Tata Power, 6 Others Hit 52-Week Highs on Sensex Rally
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- Sensex surged 325 points on Friday to close at 74,532, as seven BSE 1000 stocks hit fresh 52-week highs during a broader market rally that investors read as a bullish momentum signal.
- Aether Industries led the seven winners with a ~20% monthly gain, touching a new 52-week high of Rs 1,176.95 against a current market price of Rs 1,159.
- Tata Power hit a 52-week high of Rs 418.4 (CMP Rs 402.75), gaining ~7% over the past month.
- Acutaas Chemicals surged ~14% to a 52-week high of Rs 2,460, while Karnataka Bank rose ~12% to touch Rs 239.
- CCL Products climbed ~10% to a 52-week high of Rs 1,104, with JB Chemicals & Pharmaceuticals and Ather Energy rounding out the list at ~7-8% monthly gains and 52-week highs of Rs 2,195 and Rs 796, respectively.
Why it matters: Seven BSE 1000 names tagging 52-week highs on a 325-point Sensex surge signals broad-based bullish conviction spanning chemicals, banking, pharma, power, and EVs — a diverse cross-sector rally led by Aether Industries' 20% monthly climb, giving momentum-tracking investors fresh entries from Tata Power to Karnataka Bank.
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