​These 5 capital goods stocks hit fresh 52-week highs; rallied up to 25% in a month

Alienx
​These 5 capital goods stocks hit fresh 52-week highs; rallied up to 25% in a month
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Estimated read time 2 min read

​Standing Tall!

The Sensex benchmark index plummeted 1,062 points, closing the day at 72,404. Despite the market’s huge correction, five stocks in the BSE capital goods index reached their highest prices in the past year. The importance of hitting a 52-week high lies in the indication of a stock’s peak value over the preceding year, which holds considerable implications for traders and investors. This measure helps evaluate a stock’s current worth and predict possible price changes in the future.

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