Today the National Stock Exchange (NSE) Nifty50 index which closed near 10,922.75 is now opened near 10,931.05. Currently, it is trading near 10,929.25, 6.50 points up. (12:52 PM IST)
During its trading session, many stocks hit their fresh 52-week highs and lows on NSE. Even the shares of software service provider Wipro gained quite a much and touched its new intraday high of 355.20 after breaking its previous high of 349.60. It is after the quarterly results however the growth has improved but still below peers like TCS and Infosys.
According to Abidali Z Neemuchwala, CEO & ED – Wipro, the company has improved a lot and the YoY growth rates are very convincing.
Apart from this, there were other stocks that hit their fresh 52-week highs on NSE such as Odisha Cement, Dhunseri Ventures, and Kilitch Drugs etc.