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Bull Run: 5 smallcaps hit new 52-week highs; charts show up to 19% upside

Stocks setting new 52-week highs demonstrate aggressive chart structures

Illustration: Ajay Mohanty
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Small cap stocks hits fresh 52-week high

Avdhut Bagkar Mumbai

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Shares of Can Fin Homes, Exide Industries, and KPIT Technologies unveiled a remarkable trend on Thursday, as bulls ride the prices to a new 52-week high. Likewise, stocks like Bharat Dynamics, CreditAccess Grameen, Global Health, and Firstsource Solutions also displayed resilient moves. 

So far this year, KPIT Technologies has skyrocketed 56 per cent, while Can Fin Homes, Firstsource Solutions and CreditAccess Grameen have surged close to 34 per cent, respectively. Global Health and and Exide Industries have gained 28 per cent and 18 per cent each. 

While Nifty Small cap index is falling short in reaching its all-time high mark,