For Quick Alerts
For Daily Alerts

Blue chip stocks hammered to 52-week lows

Blue chip stocks hammered to 52-week lows
Hindalco Industries: Quotes, News
BSE 177.00BSE Quote2.3 (-1.30%)
NSE 177.05NSE Quote2.35 (-1.33%)
MMTC: Quotes, News
BSE 18.75BSE Quote0.45 (-2.40%)
NSE 18.85NSE Quote0.35 (-1.86%)
Shares in blue chip companies hit 52-week lows after poor market sentiments following political uncertainty in the country and global worries linked to Cyprus pushed markets lower.

Shares in global aluminium major Hindalco dropped to a 52-week low of Rs 91.53 on the National Stock Exchange and was last trading at Rs 93.15.

Similarly, MMTC in which the government sold a stake recently, hit a new 52-week low of Rs 266, down from a 52-week high of Rs 873.

India's leading power equipment manufacturer Bharat Heavy Electricals (BHEL) slid to a 52-week low of Rs 184.80 on persistent selling.

Other renowned stocks that hit their 52-week lows were BEML, Reliance Infra, ABB and GTL Infra.

Read more about: 52 week lows
Story first published: Wednesday, March 20, 2013, 9:59 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more