BHEL, Sobha, Adani Power among 34 stocks on BSE 500 hitting 52-week highs
Reliance, L&T, Century Textiles, Adani Power, Adani Transmission and YES Bank hit 52-week highs.
 "BHEL, Sobha, Adani Power among 34 stocks on BSE 500 hitting 52-week highs")
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Bharat Heavy Electricals Limited (BHEL), BEML, Thyrocare Technologies, Sobha, Bharat Forge are among 34 stocks from the BSE500 index hitting their respective 52-week highs on the BSE on Thursday.
Reliance Industries (RIL), Larsen & Toubro (L&T), Century Textiles, Adani Power, Adani Transmission, Adani Enterprises and YES Bank too touched 52-week highs in intra-day trade today.
The S&P BSE Sensex was down 0.3% at 29,862.
RIL hit a fresh 9-year high of Rs 1,435, up 1.4%, gaining for the sixth straight trading days. Since March 28, the stock rallied 15% as compared to 1.5% rise in the S&P BSE Sensex.
Reliance Jio Infocomm (Jio), a subsidiary of RIL, on March 31 said it had notched an unprecedented 72 million paid subscribers, and extended by a fortnight its deadline for migrating other subscribers to its paid offer.
The Street has welcomed the strong customer response to Reliance Jio’s offer and the company’s plan to extend its Prime offer by 15 days. As analysts were anticipating Jio to retain 50-60 million customers after the end of its free period, the Prime membership number of 72 million customers also surprised the Street, the Business Standard report suggests. CLICK HERE TO READ FULL REPORT.
Meanwhile, RIL, with the market capitalization (m-cap) of Rs 464,542 crore at 01:34 pm, was less than 2% away to grab the number one position in overall m-cap ranking. TCS m-cap stood at Rs 472,745 crore, the BSE data shows.
Sobha was up 4% to Rs 417, extending its Wednesday’s 17% surge after the real estate developer said the operational cash flow of the company remained healthy and positive during the fourth quarter of 2016-17 (Q4).
“Average price realisation is higher due to increased demand from higher valued products during the fourth quarter. It is encouraging to observe that the company has witnessed revival in demand in the Delhi-NCR market,” Sobha said in a Q4FY17 real estate operational update.
BHEL was up nearly 2% at Rs 174, after gaining 5% in past two trading days on BSE.
State-owned power equipment maker BHEL on Wednesday said it has added 45,254 MW capacity during the 12th Five Year Plan period (2012-17) beating the targets set for the company.
"Renewing thrust on accelerated project execution, BHEL has achieved a capacity addition of 45,274 MW of utility sets during the 12th five year plan, surpassing the Government's capacity addition target by 9%," BHEL said in a statement.
Reliance Industries (RIL), Larsen & Toubro (L&T), Century Textiles, Adani Power, Adani Transmission, Adani Enterprises and YES Bank too touched 52-week highs in intra-day trade today.
The S&P BSE Sensex was down 0.3% at 29,862.
RIL hit a fresh 9-year high of Rs 1,435, up 1.4%, gaining for the sixth straight trading days. Since March 28, the stock rallied 15% as compared to 1.5% rise in the S&P BSE Sensex.
Reliance Jio Infocomm (Jio), a subsidiary of RIL, on March 31 said it had notched an unprecedented 72 million paid subscribers, and extended by a fortnight its deadline for migrating other subscribers to its paid offer.
The Street has welcomed the strong customer response to Reliance Jio’s offer and the company’s plan to extend its Prime offer by 15 days. As analysts were anticipating Jio to retain 50-60 million customers after the end of its free period, the Prime membership number of 72 million customers also surprised the Street, the Business Standard report suggests. CLICK HERE TO READ FULL REPORT.
Meanwhile, RIL, with the market capitalization (m-cap) of Rs 464,542 crore at 01:34 pm, was less than 2% away to grab the number one position in overall m-cap ranking. TCS m-cap stood at Rs 472,745 crore, the BSE data shows.
Sobha was up 4% to Rs 417, extending its Wednesday’s 17% surge after the real estate developer said the operational cash flow of the company remained healthy and positive during the fourth quarter of 2016-17 (Q4).
