NASDAQ Stocks Hitting 52-Week Highs (SIFY, REDF, PRSP, CRDN)

Sify Technologies Limited SIFY shares jumped 6.29% to create a new 52-week high of $7.27. SIFY shares have jumped 295.38% over the past 52 weeks, while the S&P 500 index has gained 10.16% in the same period. Rediff.com India Limited REDF shares gained 16.70% to touch a new 52-week high of $13.35. Rediff.com introduced its group deals service, named Rediff Deal Ho Jaye!, in 40 Indian cities. Prosperity Bancshares Inc PRSP shares rose 1.04% to create a new 52-week high of $45.46. PRSP reported upbeat Q1 profit. Ceradyne Inc CRDN shares gained 14.24% to create a new 52-week high of $51.84. CRDN reported better-than-expected Q1 results and issued upbeat FY11 projections. Read more from Benzinga's Markets.