Wockhardt, Sun TV, KNR Constructions among 36 stocks hit 52-week highs

Varun Beverages, Motilal Oswal Financial Services, Sun TV Network, Eveready Industries, Future Consumer, Minda Industries were too hit 52-week highs in intra-day trade today.

Wockhardt, Biocon, Manappuram Finance, Varun Beverages, Motilal Oswal Financial Services and Sun TV Network are among 36 stocks from the S&P BSE 500 index hitting their respective 52-week highs on the BSE on Thursday.

Eveready Industries, Future Consumer, Minda Industries, Raymond, Rallis India, NCC, SRF, Kansai Nerolac, Nava Bharat Ventures and Pidilite Industries too hit 52-week highs in intra-day trade today.

Varun Beverages surged 16% to Rs 619, also its 52-week high on the BSE in intra-day deal, after the company announced that its board has approved a proposal to sign an agreement to acquire PepsiCo India Holdings Pvt.'s previously franchised sub-territory in Jharkhand along with manufacturing facilities and franchise rights for Chhattisgarh.

Wockhardt has surged 12% to Rs 893, extending its 5% gain in past two trading sessions on the BSE. According to Moneycontrol report, the drug maker Wockhardt will be offering its Waluj facility near Aurangabad, Maharashtra in early 2018 for US FDA inspection.

Sun TV Network hit 52-week high of Rs 996, up 6% after a special CBI court acquitted all the keys accused in the 2G scam. According to allegations, Maran family-owned Sun TV Network was a beneficiary of pay-offs in the 2G scam by an overseas telecom firm.

Pidilite Industries gained 5% to Rs 934 in intra-day trade after the company announced that its board will meet on Tuesday, December 26, 2017 to consider the proposal to buyback the equity shares of the Company.

KNR Constructions soared 14% to Rs 313 after the company said Smt Kamidi Yashoda sold more than one percentage point stake in the company through open market.

On December 19, 2017, Smt Kamidi Yashoda had sold 1.6 million equity shares representing 1.14% of total equity of KNR Constructions at price of Rs 276 per share through open market, the company said in a regulatory filing. Post transaction, Smt Kamidi Yashoda holding in the company reduced to 4.27% from 5.41% earlier.

The name of buyers not identified immediately. However, recent trend shows that most of the promoters offloading their stake to institutional investors to reduce debut of the company.

COMPANY	LATEST	52 WK HIGH	PREV HIGH	PREV DATE
AARTI INDS.	1049.00	1049.00	1030.00	20-Dec-17
ARVIND LTD	459.50	464.00	461.95	07-Nov-17
BASF INDIA	2255.10	2280.00	2218.00	20-Dec-17
BIOCON	542.40	548.10	541.00	19-Dec-17
BLISS GVS PHARMA	207.45	209.90	209.80	01-Dec-17
DEEPAK NITRITE	232.00	237.70	234.50	20-Dec-17
EMAMI	1319.85	1350.00	1350.00	20-Dec-17
ENDURANCE TECH.	1325.00	1345.00	1338.30	01-Dec-17
EVEREADY INDS.	444.90	462.00	454.75	04-Dec-17
FUTURE CONSUMER	73.80	74.75	73.75	20-Dec-17
GAYATRI PROJECTS	219.70	221.00	220.65	06-Dec-17
GLAXOSMITH C H L	6598.35	6650.00	6647.05	19-Dec-17
GRINDWELL NORTON	532.00	547.00	531.00	30-Nov-17
HERITAGE FOODS	866.80	885.10	835.15	20-Dec-17
INTELLECT DESIGN	169.80	171.95	167.85	20-Dec-17
JET AIRWAYS	746.00	754.00	745.00	20-Dec-17
KALPATARU POWER	496.00	502.00	475.00	20-Dec-17
KANSAI NEROLAC	558.00	560.00	554.85	20-Dec-17
MANAPPURAM FIN.	115.40	115.80	112.55	13-Sep-17
MINDA INDS.	1320.30	1349.45	1323.85	20-Dec-17
MOTIL.OSWAL.FIN.	1552.95	1573.25	1518.85	11-Oct-17
NAVA BHARAT VENT	150.90	155.70	155.00	26-Apr-17
NCC	133.20	133.80	130.95	20-Dec-17
OMAXE	224.95	225.50	224.00	18-Dec-17
PIDILITE INDS.	928.00	934.25	915.00	13-Dec-17
RALLIS INDIA	259.75	267.00	264.60	31-Mar-17
RAYMOND	1042.60	1049.70	1039.50	20-Dec-17
SADBHAV ENGG.	401.50	414.60	394.80	01-Dec-17
SCHAEFFLER INDIA	5526.80	5550.00	5345.80	20-Dec-17
SRF	1954.55	1956.00	1949.00	20-Dec-17
SUN TV NETWORK	983.45	996.00	963.60	18-Dec-17
TV18 BROADCAST	60.85	61.60	59.50	20-Dec-17
VAKRANGEE	388.95	405.00	388.35	11-Dec-17
VARUN BEVERAGES	585.00	619.40	573.30	22-Aug-17
VOLTAS	650.15	653.55	653.45	29-Nov-17
WOCKHARDT	888.75	889.35	809.00	20-Dec-17