Breaking the trend! These 4 Nifty50 stocks hit 52-week highs in April and May

Updated: 10 May 2022, 07:55 AM IST
TL;DR.

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PowerGrid Corporation: The power stock hit its 52-week high of 244.80 on May 5, 2022. It has been in focus on the back of rising power demand due to the heatwave across the country. It has risen 48 percent in the last 1 year and 7 percent just in May despite weakness across markets.

Sun Pharma: The pharma stock hit its 52-week high of 967 on April 29, 2022. However, it has lost around 9 percent from its 52-week high and is currently trading around 886. The stock has added 29 percent in the last 1 year but is down around 5 percent in May.

NTPC: The stock hit its 52-week high of 166.35 per share on April 19, 2022, but has declined over 5 percent from its peak to currently trade around 157. It has jumped 51 percent in the last 1 year and around 2 percent in May.

ITC: The stock hit its 52-week high of 273 on April 11, 2022. However, it has fallen around 4 percent from its peak to currently trade around 262 per share. It has dded 30 percent in the last 1 year and just 1 percent in May.

First Published: 10 May 2022, 07:55 AM IST