Three stocks in the Nifty 50 have reached their 52-high upper bounds today making them the top gainers in the year so far. Collectively these stocks have been performing stupendously well.
Look at those 3 stocks
- NMDC
- State Bank of India
- Punjab National Bank
- NMDC
Incorporated in 1958 as a Government of India public enterprise, NMDC is India’s largest producer of iron ore. Since its inception, the corporation under the administrative control of the Ministry of Steel has been involved in the exploration of a wide range of minerals including copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands amongst others in some of the most remote corners of the country.
Current price – 125.25
52-week high – 126.75
52-week low – 70.27
Market cap – 36,706 crores
2) State Bank of India
State Bank of India (SBI) a Fortune 500 company, is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai. The rich heritage and legacy of over 200 years, accredit SBI as the most trusted Bank by Indians through generations.
SBI, the largest Indian Bank with 1/4th market share, serves over 45 crore customers through its vast network of over 22,000 branches, 62617 ATMs/ADWMs, 71,968 BC outlets, with an undeterred focus on innovation, and customer centricity, which stems from the core values of the Bank – Service, Transparency, Ethics, Politeness, and Sustainability.
The Bank has successfully diversified businesses through its various subsidiaries i.e SBI General Insurance, SBI Life Insurance, SBI Mutual Fund, SBI Card, etc. It has spread its presence globally and operates across time zones through 229 offices in 31 foreign countries.
Growing with the times, SBI continues to redefine banking in India, as it aims to offer responsible and sustainable Banking solutions.
Current price – 621
52-week high – 629.55
52-week low – 425
3) Punjab National Bank
Punjab National Bank (PNB), India’s first Swadeshi Bank, commenced its operations on April 12, 1895, from Lahore, with an authorized capital of Rs. 2 Lakh and working capital of Rs. 20,000. The Bank was established in the spirit of nationalism and was the first bank purely managed by Indians with Indian Capital. During the long history of the Bank, 9 banks have been merged/ amalgamated with PNB.
Current price – 60.70
52-week high – 62
52-week low – 28.05