Equitas Small Finance Bank hits 52-week high on RBI approval for stake buy

Equitas Small Finance Bank opened higher during the trade at ₹62 apiece compared to its previous closing price of ₹59.35; it then rose further to hit a one-year high of ₹63.90 in the early trade. For the September-ending quarter, the bank reported a two-fold jump in its net profit at ₹116 crore.

V-Guard Industries hits 52-week high; Brokerages see more upside

On December 09, V-Guard has signed a definitive agreement to acquire a 100% stake in Sunflame Enterprises for a consideration of ₹660 crore in an all-cash deal. According to ICICI Direct, V-Guard will benefit from this acquisition as its revenue from kitchen appliances will improve.

HUL records new 52-week high after acquiring stakes in two nutrition brand cos; brokerages place a ‘buy’ call

Shares of Hindustan Unilever hit a new 52-week high of ₹2,724.70 apiece in Friday's intra-day after the company announced the acquisition of a majority stake in OZiva and a 19.8% stake in Wellbeing Nutrition. The stock also ranks among the top gainers in the Nifty FMCG index, with a return of 16.5 percent in the past one year.

Bank of Baroda hit 52-week high last week; Doubled investors' wealth in 2022; Is further upside left in the stock?

At current levels, Bank of Baroda is trading 122.19% above its 52-week low of Rs. 77.5. The latest up move in the stock started on November 05 after the bank released its September quarter numbers, which exceeded analyst estimates.

17 stocks in the Nifty50 fell 20-45% from their 52-week highs; Wipro was the biggest laggard

In the Nifty 50 index, Wipro shares experienced the greatest decline by falling 46% from their 52-week high of ₹739.8. Other blue-chip IT stocks, such as Infosys, TCS, Tech Mahindra, and HCL, have also fallen between 24 and 45 percent from their 52-week highs.

These 12 BSE 500 stocks have doubled investors wealth in a year; Do you own any?

Shares of Bharat Dynamics have doubled investors' wealth in the last one year, surging from ₹375.10 to ₹875.90 levels, delivering a return of 133%. The stock started surging after the company signed a contract worth ₹3,131.82 crore with the Indian army.

Why have paper stocks gone by 80-170% in Just six months; Let's analyse

Importing all paper products, such as newsprint, handmade paper, and envelopes, among others, on or after October 1 will fall under the paper import monitoring policy, which will necessitate full registration under the scheme.

Softening raw material costs lift FMCG stocks; 40% of Nifty FMCG stocks are near 52-week highs

The Nifty FMCG index hit an new all time high of 43,928.90 on Tuesday. Two stocks in the Nifty FMCG Index increased by more than 50% in the last six months. Five stocks returned between 20% and 30%, while two stocks gained between 10% and 15%.

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Equitas Small Finance Bank hits 52-week high on RBI approval for stake buy

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