The Economic Times daily newspaper is available online now.

    These 9 commodity stocks touch their new 52-week high, do you own any?

    Synopsis

    Nine stocks on the BSE commodities index hit new 52-week highs amidst a notable market surge, with Sensex closing at 63,143. The 52-week high is a crucial technical indicator used by traders and investors to evaluate a stock's current value and predict future price trends, representing the highest price of a stock traded over the past year. The stocks include Jindal Stainless, Linde India, and Ultratech Cement, among others, with gains of up to 22% over the last one month.

    These 9 commodity stocks touch their new 52-week high, do you own any?Agencies
    Fresh Peaks

    During Tuesday's trading session, the Sensex benchmark index witnessed a rise of 418 points, closing at a notable 63,143 level. Amidst this market surge, nine stocks listed on the BSE commodities index successfully reached new 52-week highs. The significance of the 52-week high lies in its role as a crucial technical indicator for traders and investors, enabling them to assess a stock's current value and forecast future price trends. Essentially, it represents the highest price at which a stock has been traded over the course of the past year.

    Jindal Stainless | New 52-week of high: Rs 331.7| CMP: Rs 328.3. In the last one month stock has gained about 18%.

    Kirloskar Ferrous Industries | New 52-week of high: Rs 491| CMP: Rs 488.5. In the last one month stock has gained about 7%.

    Linde India | New 52-week of high: Rs 4436.7| CMP: Rs 4401.15
    In the last one month stock has gained about 11%.

    Lloyds Metals & Energy | New 52-week of high: Rs 384.95| CMP: Rs 384
    In the last one month stock has gained about 18%.

    NCL Industries | New 52-week of high: Rs 206| CMP: Rs 201.3
    In the last one month stock has gained about 7%.

    The Ramco Cements | New 52-week of high: Rs 945| CMP: Rs 933.8. In the last one month stock has gained about 21%.

    Sarda Energy & Minerals | New 52-week of high: Rs 1401.2| CMP: Rs 1360.75. In the last one month stock has gained about 22%.

    Shree Digvijay Cement Company | New 52-week of high: Rs 86.81| CMP: Rs 84.81
    In the last one month stock has gained about 11%.

    Ultratech Cement | New 52-week of high: Rs 8318.95| CMP: Rs 8273.45
    In the last one month stock has gained about 7%.
    Experience Your Economic Times Newspaper, The Digital Way!
    • Front Page
    • Pure Politics
    • ET Markets
    • Smart Investing
    • More
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
    ...more
    The Economic Times

    Stories you might be interested in