“Average price realisation is higher due to increased demand from higher valued products during the fourth quarter. It is encouraging to observe that the company has witnessed revival in demand in the Delhi-NCR market,” Sobha said in a Q4FY17 real estate operational update.
BHEL was up nearly 2% at Rs 174, after gaining 5% in past two trading days on BSE.
State-owned power equipment maker BHEL on Wednesday said it has added 45,254 MW capacity during the 12th Five Year Plan period (2012-17) beating the targets set for the company.
"Renewing thrust on accelerated project execution, BHEL has achieved a capacity addition of 45,274 MW of utility sets during the 12th five year plan, surpassing the Government's capacity addition target by 9%," BHEL said in a statement.
| COMPANY | LATEST | 52 WK HIGH | PREV HIGH | PREV DATE |
| ADANI ENTERP. | 115.05 | 116.15 | 115.40 | 05-Apr-17 |
| ADANI POWER | 43.65 | 43.80 | 42.50 | 05-Apr-17 |
| ADANI TRANSMISSI | 72.85 | 73.50 | 72.50 | 05-Apr-17 |
| ASHOKA BUILDCON | 207.00 | 212.85 | 209.00 | 05-Apr-17 |
| B H E L | 176.40 | 177.00 | 172.00 | 21-Mar-17 |
| BEML LTD | 1400.00 | 1405.00 | 1380.00 | 03-Apr-17 |
| BHARAT ELECTRON | 166.45 | 166.75 | 166.50 | 17-Mar-17 |
| BHARAT FORGE | 1097.60 | 1108.85 | 1094.00 | 23-Feb-17 |
| CAN FIN HOMES | 2367.00 | 2399.60 | 2370.00 | 03-Apr-17 |
| CENTURY TEXTILES | 1056.15 | 1074.80 | 1068.00 | 05-Apr-17 |
| DCM SHRIRAM | 312.00 | 319.60 | 314.60 | 05-Apr-17 |
| DEWAN HSG. FIN. | 386.60 | 391.75 | 386.80 | 05-Apr-17 |
| EDELWEISS.FIN. | 171.85 | 175.95 | 172.15 | 05-Apr-17 |
| FUTURE CONSUMER | 34.55 | 35.55 | 33.85 | 05-Apr-17 |
| GIC HOUSING FIN | 444.00 | 451.00 | 428.80 | 05-Apr-17 |
| HONEYWELL AUTO | 11040.00 | 11350.00 | 11099.00 | 05-Apr-17 |
| ICICI PRU LIFE | 392.95 | 400.80 | 399.40 | 05-Apr-17 |
| IIFL HOLDINGS | 440.00 | 445.30 | 436.20 | 05-Apr-17 |
| INOX LEISURE | 298.50 | 304.85 | 304.50 | 05-Apr-17 |
| JUBILANT LIFE | 826.80 | 842.95 | 842.05 | 05-Apr-17 |
| KARNATAKA BANK | 146.85 | 147.60 | 146.40 | 05-Apr-17 |
| L&T FIN.HOLDINGS | 123.15 | 125.00 | 124.95 | 05-Apr-17 |
| LARSEN & TOUBRO | 1670.35 | 1701.50 | 1700.00 | 05-Apr-17 |
| LINDE INDIA | 424.00 | 431.00 | 427.45 | 05-Apr-17 |
| POWER FIN.CORPN. | 153.40 | 156.70 | 155.00 | 05-Apr-17 |
| PTC INDIA | 94.50 | 94.90 | 94.65 | 05-Apr-17 |
| RELIANCE INDS. | 1430.00 | 1434.75 | 1417.95 | 05-Apr-17 |
| RURAL ELEC.CORP. | 185.50 | 186.45 | 185.30 | 30-Mar-17 |
| SINTEX INDS. | 109.65 | 111.40 | 111.00 | 05-Apr-17 |
| SOBHA | 412.90 | 417.00 | 411.90 | 05-Apr-17 |
| TATA CHEMICALS | 609.40 | 615.00 | 613.00 | 05-Apr-17 |
| THYROCARE TECH. | 766.40 | 779.90 | 742.75 | 07-Feb-17 |
| V I P INDS. | 205.35 | 216.90 | 216.50 | 05-Apr-17 |
| YES BANK | 1562.20 | 1575.00 | 1569.85 | 05-Apr-17 |
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