so far in 2026, and have risen 5.9% in the last one month period. The company’s stock was trading 13.4% higher in the past five stock market sessions.

Chennai Petroleum’s financial statements for the Q4 results showed that the company recorded a net profit of ₹1,400 crore, compared to a profit of ₹450 crore in the same quarter a year ago. The company’s gross refining margins improved to $13.75 per bbl in Q4, from $6.22 per bbl in the same period a year earlier.

6. RR Kabel: RR Kabel stock surged more than 6% to hit an intraday high of ₹2,146 on Wednesday, compared to ₹2,023 at the previous market close, as per the exchange data.

The cable maker’s stock was up 45% higher so far in 2026, and has gained 36% in the past one-month period. RR Kabel shares were trading 9.9% higher in the last five market sessions.

In the March quarter, the company’s earnings before interest, tax, depreciation and amortisation (EBITDA) margin expanded to 8.9% YoY from earlier 8.8% amid the overall healthy domestic and export demand trend. Annually, the EBITDA margin grew by 171 basis points.

7. The Jammu & Kashmir Bank: J&K Bank shares surged nearly 5% to its 52-week high of ₹149 during the trading session on June 3, compared to ₹141.92 at the previous market close, as per the exchange data.

Shares of J&K Bank have gained 47% on a year-to-date basis, and have risen 15% in the past one month. The company’s stock was trading 3.4% higher in the last five market sessions.

In May 2026, Kotak Mahindra Bank received the Reserve Bank of India (RBI) approval to acquire 9.99% of the paid-up share capital of voting rights stake in J&K Bank.

8. Aditya Infotech: Aditya Infotech shares hit their 52-week high of ₹3,374.30 on Wednesday, June 3, after surging 5% to also hit the upper price band level during the trading session.

NSE data showed that Aditya Infotech shares gained 120% so far in 2026, and have risen 44% in the past one month. The company’s stock was trading 26% higher in the last five trading sessions on the Indian stock market.

Industrial products maker, Aditya Infotech, which is the parent company of the CP Plus brand in engaged in developing several technology solutions, including hardware and software development.

The security camera maker also disclosed that it will increase the average sales price of its products by 25% in the financial year ending 2026-27.

9. Syrma SGS Technology: Syrma SGS Technology shares surged over 4% to hit a 52-week high of ₹1,214.80 on Wednesday, compared to ₹1,166.80 at the previous market close.

Shares of Syrma SGS Technology have delivered 66% returns so far in 2026, and have gained 25% in the last one month. The company’s stock was trading 13% higher in the last five trading sessions on NSE.

The company’s financial statements showed that Syrma SGS Technology expanded its EBITDA margins to 12.6%, while increasing its operations level EBITDA by 43% YoY to ₹186 crore in the March quarter.

With 25% of the company’s operating revenues coming from exports, the company’s profits advanced 8.1% to ₹119 crore in the fourth quarter.

10. Apar Industries: Apar Industries shares surged over 6% to a 52-week high of ₹14,080 on Wednesday, compared to ₹13,270 in the same period a year ago, as per NSE data.

The exchange data also showed that the company’s stock has gained 62% year-to-date, and has risen 9.5% in the past one month. Apar Industries shares were trading 0.6% higher over the last five trading sessions.

The company’s filings suggest that although the net profits witnessed a marginal growth to ₹254 crore in the fourth quarter, from ₹250 crore, the overall revenue from the core operations of the company expanded 26% YoY.

The revenue from operations improved due to the company’s sustained domestic business and its scale-up operations in the US markets, resulting in higher realisations.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

Next Story