8 Reputed Stocks That Fell To 52-Week Low

In the recent volatile environment in the markets these 8 stock fell to 52 week low while markets ended high. Nifty was 243.5 points up and BSE Sensex was 909 points up.

Here is the list of stocks

Company Name	52-week Low Price (Rs per share)	Latest Market Price (Rs per share)	Market Cap (Rs Cr)
ACC	1,696.05	1,926.30	36,173.46
Aurobindo Pharm	397.3	403.9	23,666.06
Berger Paints	527.6	557.5	54,228.37
Bharat Rasayan	9,001.00	9,029.35	3,837.47
Birlasoft	250.35	268.05	7,329.04
CG Consumer	294.1	304.5	19,362.72
Divis Labs	2,796.10	2,884.45	76,573.08
Paras Defence	527.6	510.4	2,003.04

Volatility in the market

The markets have been volatile due to various factors. "The equity markets witnessed an extremely high level of volatility all through the week, on account of external as well as domestic developments. The outcomes of the policy meet of the Fed as well as external commercial borrowings, and also the selloff in the shares of a major business group added to the selling pressure. The Union Budget which had an overwhelming focus on long term development was broadly welcomed by the markets, but the positive impact did not sustain due to other external factors which triggered selling. The markets will look forward to the RBI policy due next week for indications on likely moderation in the stance, and also with respect to the policy in relation to liquidity management. While some amount of swings on either side are expected in the coming weeks, the markets would ultimately settle at levels dictated by the fundamentals", says Dr. Joseph Thomas, Head of Research, Emkay Wealth Management on the markets.

Disclaimer

This article is for information purposes only and is not a recommendation to buy, sell or hold. Greynium Information Technologies and the Author, are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to consult with certified experts before making any investment decision.