Stocks surged over 10 per cent and hit 52-week highs today; keep them on your radar

Stocks surged over 10 per cent and hit 52-week highs today; keep them on your radar

Rakesh Deshmukh

One multibagger stock from the hotel industry is priced under Rs 100 per share. Check the complete list inside.

Today the NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 22,434.65, registering a decline of 18.65 points or a 0.08 per cent decrease compared to the previous day's closing level. Meanwhile, the BSE Sensex concluded at 73,876.82, reflecting a decline of around 27.09 points. In this article, we will be exploring stocks that registered a significant surge in their prices by over 10 per cent and are also available under Rs 300 per share, while also looking technically good.

J.G. Chemicals Limited

Incorporated in 2001, J.G. Chemicals is a leading Zinc Oxide Manufacturer with the capability to produce up to 80 grades of Zinc Oxide.

Today, the stock opened trading at Rs 195 per share, experiencing a robust rally of 19.51 per cent throughout the day, and ultimately closing at Rs 231.25 per share. The stock not only hit a 52-week high but also closed the day in the blue-sky zone by surpassing its previous peak levels and may give a multibagger return from these levels. Furthermore, the stock has delivered a return of 4.63 per cent over its final IPO issue price of Rs 221 per share.

NSE:JGCHEM Chart Image by RaxRakesh

Advani Hotels & Resorts (India) Limited

Advani Hotels & Resorts (India) is engaged in the hotel business through its "Caravela Beach Resort," a five-star deluxe resort situated in Varca Beach, South Goa.

Today, trading commenced for the stock at Rs 78 per share. It experienced a robust rally of 13.21 per cent during the day, eventually closing at Rs 87.40 per share. The stock not only hit a 52-week high but also closed the day near its all-time high levels. Furthermore, the stock has been in consolidation for the last 65 days and has delivered an impressive multibagger return of around 200 per cent during the past three years. Once it comes out of the consolidation, it may give a good move towards the upside.

NSE:ADVANIHOTR Chart Image by RaxRakesh

DJ Mediaprint & Logistics Limited

Incorporated in 2009, DJ Mediaprint & Logistics is engaged in the printing business, record management, and other related businesses.

Today, trading commenced for the stock at Rs 176.60 per share. It experienced a robust rally of 11.84 per cent during the day, eventually closing at Rs 196.50 per share. The stock not only hit a 52-week high but also closed the day near its all-time high levels. The stock had been trading in a range for over 480 days and may give a proper breakout from these levels towards the upside.

NSE:DJML Chart Image by RaxRakesh

Investors must keep these stocks on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.

DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.

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