On Friday, the benchmark Sensex dropped by about 198 points, closing at 77,860. Despite the market decline, four stocks from the BSE Smallcap index hit their 52-week highs, reaching their highest prices in the past year. A 52-week high is a crucial indicator for traders and investors, reflecting a stock’s peak value over the last 12 months. It serves as an important metric for assessing a stock’s current performance and forecasting its potential for future growth.