These 8 stocks touch their new 52-week highs on Thursday

The benchmark index Sensex traded on a volatile note on Thursday, but ended in the green. It closed positive for the fifth consecutive session, gaining about 95 points to 59,202. During the session, eight stocks from the BSE 500 index managed to touch new 52-week highs.

The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement.

Aegis Logistics | New 52-week of high: Rs 308.3 | CMP: Rs 301.8. In the last one month stock has gained about 7%.

Deepak Fertilisers And Petrochemicals Corporation | New 52-week of high: Rs 1048 | CMP: Rs 1039.1. In the last one month stock has gained about 17%.

E.I.D. Parry (India) | New 52-week of high: Rs 673.3 | CMP: Rs 665. In the last one month stock has gained about 13%.

Indian Bank | New 52-week of high: Rs 224.3 | CMP: Rs 222.1. In the last one month stock has gained about 9%.

ITC | New 52-week of high: Rs 350.9 | CMP: Rs 349.7. In the last one month stock has gained about 4%.

Mahindra CIE Automotive | New 52-week of high: Rs 327.9 | CMP: Rs 312.1. In the last one month stock has gained about 12%.

MAS Financial Services | New 52-week of high: Rs 871 | CMP: Rs 860.7. In the last one month stock has gained about 15%.

RHI Magnesita India | New 52-week of high: Rs 738 | CMP: Rs 731.7. In the last one month stock has gained about 13%.