5 Stocks That Are Surging And Near 52-Week Highs

Stocks have shown huge volatility in the past few months of this year. Many stocks are now near their 52-week lows, and many have hit their 52-week highs just recently after the recovery of the markets.

Many consider the 52-week low and high as areas of significant momentum, and many investors or traders don't consider buying it at this level.

Here is a list of stocks surging positively over the past few weeks and now trading near their 52-week highs.

State Bank of India (SBIN)

This Nifty 50 bank is one of India's leading public sector banks. It is a statutory company for India's financial services and public sector banking. With a history of more than 200 years, it is India's largest and oldest bank.

The stock's current market price is Rs. 556, with a 52-week low of Rs. 425 and a 52-week high of Rs. 557. The stock is currently in a strong uptrend and is going up with good momentum.

ITC Ltd.

ITC Ltd is an Indian conglomerate company that is headquartered in Kolkata. The company is the largest cigarette producer and retailer in India. ITC works in five business sectors: hotels, paper and packaging, paperboards, FMCG cigarettes and agribusiness.

The stock's current market price is Rs. 331, with a 52-week low of Rs. 207 and a 52-week high of Rs. 333.30. Despite the market situation in the past few months, the stock is only moving to the upside.

Bharti Airtel Ltd.

Bharti Airtel is an Indian multinational telecommunication company. The company is one of the leading telecommunications service providers in the world. Bharti Airtel Ltd. operates in 18 countries, including 14 African nations and Sri Lanka.

The stock's current market price is Rs. 767, with a 52-week low of Rs. 629 and a 52-week high of Rs. 793. The stock is on a strong uptrend and trading very near its 52-week high, which is also a major resistance.

Coal India Ltd.

Coal India Ltd. primarily engages in activities including coal mining, coal production, and coal washery operation. The key users of the company are the power and steel sectors. Cement, brick kilns, fertiliser, and other products are among the consumers from other industries.

The stock's current market price is Rs. 238, with a 52-week low of Rs. 139 and a 52-week high of Rs. 242.

Mahindra & Mahindra Ltd.

Mahindra & Mahindra Ltd. is one of India's most well-rounded automakers, offering 2-wheelers, 3-wheelers, PVs, CVs, tractors, and earthmovers. Through its subsidiaries and group companies, it is also present in the following industries: auto components, financial services, infrastructure, hospitality, steel trading, retail, logistics, and processing, IT businesses, aerospace, agribusiness, consulting services, energy, defence, and industrial equipment.

The stock's current market price is Rs. 1302, with a 52-week low of Rs.671 and a 52-week high of Rs. 1366. The stock is trading near its 52-week highs with a strong uptrend.