Stocks hitting 52-Week Highs: AstraZeneca, eClerx Services, and more

Several companies from the NIFTY 500 index have hit their 52-week highs today, signaling strong performance in the current market. Here’s a closer look at some of the top gainers hitting their peak prices over the last year.

Stocks Hitting 52-Week High:

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  1. AstraZeneca
    • Day’s High: ₹8,139.00
    • Current Price: ₹7,845.55
      AstraZeneca has reached its 52-week high at ₹8,139 today. The stock is currently trading at ₹7,845.55, indicating significant investor interest in this pharmaceutical major.
  2. eClerx Services
    • Day’s High: ₹3,217.00
    • Current Price: ₹3,077.05
      eClerx Services, a prominent player in the business process outsourcing (BPO) and IT services sector, touched a 52-week high of ₹3,217 before moderating slightly to a current price of ₹3,077.05.
  3. Coforge Ltd.
    • Day’s High: ₹7,285.00
    • Current Price: ₹7,208.05
      Coforge Ltd., another IT services company, has hit a 52-week high of ₹7,285 today and is currently trading at ₹7,208.05. The company has consistently delivered strong growth, reflecting positively in its stock price.
  4. Vijaya Diagnostic
    • Day’s High: ₹1,011.30
    • Current Price: ₹982.55
      Vijaya Diagnostic reached a new high of ₹1,011.30, with its current price being ₹982.55. The healthcare diagnostics chain has been growing steadily, attracting investor attention.
  5. Dr Lal PathLabs
    • Day’s High: ₹3,558.45
    • Current Price: ₹3,459.80
      Dr Lal PathLabs, one of the major diagnostic service providers in India, recorded a 52-week high of ₹3,558.45. The stock is presently trading at ₹3,459.80, maintaining its upward trend.

Market Overview:

These stocks reaching their 52-week highs indicate strong momentum and positive sentiment from investors.

The Nifty closed at around 24,800, and the Sensex shed around 580 points on October 7, ending the day on a weak note. The IT sector outperformed, standing as the only sector to close in the green, while all other sectoral indices faced losses.