On Thursday, India’s benchmark index Sensex recorded its third-largest drop of 2024, falling by 1,770 points to close at 82,497. Despite this sharp decline, four stocks from the BSE 100 index reached their 52-week highs. Hitting a 52-week high is significant, as it marks the highest price a stock has achieved in the past year, offering important insights for traders and investors. This milestone is crucial for assessing a stock's current value and forecasting future price trends.
A) JSW Steel | New 52-week high: Rs 1,059.95 | CMP: Rs 1,039.8
B) Marico | New 52-week high: Rs 719.8 | CMP: Rs 698.55
C) Britannia Industries | New 52-week high: Rs 6,473.1 | CMP: Rs 6,310
D) Hindalco Industries | New 52-week high: Rs 772 | CMP: Rs 745
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