RIL, ICICI Bank among 4 stocks which hit 52 week high on Monday

The stock market is constantly evolving, with companies experiencing fluctuations in their stock prices. On Monday, July 17, several BSE Sensex stocks reached their 52-week highs, signaling strong performance and potential investment opportunities. In this article, we will explore the companies that achieved this milestone, namely ICICI Bank, Nestle India, Reliance Industries, and Tech Mahindra.

1) ICICI Bank: ICICI Bank (LTP: 969.15) is a leading private sector bank in India known for its extensive banking services, including retail banking, corporate banking, and investment banking. The stock reached a 52-week high at 973.50, demonstrating its resilience and strong market presence.

2) Nestle India: Nestle India (LTP: 23,036.65) is a renowned food and beverage company offering a wide range of products, including popular brands like Maggi, Nescafe, and KitKat. With a 52-week high of 23,390.00, Nestle India has continued to captivate consumers and investors alike, showcasing its growth and brand loyalty.

3) Reliance Industries: Reliance Industries (LTP: 2,796.40) is a conglomerate with a diverse portfolio, including interests in petrochemicals, refining, oil, and gas exploration. As one of India's most valuable companies, Reliance Industries hit a 52-week high at 2,816.00, demonstrating its robust business model and market dominance.

4) Tech Mahindra: Tech Mahindra (LTP: 1,243.15) is a leading global IT and business process services company, providing a range of digital solutions to clients worldwide. The stock achieved a 52-week high of 1,270.35, reflecting its technological prowess and ability to meet the evolving needs of the digital era.

(Disclaimer: This is an AI generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)