These 4 auto stocks hit a 52-week high on Wednesday; rally up to 11% in a month

Ritesh Presswala, ETMarkets.com

Nov 15, 2023

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During Wednesday's trading session, the Sensex benchmark index witnessed a surge of around 742 points, concluding the day at 65,676. Amidst the market rally, four stocks from the BSE auto index reached their highest prices in the last 52 weeks. The 52-week high holds significant importance among traders and investors as a key technical indicator for evaluating a stock's present value and predicting potential price shifts. It signifies the highest price at which a stock has traded in the preceding year.

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Bajaj Auto | New 52-week high: Rs 5551.05 | CMP: Rs 5519

In the last one month, the stock has gained about 9%.

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Balkrishna Industries | New 52-week high: Rs 2655 | CMP: Rs 2633.1

In the last one month, the stock has gained about 2%.

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Eicher Motors | New 52-week high: Rs 3860 | CMP: Rs 3847.55

In the last one month, the stock has gained about 11%.

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TVS Motor Company | New 52-week high: Rs 1676.4 | CMP: Rs 1671.4

In the last one month, the stock has gained about 4%.

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