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Thermax Q3 FY24 Results Live : profit rise by 88 87% YOY

​These 4 capital goods stocks hit new 52-week highs; have rallied up to 25% in a month

The 52-week high is an important technical indicator for traders and investors, representing a stock s peak price over the previous year.

Hot stocks | Thermax, Tata Steel, Siemens may rally up to 10% in short term

The hourly chart reveals ongoing strength in both MACD (moving average convergence divergence) and RSI (relative strength index) indicators, hinting at sustained positive momentum.

Thermax to acquire TSA Process Equipments

It will acquire the remaining 49 per cent over a period of two years, subject to completion of certain conditions, according to a regulatory filing.

These 4 capital goods stocks hit fresh 52-week highs; have rallied up to 15% in a month

The 52-week high serves as a crucial technical gauge for traders and investors, signifying the peak price a stock has attained over the preceding year.

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