Shree Cement, Motherson Sumi, Sundram Fasteners hit 52-wk highs
As many as 49 stocks from the BSE500 index hit their 52-week highs today.
 "Shree Cement, Motherson Sumi, Sundram Fasteners hit 52-wk highs")
premium
Shares of Shree Cement, Motherson Sumi Systems, Aegis Logistics, Godrej Properties, HFCL, and Sundram Fasteners from the S&P BSE500 index hit their respective 52-week highs on the BSE on Tuesday. These stocks surpassed their previous high recorded between December 2019 and February 2020.
Besides these, as many as 49 stocks from the BSE500 index hit 52-week highs today. Of these, 21 stocks including Adani Gas, Affle India, Granules India, ICICI Lombard General Insurance, JK Cement, Tech Mahindra, Ramo Cement, Asian Paints, and Divi’s Laboratories touched their respective record highs.
Motherson Sumi Systems gained 6 per cent to Rs 157.50, surpassing its previous high of Rs 151 hit on January 9, 2020. At the analyst meet held recently, Motherson Sumi Systems said it was targeting $36 billion in group revenues by FY25E, including a 25 per cent contribution from non-automotive space. It also aims to be highly capital efficient with a targeted group RoCE of 40 per cent. Other ambitions outlined included a 40 per cent consolidated dividend payout ratio and continued business de-risking via 3CX10 i.e. no component, country, or customer to form more than 10 per cent of revenues.
Sundram Fasteners, too, hit a 52-week high of Rs 553, surging 7 per cent in intra-day trade on the BSE. The stock of the auto ancillary company surpassed its previous high of Rs 533 recorded on January 27, 2020. The company, part of the TVS group (led by Mr Suresh Krishna), is a leading automotive component supplier. It dominates the domestic fasteners market accounting for a sizeable market share.
| COMPANY | LATEST | 52 WK HIGH | PREV HIGH | PREV DATE |
| ABB POWER PRODUC | 1279.85 | 1295.95 | 1173.30 | 27-Nov-20 |
| ACC | 1740.10 | 1788.05 | 1757.25 | 23-Nov-20 |
| ADANI ENTERP. | 421.25 | 422.50 | 415.30 | 24-Nov-20 |
| ADANI GAS | 363.00 | 371.70 | 366.15 | 23-Nov-20 |
| ADANI PORTS | 424.65 | 425.75 | 416.05 | 27-Nov-20 |
| AEGIS LOGISTICS | 259.85 | 269.00 | 266.95 | 19-Feb-20 |
| AFFLE INDIA | 3591.25 | 3591.25 | 3467.90 | 24-Nov-20 |
| ALKYL AMINES | 3955.00 | 4099.85 | 4092.20 | 27-Nov-20 |
| APL APOLLO TUBES | 3474.25 | 3493.05 | 3472.25 | 27-Nov-20 |
| APOLLO TYRES | 185.40 | 188.00 | 185.35 | 27-Nov-20 |
| ASIAN PAINTS | 2231.50 | 2260.00 | 2249.60 | 09-Nov-20 |
| BAJAJ ELECTRICAL | 586.50 | 594.85 | 582.75 | 19-Nov-20 |
| CADILA HEALTH. | 454.30 | 461.00 | 458.85 | 27-Nov-20 |
| CARBORUNDUM UNI. | 381.75 | 389.80 | 361.95 | 23-Nov-20 |
| CERA SANITARY. | 3261.00 | 3318.25 | 3150.00 | 17-Nov-20 |
| CHAMBAL FERT. | 203.40 | 207.80 | 204.90 | 27-Nov-20 |
| DALMIA BHARATLTD | 1153.00 | 1195.70 | 1110.00 | 27-Nov-20 |
| DEEPAK NITRITE | 874.35 | 895.00 | 888.00 | 18-Sep-20 |
| DIVI'S LAB. | 3627.10 | 3760.00 | 3655.00 | 27-Nov-20 |
| EMAMI | 445.35 | 461.45 | 447.25 | 27-Nov-20 |
| FINOLEX INDS. | 622.40 | 643.90 | 640.10 | 18-Nov-20 |
| FIRSTSOUR.SOLU. | 78.15 | 80.80 | 80.00 | 27-Nov-20 |
| GODREJ PROPERT. | 1188.55 | 1209.00 | 1188.00 | 05-Feb-20 |
| GRANULES INDIA | 429.50 | 438.00 | 424.90 | 25-Nov-20 |
| GRASIM INDS | 904.85 | 908.35 | 885.40 | 27-Nov-20 |
| HFCL | 19.50 | 20.10 | 20.00 | 02-Dec-19 |
| HINDALCO INDS. | 225.50 | 231.25 | 231.10 | 26-Nov-20 |
| ICICI LOMBARD | 1481.65 | 1500.00 | 1474.95 | 27-Nov-20 |
| INDIAN ENERGY EX | 218.80 | 221.90 | 219.05 | 16-Sep-20 |
| INFO EDG.(INDIA) | 4215.00 | 4424.85 | 4371.80 | 27-Nov-20 |
| J K CEMENTS | 2053.80 | 2100.00 | 2063.75 | 27-Nov-20 |
| K E C INTL. | 369.60 | 375.35 | 369.15 | 20-Nov-20 |
| KAJARIA CERAMICS | 671.15 | 680.00 | 649.95 | 27-Nov-20 |
| MOTHERSON SUMI | 155.95 | 156.20 | 151.00 | 09-Jan-20 |
| P & G HEALTH LTD | 6789.00 | 7040.00 | 6975.00 | 27-Nov-20 |
| S H KELKAR & CO. | 138.05 | 141.25 | 138.35 | 17-Nov-20 |
| SHREE CEMENT | 24799.05 | 25515.05 | 25341.20 | 07-Feb-20 |
| SOMANY CERAMICS | 292.40 | 293.05 | 287.30 | 27-Nov-20 |
| STRIDES PHARMA | 789.85 | 796.75 | 774.00 | 27-Nov-20 |
| SUNDRAM FASTEN. | 542.60 | 553.00 | 533.00 | 27-Jan-20 |
| TATA CHEMICALS | 400.55 | 401.35 | 396.95 | 27-Nov-20 |
| TATA POWER CO. | 67.80 | 69.00 | 65.25 | 27-Nov-20 |
| TATA STEEL | 583.70 | 590.50 | 582.00 | 27-Nov-20 |
| TECH MAHINDRA | 896.45 | 909.05 | 890.00 | 24-Nov-20 |
| THE RAMCO CEMENT | 892.10 | 899.95 | 898.10 | 27-Nov-20 |
| TITAN COMPANY | 1338.40 | 1385.00 | 1375.85 | 23-Nov-20 |
| TUBE INVESTMENTS | 800.85 | 874.30 | 868.00 | 25-Nov-20 |
| TVS MOTOR CO. | 497.85 | 508.90 | 504.90 | 27-Nov-20 |
| VAIBHAV GLOBAL | 2141.40 | 2180.00 | 2156.50 | 24-Nov-20 |
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%