NewsStocksVodafone Idea among four BSE 150 Midcap stocks to reach 52-week highs

Vodafone Idea among four BSE 150 Midcap stocks to reach 52-week highs

Author: Economic Times Markets·

Key Takeaways

  • Vodafone Idea reached a 52-week high of Rs 15.78 and gained about 22% over the past month.
  • One97 Communications touched Rs 1,759.05, marking a monthly advance of approximately 22%.
  • Piramal Finance hit a 52-week high of Rs 2,327.85 after rising about 10% in one month.
  • Laurus Labs reached Rs 1,955 and recorded a monthly gain of roughly 4%.
  • The four stocks came from four different sectors even as the Sensex fell 813 points to 74,764.
Vodafone Idea among four BSE 150 Midcap stocks to reach 52-week highs

Four stocks in the BSE 150 Midcap index reached fresh 52-week highs on Wednesday, even as the benchmark Sensex fell 813 points to close at 74,764, according to Economic Times Markets.

A 52-week high represents the highest price level a stock has reached during the past year and may indicate increased market activity and investor interest. That these highs came on a day the benchmark fell more than 800 points highlights how individual stock momentum can diverge from index-level moves.

  • Vodafone Idea: The telecom operator’s stock reached a new 52-week high of Rs 15.78 and had a current market price (CMP) of Rs 15.51. It gained about 22% over the past month.
  • One97 Communications: The parent company of digital payments platform Paytm saw its stock reach a new 52-week high of Rs 1,759.05, while its CMP stood at Rs 1,752.25. It advanced about 22% in one month.
  • Piramal Finance: The non-banking finance company reached a new 52-week high of Rs 2,327.85, with a CMP of Rs 2,315. The stock gained about 10% over the past month.
  • Laurus Labs: The pharmaceutical company’s stock touched a new 52-week high of Rs 1,955 and had a CMP of Rs 1,933.25. It rose about 4% during the month.

The four names span telecom, digital payments, financial services, and pharmaceuticals, so the 52-week highs were not confined to a single sector. Their monthly gains also varied widely, from about 4% for Laurus Labs to roughly 22% for Vodafone Idea and One97 Communications, reflecting different paces of recent momentum. Upcoming trading sessions will show how these stock-specific moves hold up against a broader market that closed sharply lower.