As many as 46 stocks hit 52-week highs, while 53 shares traded at their 52-week lows on Monday, December 30, as the broader markets remained mildly positive.
As of 12:05 pm, benchmark NIFTY was up 75.3 points, or 0.32%, at 23,888.7, while BSE SENSE traded 297.21 points, or 0.38%, higher, at 78,996.28.
The volatility index, also known as the India VIX, was up 3.32% at 13.68. Among sectoral indices, the NIFTY Bank was the biggest gainer, with gains of 1%, while the NIFTY Media was the top loser, down 0.9%.
Here’s a look at the major stocks that touched their 52-week highs and 52-week lows on Monday, December 30, 2024:
Bajaj Holdings and Investment (52-week high: ₹11,750)
Shares of
Bajaj Holdings and Investment Ltd, the Bajaj Group’s holding company, rose as much as 3.9% on Monday to hit their 52-week high of ₹11,750 apiece on the NSE. The stock has gained a cumulative 8% in the past five sessions as well and is up over 50% in the past one year.
The stock has seen an upswing since it announced late in November that it had picked up ₹29 crore worth of shares in three companies -- Tata Consultancy Services Ltd (TCS), Mphasis Ltd and Bharti Airtel Ltd.
Bajaj Holdings and Investment operates as an investment company. It holds strategic stakes of 33.43% in Bajaj Auto Ltd, 39.29% in Bajaj Finserv Ltd and 51% in Maharashtra Scooters Ltd (MSL).
Triveni Engineering and Industries (52-week high: ₹536)
Shares of
Triveni Engineering and Industries Ltd gained over 7% on Monday to hit their 52-week high of ₹536 apiece on the NSE, but soon erased all its gains to trade over 9% lower amid profit booking. The stock has jumped over 10% in the past five sessions and 23% in the past one month. In the past one year, the stock has gained more than 43%.
Other stocks that hit 52-week high: Laurus Labs Ltd, Ashoka Buildcon Ltd, Laxmi Goldorna House Ltd, Elgi Rubber Co. Ltd, Arihant Superstructures Ltd, Ami Organics Ltd, Allied Blenders and Distillers Ltd, Greaves Cotton Ltd, Man Infraconstruction Ltd, Orient Technologies Ltd, Univastu India Ltd and Worth Peripherals Ltd.
Alkyl Amines Chemicals (52-week low: ₹1,735)
Shares of
Alkyl Amines Chemicals Ltd dropped over 5% to a fresh 52-week low of ₹1,735 apiece on the NSE after the company reported an accident at one of its plants on Saturday that killed an employee. The company said that a residue tank at its derivatives plant in Pune ruptured, resulting in serious burn injuries to the attending officer. It also said that there could be a temporary disruption in the operations of the affected plant. The stock is down 9% in the past one month and over 33% in the past year.
Relaxo Footwears (52-week low: ₹616)
Shares of popular footwear brand
Relaxo Footwears Ltd dropped nearly 1% to hit their 52-week low of ₹616 apiece. The share price is down almost 9% in the past one month after falling close to 11% in the preceding one month. The decline in share price was triggered due to the company’s weak financials. For the second quarter of FY 2024-25 ended September 2024, Relaxo said that its net profit decreased 16.9% to ₹36.7 crore on 5% fall in revenue from operations to ₹679.4 crore compared to the year-ago period.
Other stocks that hit 52-week low: Allcargo Logistics Ltd, Berger Paints (I) Ltd, Dhampur Sugar Mills Ltd, Dish TV India Ltd, Everest Industries Ltd, Indian Railway Catering and Tourism Corp. Ltd, Subex Ltd, Odigma Consultancy Solutions Ltd, Nucleus Software Exports Ltd and IRM Energy Ltd.
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