RIL, Angel One, Coal India hit 52-week highs

Pranati Deva
Updated: 21 Apr 2022, 11:31 AM IST
TL;DR.

Indian indices extended gains for the second straight session, rising around a percent on Tuesday on the back of firm global cues. This comes after a 5-day decline. The Sensex rose around 500 points or 0.9 percent in intra-day deals to its day's high of 57,537.30 while the Nifty added around 140 points or 0.8 percent to its day's high of 17,276.30. The gains were supported by rise in bluechips stocks like RIL, TCS, Infosys. Also, sectors like IT, pharma, PSU Banks, auto, added to the positive sentiment. Let's take a look at the top stocks that hit 52-week high in trade today:

Reliance Industries: The bluechip stock rose 2.1 percent in intra-day deals to hits its 52-week high of ₹2,776.40. The stock has risen over 9 percent in just 3 sessions. Brokerages expect continued upside in the stock in the near future. Goldman Sachs has a target price of ₹3,200 per share. 34 analysts polled by MintGenie also have a ‘buy’ call on the stock.

Coal India: The stock gained as much as 4.2 percent to hit its 52-week high of ₹207.55. It has rallied 11.5 percent just in the last 5 sessions and 60 percent in the last 1 year. 23 analysts polled by MintGenie have a 'buy' call on the stock.

Angel One: The scrip surged as much as 10.3 percent in intra-day deals to hit its 52-week high of ₹1,792.95. Just in April, the stock has advanced over 12 percent. It has skyrocketed nearly 380 percent in the last 1 year. Four analysts polled by MintGenie have a 'strong buy' call on teh stock.

NLC India: The stock rose 7 percent in intra-day deals to hit its 52-week high of ₹82.95. It has jumped 22 percent just in the last 5 session even though the markets were in the red. In the last 1 year, the stock has climbed 66 percent. However, 47 percent of analysts polled by MintGenie consider the stock to be of high risk.

Gujarat Alkalies and Chemicals: The stock jumped as much as 4.4 percent in intra-day deals to hit its 52-week high of ₹994.30. In the last 2 days, the stock has added 13 percent. It has climbed 130 percent in the last 1 year. However, 55.5 percent of analysts polled by MintGenie consider the stock to be of high risk.

First Published: 21 Apr 2022, 11:31 AM IST