Today the broader Index Nifty50 opened at 19497.45, 58 points up from the previous day’s closing levels of 19439.40, It touches an intraday high of 19507.70 and concluded the day on red with 55.1 points down at 19384.30. Meanwhile, the Sensex slashed by 223.94 points and closed the day at 65393.90.
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 |
Prv. 52-Week High Price Rs |
Prv. 52-Week High Date |
|
92.5 |
16.65 |
95.15 |
84.85 |
01-Aug-22 |
|
|
411 |
6.93 |
438 |
415 |
29-Aug-22 |
|
|
133.6 |
0.30 |
137.65 |
136.8 |
09-Dec-22 |
Kothari Petrochemicals Limited is an India-based company, which is engaged in producing Polyisobutylene in India. The Company has various grades of Polyisobutylene in India and is present in segments such as lubricant & dispersant, fuel additive, grease, adhesive, sealant, rubber manufacturing, personal care, masterbatch compounding, PVC pipe and fitting.
Today, the shares of the company zoomed by 16.65% and concluded the session at Rs 92.5 on NSE. The market cap of the company is Rs 543 Crore.
The company’s revenue grew by 26.37% in FY23 from Rs 382 Crore to Rs 482 Crore. Company’s Operating Profit is Rs 57 Crore with an operating profit margin of 12%. In FY23 company’s net profit was Rs 39 Crore. Its ROCE and ROE are 29.6% and 32.6%.
The stock has generated a modest return of 8.8% in the past year.
Sundaram Brake Linings Limited is engaged in manufacturing automotive, non-automotive, railways and industrial friction materials. It operates through the friction materials segment. It offers products, including brake lining, brake pad, and clutch facings.
Today, the shares of the company zoomed by 6.93% and concluded the session at Rs 411 on NSE. The market cap of the company is Rs 160 Crore.
The company’s revenue surged by 20.20% in FY23 from Rs 295 Crore to Rs 355 Crore. Company’s Operating Profit is Rs 3 Crore with an operating profit margin of 1%. The company’s net loss was Rs 5 Crore.
The stock has generated a modest return of 18% in the past year. Promoter holding in the company is 65.54%, whereas no stake is held by FIIs and DIIs, and the remaining portion which is 34.54% owned by public investors.
Castrol India Limitedis principally engaged in the business of manufacturing and marketing automotive and industrial lubricants and related services.
Today, the shares of the company were up by a mere 0.3% and concluded the session at Rs 133.6 on NSE. The market cap of the company is Rs 13259 Crore.
The company’s revenue significantly surged by 13.9% in FY22 from Rs 4192 Crore to Rs 4774 Crore. Its Operating Profit is Rs 1111 Crore with an operating profit margin of 23%. The company’s net profit was Rs 815 Crore. Its ROCE and ROE are 60.8% and 45.9%.
The stock has generated a return of 23% in the past year. Promoter holding in the company is 51%, whereas FIIs and DIIs hold 11.44% and 16.56%, respectively.
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.