Infosys, Bajaj Auto, Hero MotoCorp, Yes Bank, Zee Entertainment hit 52-week high

Asian Paints, IndusInd Bank and Kotak Mahindra Bank from Nifty 50 index hit 52-week highs in intra-day trade.

Infosys, Asian Paints, Bajaj Auto, Hero MotoCorp, IndusInd Bank, Yes Bank, Kotak Mahindra Bank and Zee Entertainment Enterprises are eight stocks from the Nifty 50 index touching their respective 52-week highs on the National Stock Exchange (NSE) in intra-day trade today.

Of these, five stocks - Infosys, Asian Paints, IndusInd Bank, Kotak Mahindra Bank and Yes Bank are quoting at their lifetime highs on the NSE.

Nifty 50 index hit an intra-day high of 8,262, its highest level since October 26, 2015. In the past nine trading sessions, the index has gained 6.9% from 7,731 on May 23, after companies reported better-than-expected results for the quarter ended March 2016 (Q4FY16).

Include, Bajaj Finance, Godrej Consumer Products, Manappuram Finance, MphasiS, Muthoot Finance, Pidilite Industries, Sharda Cropchem, Shree Cement, SKS Microfinance and V-Guard Industries are among 26 stocks from Nifty 500 index too hit their 52-week highs.

Shares of two-wheelers maker - Hero MotoCorp and Bajaj Auto - were up 2% each at Rs 3,211 and Rs 2,659, respectively in intra-day trade on the NSE.

Hero MotoCorp on Thursday said a good monsoon after two consecutive years of sub-normal rains could lead to a change in sentiments in the rural markets, which may lead to a positive turn-around in the industry in the second half of this fiscal.

Three private sector banks – Yes Bank, IndusInd Bank and Kotak Mahindra Bank – trading at their lifetime highs after reported a good set of numbers for Q4.

V-Guard Industries hit a record high of Rs 1,430, surging 52% since May 2, post Q4 results. The company reported more than doubled net profit of Rs 42 crore for Q4FY2016, driven by healthy revenue growth and strong margin expansion. The management said the business outlook remains positive during the first half of the current fiscal (FY16-17).

COMPANY	LTP	52 WK HIGH	PREV HIGH	PREV DATE
ANANT RAJ	53.4	54.3	47.9	11-Aug-15
ASIAN PAINTS	1023.35	1032.1	1029	02-Jun-16
BAJAJ AUTO	2641.1	2659.15	2656	23-Jul-15
BAJAJ FIN.	8058.65	8084.85	8000	02-Jun-16
CAPITAL FIRST	567.35	577.5	570	02-Jun-16
DCM SHRIRAM	201.5	205.35	203.35	30-May-16
GODREJ CONSUMER	1562.8	1570	1550	02-Jun-16
HEIDELBERG CEM.	108.95	110	106	01-Jun-16
HERO MOTOCORP	3192.95	3211.15	3172	13-Apr-16
IIFL HOLDINGS	228	230	225.95	14-Jul-15
INDUSIND BANK	1122.85	1132.5	1124.9	02-Jun-16
INFOSYS	1273.35	1279.3	1274.9	02-Jun-16
KOTAK MAH. BANK	761	761.35	754.5	30-May-16
MANAPPURAM FIN.	56.5	56.65	55.8	01-Jun-16
MPHASIS	565	583	559.5	02-Jun-16
MUTHOOT FINANCE	258.5	259.7	247	01-Jun-16
OMAXE	156.6	157.2	157.2	02-Jun-16
PIDILITE INDS.	716.7	724.75	722.9	01-Jun-16
SHARDA CROPCHEM	370.15	377.9	374	27-May-16
SHREE CEMENT	13737.2	13980	13888	13-May-16
SKS MICROFINANCE	674.8	675.8	667	02-Jun-16
T N NEWSPRINT	287	291.9	287.65	30-May-16
TATA MOTORS-DVR	318.75	319.25	318	01-Jun-16
UPL	614.85	616.95	612.95	13-May-16
V-GUARD INDS.	1402.05	1429.75	1398	02-Jun-16
YES BANK	1046.05	1059.8	1052.5	02-Jun-16
ZEE ENTERTAINMEN	459.65	461.8	458.95	16-May-16
Stocks from Nifty 500 index that hit 52-week highs
LTP : Last traded price (Rs) on NSE at 11:24 AM