Today the broader Index Nifty50 opened at 19493.45, a flat opening from the previous day’s closing levels of 19413.75, It touches an intraday high of 19595.35 and concluded the day on green with 150.75 points up at 19564.50. Meanwhile, the Sensex surged by 502 points and closed the day at 66060.90. The S&P BSE Sensex touched an all-time high of 66159.79.
In this article we will explore the stocks that have reached new 52-week highs, taking into consideration the previous 52-week prices recorded by the company in the year 2022.
|
Company Name |
CMP Rs |
% Change |
New 52-Week High Price Rs |
Previous 52-Week High Price Rs |
Previous 52-week high date |
|
5,765.0 |
6.3 |
5,823.9 |
5,625.0 |
22-Aug-22 |
|
|
268.3 |
20.0 |
268.3 |
255.0 |
01-Sep-22 |
|
|
513.0 |
16.9 |
526.6 |
524.0 |
20-Oct-22 |
Gillette India Ltd is a well-known company in the grooming and oral care segment, specialising in the manufacturing and sale of packaged fast-moving goods. It sells razors and blades, shaving gel, shaving cream, and various grooming products.
Today, the shares of the company zoomed by 6.3% and concluded the session at Rs 5765 on NSE. The market cap of the company is Rs 18785 Crore.
The company’s revenue grew by 26.37% in FY22 from Rs 1982 Crore to Rs 2223 Crore. Company’s Operating Profit is Rs 483 Crore with an operating profit margin of 22%. The net profit was Rs 289 Crore. Its ROCE and ROE are 51.2% and 35.1%.
The stock has generated a modest return of 15% in the past year.
Ritco Logistics Ltd provides surface logistics services, including transportation of cargo and warehousing services. The company caters to a wide range of industries such as petrochemicals, steel, textiles, pharmaceuticals, petroleum, and automobile, among others.
Today, the shares of the company zoomed by 20% and concluded the session at Rs 268 on NSE. The market cap of the company is Rs 656 Crore.
The company’s revenue grew by 27.9% in FY23 from Rs 587 Crore to Rs 751 Crore. Company’s Operating Profit is Rs 53 Crore with an operating profit margin of 7%. The net profit was Rs 25 Crore. Its ROCE and ROE are 15.4% and 18.1%.
The stock has generated a remarkable return of 103% in the past year.
Indo-National Ltd is a company involved in the manufacturing and sale of various products related to batteries and lighting. Their product portfolio includes dry cell batteries, rechargeable batteries, flashlights, and general lighting products such as LED bulbs, tube lights, and other lighting fixtures.
Today, the shares of the company zoomed by 16.9% and concluded the session at Rs 513 on NSE. The market cap of the company is Rs 384.75 Crore.
The company’s revenue grew by a mere 0.32% in FY23 from Rs 570 Crore to Rs 572 Crore. Company’s Operating Profit is Rs 15 Crore with an operating profit margin of only 3%. The company posted a net loss during the same period of Rs 8 Crore.
The stock has generated a remarkable return of 43% in the past year.
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.