BHEL, Sobha, Adani Power among 34 stocks on BSE 500 hitting 52-week highs

Reliance, L&T, Century Textiles, Adani Power, Adani Transmission and YES Bank hit 52-week highs.

Bharat Heavy Electricals Limited (BHEL), BEML, Thyrocare Technologies, Sobha, Bharat Forge are among 34 stocks from the BSE500 index hitting their respective 52-week highs on the BSE on Thursday.

Reliance Industries (RIL), Larsen & Toubro (L&T), Century Textiles, Adani Power, Adani Transmission, Adani Enterprises and YES Bank too touched 52-week highs in intra-day trade today.

The S&P BSE Sensex was down 0.3% at 29,862.

RIL hit a fresh 9-year high of Rs 1,435, up 1.4%, gaining for the sixth straight trading days. Since March 28, the stock rallied 15% as compared to 1.5% rise in the S&P BSE Sensex.

Reliance Jio Infocomm (Jio), a subsidiary of RIL, on March 31 said it had notched an unprecedented 72 million paid subscribers, and extended by a fortnight its deadline for migrating other subscribers to its paid offer.

The Street has welcomed the strong customer response to Reliance Jio’s offer and the company’s plan to extend its Prime offer by 15 days. As analysts were anticipating Jio to retain 50-60 million customers after the end of its free period, the Prime membership number of 72 million customers also surprised the Street, the Business Standard report suggests. CLICK HERE TO READ FULL REPORT.

Meanwhile, RIL, with the market capitalization (m-cap) of Rs 464,542 crore at 01:34 pm, was less than 2% away to grab the number one position in overall m-cap ranking. TCS m-cap stood at Rs 472,745 crore, the BSE data shows.

Sobha was up 4% to Rs 417, extending its Wednesday’s 17% surge after the real estate developer said the operational cash flow of the company remained healthy and positive during the fourth quarter of 2016-17 (Q4).

“Average price realisation is higher due to increased demand from higher valued products during the fourth quarter. It is encouraging to observe that the company has witnessed revival in demand in the Delhi-NCR market,” Sobha said in a Q4FY17 real estate operational update.

BHEL was up nearly 2% at Rs 174, after gaining 5% in past two trading days on BSE.

State-owned power equipment maker BHEL on Wednesday said it has added 45,254 MW capacity during the 12th Five Year Plan period (2012-17) beating the targets set for the company.

"Renewing thrust on accelerated project execution, BHEL has achieved a capacity addition of 45,274 MW of utility sets during the 12th five year plan, surpassing the Government's capacity addition target by 9%," BHEL said in a statement.

COMPANY	LATEST	52 WK HIGH	PREV HIGH	PREV DATE
ADANI ENTERP.	115.05	116.15	115.40	05-Apr-17
ADANI POWER	43.65	43.80	42.50	05-Apr-17
ADANI TRANSMISSI	72.85	73.50	72.50	05-Apr-17
ASHOKA BUILDCON	207.00	212.85	209.00	05-Apr-17
B H E L	176.40	177.00	172.00	21-Mar-17
BEML LTD	1400.00	1405.00	1380.00	03-Apr-17
BHARAT ELECTRON	166.45	166.75	166.50	17-Mar-17
BHARAT FORGE	1097.60	1108.85	1094.00	23-Feb-17
CAN FIN HOMES	2367.00	2399.60	2370.00	03-Apr-17
CENTURY TEXTILES	1056.15	1074.80	1068.00	05-Apr-17
DCM SHRIRAM	312.00	319.60	314.60	05-Apr-17
DEWAN HSG. FIN.	386.60	391.75	386.80	05-Apr-17
EDELWEISS.FIN.	171.85	175.95	172.15	05-Apr-17
FUTURE CONSUMER	34.55	35.55	33.85	05-Apr-17
GIC HOUSING FIN	444.00	451.00	428.80	05-Apr-17
HONEYWELL AUTO	11040.00	11350.00	11099.00	05-Apr-17
ICICI PRU LIFE	392.95	400.80	399.40	05-Apr-17
IIFL HOLDINGS	440.00	445.30	436.20	05-Apr-17
INOX LEISURE	298.50	304.85	304.50	05-Apr-17
JUBILANT LIFE	826.80	842.95	842.05	05-Apr-17
KARNATAKA BANK	146.85	147.60	146.40	05-Apr-17
L&T FIN.HOLDINGS	123.15	125.00	124.95	05-Apr-17
LARSEN & TOUBRO	1670.35	1701.50	1700.00	05-Apr-17
LINDE INDIA	424.00	431.00	427.45	05-Apr-17
POWER FIN.CORPN.	153.40	156.70	155.00	05-Apr-17
PTC INDIA	94.50	94.90	94.65	05-Apr-17
RELIANCE INDS.	1430.00	1434.75	1417.95	05-Apr-17
RURAL ELEC.CORP.	185.50	186.45	185.30	30-Mar-17
SINTEX INDS.	109.65	111.40	111.00	05-Apr-17
SOBHA	412.90	417.00	411.90	05-Apr-17
TATA CHEMICALS	609.40	615.00	613.00	05-Apr-17
THYROCARE TECH.	766.40	779.90	742.75	07-Feb-17
V I P INDS.	205.35	216.90	216.50	05-Apr-17
YES BANK	1562.20	1575.00	1569.85	05-Apr-17