These 5 Big Stocks Near Their 52-Week Low

5 stocks are trading near their 52-week low in trade. These stocks are Asian Paints Ltd, Axis Bank, Dr Reddy's Labs, Bajaj Finserv Ltd, and HDFC Bank. Check details below:

Name of the company	CMP	52-week high	52-week low	%
Asian Paints Ltd	Rs 2978	Rs 3590	Rs 2560	14% away from 52-week low
Axis Bank Ltd	Rs 662	Rs 866	Rs 568	14% away from 52-week low
Dr Reddys Laboratories Ltd	Rs 4564	Rs 5614	Rs 3654	19.94% away from 52-week low
Bajaj Finserv Ltd	Rs 11,840	Rs 19,325	Rs 10,727	9% away from 52-week low
HDFC Bank Ltd	Rs 1362	Rs 1725	Rs 1271	6% away from its 52-week low

1. Asian Paints Ltd

The current market price of the stock is Rs 2978 apiece with a 52-week high of 3590 and 52-week low at Rs 2560 apiece. The stock is now 14% away from its 52-week low. It is a company with low debt. Its market capitalization is Rs 285,663 crore and dividend yield is 0.64%. The PE of the stock is 94.28 which is higher than sector PE of 80.66. The stock has fallen 11% in last 6 months while it has given multibagger returns in last 5 years of 164%.

It came into existence in 1942 and Asian Paints has emerged as India's leading and Asia's third largest paint company. It operates in 15 countries and have 26 paint manufacturing facilities in the world, servicing consumers in over 65 countries.

2. Axis Bank Ltd

The current market price of Axis Bank is Rs 662 apiece. Its 52-week high is Rs 866 apiece and 52-week low is Rs 568 apiece. The stock is now 14% away from its 52-week low. It is a company with high TTM EPS growth. Its RoCE is declining. The market capitalization is Rs 203,391 crore. Its PE is 14.41 which is lesser than sector PE of 22.05. The stock has fallen 16% in last 3 months and gave a return of 30% in last 5 years.

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.

3. Dr Reddy's Laboratories Ltd

The current market price of the stock is Rs 4564 apiece. The 52-week high level of the leading pharmaceuticals company is Rs 5614 apiece and 52-week low is Rs 3654 apiece. It is 19.94% from its 52-week low. The stock has fallen 3% in last 6 months and gave a return of 69% in last 5 years. The market capitalization is Rs 75,664 crore with the dividend yield at 0.66%. The PE is 34.67 which is higher than sector PE of 29.87. It is a company with low debt.

Dr. Reddy's Laboratories commenced its generics business in India in 1986 and is today a trusted name in the healthcare industry consistently serving the needs of millions of patients with high quality, affordable and innovative medicines across therapy areas.

4. Bajaj Finserv Ltd

The current market price of the stock is Rs 11,840 apiece. Its 52-week high is Rs 19,325 apiece and 52-week low is Rs 10,727 apiece. The market capitalization of the stock is 188,422 crore. The TTM PE is 41 and sector PE is 32.68. The stock has fallen 34% in the last 6 months. It has given multibagger returns of 166% in last 5 years. It is 9% away from its 52-week low.

Bajaj Finserv Ltd is a Core Investment Company (CIC) under RBI Regulations 2020 and the holding company for the various financial services business under the Bajaj Group.

5. HDFC Bank

HDFC Bank Ltd: The stock's CMP is Rs 1362 apiece with 52-week high and 52-week low at Rs 1725 apiece and 1271 apiece. The stock has fallen 7% in last 6 months and gave 62% return in last 5 years. It is now 6% away from its 52-week low. Its market capitalization is Rs 756,659 crore. The PE is 19.88 which is lesser than sector PE of 22.05.

HDFC Bank was incorporated in August 1994 in the name of HDFC Bank Limited, with its registered office in Mumbai, India. The bank commenced operations as a Scheduled Commercial Bank in January 1995