October 15, 2024: 52-Week High Stocks: Aeroflex, Anant Raj, and Apar Industries Soar

A 52-week high is the highest price a stock or security reaches in a year. It helps investors compare the current price with past performance. When a stock reaches its 52-week high, it shows that the company is performing well. In this article, let’s look at the list of 52-week high stocks as of October 15, 2024. 

52 Week High Stocks

• Aeroflex Industries Ltd

Aeroflex Industries Ltd’s share price opened at ₹opened at ₹209.00 and closed at ₹207.59. Over the last 5 days, the share price has increased by 4.11%. In the past 6 months, it has given a return of 50.21%, while over the last year, the shares have shown a positive return of 36.30%. 

In Q1 FY25 results for the quarter ended June 30, 2024, revenue increased by over 10% to ₹955 crore, driven by growth in the wholesale channel and a 1.5% increase in retail sales. Gross margins improved by 80 basis points year-on-year to 55.2%, while EBITDA rose 19% to ₹123 crore, with a margin of 12.9%.

• Anant Raj Ltd

Anant Raj Ltd’s share price opened at ₹opened at ₹768.05 and closed at ₹782.00. Over the last 5 days, the share price has increased by 5.75%. In the past 6 months, it has given a return of 135.19%%, while over the last year, the shares have shown a positive return of 226.31%.

On September 21, 2024, Anant Raj Cloud, a subsidiary of Anant Raj Limited, was awarded the title of ‘Best Innovation in Data Center Design and Infrastructure’ at the Data Center Innovation Excellence Awards 2024. 

• Apar Industries Ltd

Apar Industries Ltd’s share price opened at ₹opened at ₹10,523.20 and closed at ₹10,933.00. Over the last 5 days, the share price has increased by 12.07%. In the past 6 months, it has given a return of 56.71%, while over the last year, the shares have shown a positive return of 98.91%. 

On September 3, 2024, APAR Industries Limited renewed its endorsement agreement with actor Sonu Sood to promote its cable and wire products as a Brand Ambassador. The company has also extended its agreement with Everest Brand Solutions Private Limited for the artist’s performance services.

• Arihant Academy Limited

Arihant Academy Limited’s share price opened at ₹198.90 and closed at ₹214.60. 

• ARVIND FASHIONS LTD

ARVIND FASHIONS LTD’s share price opened at ₹opened at ₹629.00 and closed at ₹634.00. Over the last 5 days, the share price has increased by 6.79%. In the past 6 months, it has given a return of 41.90%, while over the last year, the shares have shown a positive return of 76.36%. 

In its Q1 FY25 results for the period ending June 30, 2024. Key highlights include a revenue increase of over 10% to ₹955 crore, driven by the wholesale channel and a 1.5% rise in retail sales. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.