During Tuesday’s trading session, the Sensex benchmark index saw a drop of roughly 316 points, concluding the day at 65,512. Notably, amidst this market decline, five stocks listed on the BSE Healthcare index reached their highest prices in the last 52 weeks. The 52-week high carries particular importance for certain traders and investors, serving as a crucial technical indicator to assess a stock’s current worth and predict potential price movements. This figure signifies the highest price at which a stock traded over the previous year.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.