These 3 Stocks Hit 52-Week Highs Today, Keep These Stocks on Your Radar for Friday, July 19, 2024

On Tuesday, the Indian benchmark indices concluded the trading day on a notably positive note, with the Sensex gaining by 0.76% to close at 81,343, and the Nifty rising by 0.76% to finish at 24,800. The broader market also experienced some gains, as the Nifty Mid-Cap closed in red by 0.96%, and the Nifty Small-Cap soared by 1.22%. Among the market performers, several stocks reached their 52-week highs, showcasing robust investor interest and market optimism.

Umang Dairies Ltd

Umang Dairies Ltd is currently trading at Rs 159.1, marking a significant 13.68% increase from its previous close of Rs 139.95. The stock hit an intraday high of Rs 165.4, which is also its 52-week high. The trading volume for the day was robust at 3,857,894 shares, reflecting strong investor interest. Over the past year, the company’s stock has shown impressive growth, delivering a return of 154.26%. With a market capitalisation of Rs 350.07 crore.

Incorporated in 1994, Umang Dairies manufacture and sells Dairy Products

Orient Cement Ltd

Orient Cement Ltd saw a strong performance today, with the stock reaching an intraday high and its 52-week high at Rs 332.9. It is currently trading at Rs 326.55, up by 7.74% from the previous close of Rs 303.1. The traded volume was high, with 7,946,932 shares changing hands. The stock has yielded a remarkable return of 117.89% over the past year. With a market capitalisation of Rs 6,698.72 crore.

Orient Cement Ltd is primarily engaged in the manufacture and sale of Cement and its manufacturing facilities at present are located at Devapur in Telangana, Chittapur in Karnataka and Jalgaon in Maharashtra.

Quick Heal Technologies Ltd

Quick Heal Technologies Ltd is currently trading at Rs 616.25, a notable 13.01% increase from its previous close of Rs 545.3. The stock reached an intraday high of Rs 633.3, which is also its 52-week high. The day’s trading volume was substantial, with 3,049,998 shares traded. Over the past year, the company’s stock has surged, providing a stellar return of 262.35%. With a market capitalisation of Rs 3,313.48 crore.

Quick Heal Technologies is engaged in the business of providing security software products. The Company caters to both domestic and international market.

These stocks’ performance underscores a buoyant market sentiment, reflecting investors’ confidence in the long-term growth potential of these companies.

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.