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10 Leading Stocks that Hit Their 52-Week Low Levels on BSE
Indian indices ended marginally lower yesterday as stocks in realty sector, banks, power, metal witnessed strong pressure.
Indian indices ended marginally lower yesterday as stocks in realty sector, banks, power, metal witnessed strong pressure. The Sensex ended flat after losing 48.88 points to close the day at 55,769.23 while Nifty shed 43.70 points to end at 16,584. Stocks of IT industry and energy remained in the green. Amid yesterday's decline in the share market, some of the leading stocks on BSE 500 index witnessed 52-week low levels as investors pressed the panic button. Below are these stocks:
1. Equitas Holdings Ltd
The share of Equitas Holdings Ltd is just 2.07% away from its 52-week low. The last trading price of the stock is recorded at 91.05. Its previous 52-week low was 89.20 that it touched on June 21, 2020. Equitas Holdings Limited popularly known as EHL belongs to the Equitas Group of Companies. It is a Non-Deposit taking - Systemically Important - Core Investment Company (ND SI - CIC) as per RBI Regulations. According to the company's official website, the activity of Equitas is to make investment in subsidiary companies and offer loans to them.
2. Indian Railway Finance Corporation Ltd
The last trading price (LTP) of Indian Railways was recorded in the red at 21.40 with a decline of 0.23% and now it is just 2.39% away from its 52-week low. Earlier, the stock of Indian Railways hit its 52-week low on 24 Feb, 2022 when its share touched the low of 20.90. It is owned by Indian Railways, Ministry of Railways, Government of India. Its main function is to raise financial resources for expansion and running through capital markets and other borrowings. IRFC is popularly known as miniratna/ Schedule A Indian public sector undertaking.
3. ICICI Lombard General Insurance Company Ltd.:
The last trading price or LTP of ICICI Lombard was registered at 1218 with a loss of 1.42% on BSE 500. Now the stock is 2.21% away from its previous 52-week low that it had touched on March 7, 2022 when its stock hit the low of 1192.
4. Pfizer
The company's LTP was recorded at Rs 4191 yesterday and now it is 2.94% away from its 52-week low. Earlier it had touched its 52-week low on April 25, 2022 when it stock hit the low of 4071 apiece. It is a leading US-based pharmaceutical and biotechnology corporation and headquartered in Manhattan. Its global portfolio includes medicine and vaccine along with several of world's consumer healthcare products.
5: Just Dial Ltd
The stock of Just Dial also traded in red yesterday and its LTP was recorded at 650.90. It is now .99% away from its 52-week low that it had hit on November 30, 2022 when it touched the low 644. It is an Indian internal technology firm that offers local search for various services in the country over the phone, website and mobile apps. It came into existence in 1966.
6.Spicejet Ltd
The last trading price of Spicejet was recorded at 47.25 and now it is just 2.16% away from its 52-week low. The stock had touched its 52- week low on May 6, 2022 when the stock touched the low of 46.25. SpiceJet is a leading Indian low-cost airline. It is headquartered in Gurgaon, Haryana. It has also emerged as the second largest airline in India by number of domestic passengers carried.
7. Birla Corporation Ltd
The LTP of Birla Corporation was recorded at 922.45 and now it is 3.23% away from its 52-week low. It had touched its 52-week low of 893.60 on May 12, 2022. It is amongst the largest industrial houses in India. It leads the scene in the cement industry with strong presence in many parts of India.
8. GMM Pfaudler Ltd.
The LTP of the company was registered at 4146 and it is now just 1.61% away from its 52-week low. On May 16, 2022 it had touched its 52-week low at 4081.15. It is a global leader in corrosion-resistant technologies, systems, and services for the chemical, pharmaceutical, food and energy industry.
9: CSB Bank Ltd
Its last trading price was 185.30 and now it is 1.81% away from its 52-week low. Earlier, it had touched its 52-week low on May 26 when its stock touched the low of 182. It is an Indian private sector bank, headquartered at Thrissur, Kerala. The bank has a network of over 560 branches and more than 390 ATMs all over India.
10. Glenmark Pharmaceuticals Ltd.
Its LTP was recorded at 389.15 and now it is 2.94% away from its 52-week low. It had touched its 52-week low on May 26, 2022 when its share hit the low of 378.05. It is an Indian multinational pharmaceutical company headquartered in Mumbai. It came into existence in 1977 by Gracias Saldanha as a generic drug and active pharmaceutical ingredient manufacturer.
