The National Stock Exchange (NSE) Nifty50 index which closed at 10,886.80 is now opened flat to positive near 10,899.65. Currently, it is trading near 10,920.85, 34.05 points up. (12:48 PM IST) During its trading session many stocks hit their fresh 52-week highs and lows on NSE.
Apollo Hospitals Enterprises succeed to break its previous 52-week high in today morning where it rallied 1.8 percent, just after the global research house HSBC raised the price target for the stock by a whopping 25 percent. In doing so, it touched the new high of Rs. 1,352.60.
According to the HSBC, the new margin will help the new hospital momentum in Q3FY19.
Apart from this, there were other stocks that hit their fresh 52-week highs such as Aarti Industries, IOL Chemicals, Nila Spaces, Sakuma Exports, Torrent Pharmaceuticals, and Info Edge (India) Ltd.