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Stock market today: SBI Cards, Chambal Fertilisers, Kotak Bank hit 52-week high; check details
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3 min read | Updated on March 25, 2025, 07:57 IST
SUMMARY
Shares of Chambal Fertilisers and Chemicals Ltd inched up 0.5% to hit their 52-week high of ₹622.6 apiece on the NSE on Tuesday. SBI Cards and Payment Services shares gained as much as 2.4% to hit their 52-week high of ₹875.7 apiece on the NSE. Here is a look at the stocks that hit a fresh 52-week high today.
SBI Cards and Payment Services gained as much as 2.4% to hit their 52-week high | Image: Shutterstock
NIFTY and SENSEX traded in the green for a seventh straight session on Tuesday, as many as 28 stocks hit their fresh 52-week highs on the National Stock Exchange of India (NSE).
As of 1:15 pm, the NIFTY50 index inched up 23 points, or 0.1%, to 23,681. The BSE SENSEX was also trading marginally higher, up 15 points to 77,999. The benchmark indices are now up close to 6% in the past seven sessions.
However, market breadth remained negative, with stocks trading in the red much higher than stocks trading in the green. Even among the sectoral indices, all the indices were trading in the red, except the NIFTY IT (up 1.5%).
SBI Cards and Payment (52-week high: ₹875.50)
The rise in the stock price came after the Payments Council of India (PCI) on Tuesday urged the government to review the Zero MDR (merchant discount rate) policy on UPI and RuPay debit card transactions, citing sustainability concerns. SBI Cards was also in the news after the company announced that it allotted 3,000 equity shares under ESOP on March 24.
Chambal Fertilisers and Chemicals (52-week high: ₹622.60)
Chemical stocks have seen an upswing in the past week after the Directorate General of Trade Remedies (DGTR) recommended the imposition of an anti-dumping duty on the imports of Acetonitrile from China, Russia and Taiwan for a period of five years on March 21. Acetonitrile is used to make pharmaceuticals, perfumes, rubber products, pesticides, acrylic nail removers and batteries, among other products.
Moreover, DGTR has also recommended an anti-dumping duty on the import of Pretilachlor, a herbicide, and roller chains from China.
TCPL Packaging (52-week high: ₹4,840)
TCPL Packaging is in the focus as the company has strengthened its operational footprint with a new facility in Chennai, designed to support long-term growth. The facility is dedicated to paperboard carton production and helps in improving the company’s logistics and service capabilities.
TCPL Packaging’s managing director Saket Kanoria said that the commissioning of the Chennai greenfield facility marks a key milestone in the company’s growth journey as it augments its ability to serve customers in a high-potential market while supporting the long-term vision for scalability and industry leadership.
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