5 IT stocks hit fresh 52-week highs; rally up to 55% in a month

On Wednesday, benchmark index Sensex saw a significant increase of approximately 394 points, ending the day at 66,473. During this upswing, 5 stocks from the BSE IT index reached their peak prices in the past 52 weeks.

The 52-week high holds significant significance for specific traders and investors as it functions as a vital technical gauge for evaluating a stock's current value and projecting potential price fluctuations. This value represents the highest price at which a stock was traded over the past year.