Market Rally: These 4 stocks record new 52-week highs, surge up to 22% in a month

On Wednesday, benchmark index Sensex saw a rise of about 242 points, scaling 61,275. In tune with this rally, four stocks from the BSE 500 index achieved new 52-week highs.

The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement