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Adani Power, Just Dial, Varun Beverages hit 52-week highs

Adani Power has zoomed 42 per cent against 2.4 per cent decline in the benchmark index in the past month

a closer look at the stock market data suggests that this rally isn't a one off
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SI Reporter Mumbai
Shares of Adani Power, Just Dial and Varun Beverages hit their respective 52-week highs on the BSE on Tuesday in an otherwise subdued market. In comparison, the benchmark S&P BSE Sensex was up 0.1 per cent at 38,760 points in the afternoon trade.

Adani Power rallied 11 per cent to Rs 69, surpassing its previous high of Rs 67 touched on July 4, in intra-day trade. The counter has seen huge trading volumes with a combined 46 million shares changing hands on the BSE and NSE so far.

In the past month, the stock zoomed 42 per cent