The Indian equity markets were marginally bullish today, Nifty 50 closed at 17,525.10 points gaining by 0.73%. These 3 below-mentioned top stocks have reached fresh 52-week lows today, on August 8. Check details.
Jindal Cotex Ltd.
The stock price of Jindal Cotex Ltd. has fallen to a 52-week low-level today. Its current market price stood at Rs. 2.50/share on NSE, falling by 3.85%, till last traded. In the last 1 month, its share price has fallen by 9.09%. In the past 6 months, its stock price fell by 45.05%, and in the last 1 year, it has plunged by 20.63%. Additionally, in the last 5 years, it has gained by 78.45%. The stock has been performing poorly consistently on NSE. However, in the recent period, only from December 2021 to February 222, the company's share price was bullish.
Its 52-week high range is Rs. 4.90, and 52-week low range is Rs. 2.50. It is a micro-cap company with a market capitalization of Rs. 11 crore.
Jindal Cotex Ltd. (JCL) is the flagship company of Jindal group. The group owns 45000 spindles, manufacturing Polyester Spun yarns for hosiery Industry, SHT (super high tenacity) sewing threads for tailoring and venturing soon into knitted - dyed - processed Fabrics, the company informs.
Birla Tyres Limited
The stock price of Birla Tyres Limited has fallen to a 52-week low level today. Its current market price stood at Rs. 4.75/share on NSE, falling by 5.00%, till last traded. In the last 1 month, its share price has fallen by 32.14%. In the past 6 months, its stock price fell by 80.85%, and in the last 1 year, it has plunged by 82.18%. Additionally, in the last 5 years, it has surged by 184.03%. In May, IndusInd Bank has sold more than 38 lakh shares of Birla Tyres in tranches, which has also been another reason behind the sharp fall in the stock's prices in the recent period.
Its 52-week high range is Rs. 29.90, and 52-week low range is Rs. 4.75. It is a micro-cap company with a market capitalization of Rs. 67 crore.
Birla Tyres was first established in 1991, as part of Kesoram Industries Limited, initially collaborating, in the production and development of its tyres with world-class tyre manufacturer Pirelli. Kesoram Industries is part of the B.K. Birla group of companies, a dynamic company with a range of businesses including cement and tyres.
Future Retail Limited
The stock price of Future Retail Limited has fallen to a 52-week low level today. Its current market price stood at Rs. 4.75/share on NSE, falling by 4.04%, till last traded. In the last 1 month, its share price has fallen by 32.62%. In the past 6 months, its stock price fell by 90.12%, and in the last 1 year, it has plunged by 89.96%. Additionally, in the last 5 years, it has fallen by 98.93%. The growth of Reliance and other retail chains has consistently pulled the company's performances down in the past few years.
Its 52-week high range is Rs. 63.70, and 52-week low range is Rs. 4.75. It is a micro-cap company with a market capitalization of Rs. 67 crore.
Future Retail operates some of India's most popular retail chains, and Big Bazaar, is their flagship chain. Their small store neighbourhood retail chains are EasyDay Club and Heritage Fresh.
Disclaimer
Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article.
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