In Wednesday's trade, the benchmark index Sensex rose 85 points, to close at 63,228. Amidst this rally, seven stocks listed in the BSE financial services index achieved new highs within the past 52 weeks. The significance of a 52-week high lies in its role as a crucial technical indicator for investors and traders, granting them the capability 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 preceding year.
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2/8
IDFC | New 52-week of high: Rs 105.85 | CMP: Rs 103.5.
In the last one month stock has gained about 16%.
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3/8
IDFC First Bank | New 52-week of high: Rs 76.96 | CMP: Rs 76.78.
In the last one month stock has gained about 17%.
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4/8
L&T Finance Holdings | New 52-week of high: Rs 112.7 | CMP: Rs 112.1.
In the last one month stock has gained about 17%.
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5/8
One97 Communications | New 52-week of high: Rs 863.95 | CMP: Rs 856.65.
In the last one month stock has gained about 25%.
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6/8
Power Finance Corporation | New 52-week of high: Rs 204.45 | CMP: Rs 200.95.
In the last one month stock has gained about 22%.
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7/8
Suryoday Small Finance Bank | New 52-week of high: Rs 175 | CMP: Rs 172.05.
In the last one month stock has gained about 35%.
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8/8
Ujjivan Financial Services | New 52-week of high: Rs 401.55 | CMP: Rs 390.5.
In the last one month stock has gained about 29%.
