Top 6 Small Cap Stocks Hit 52 Week Lows, Dividend Announcement: Invest Now?

Nifty is marginally bearish today, plunged by 1.39, till 12.33 PM. Here, the top 6 stocks, listed on NSE, have been discussed those have fallen to their 52 week lows. One company has also recently announced a high dividend.

Medplus Health Services Ltd.

Share price of Medplus Health Services Ltd. has fallen by 2.61%, and stood at Rs. 751.20, today till last traded. It is a small cap company with a market capitalization of Rs. 1,576 crore. The 52 week high level of this stock is Rs. 1,343.00, and 52 week low level of this stock is Rs. 736.30.

Medplus Health Services Ltd.'s operations include the manufacturing and contract manufacturing of private label pharmaceutical, wellness and FMCG products, wholesale and retail sale, import, distribution, and pathology diagnostic laboratory testing. They operate 2,165 stores in 242 cities distributed across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal and Maharashtra as of June 30, 2021. They have a total of 14,762 permanent full-time in-house employees working for us in a range of business activities.

Vijaya Diagnostic Centre Ltd.

Share price of Vijaya Diagnostic Centre Ltd. has fallen by 1.52%, and stood at Rs. 327.20, today till last traded. It is a small cap company with a market capitalization of Rs. 1,576 crore. The 52 week high level of this stock is Rs. 672.00, and 52 week low level of this stock is Rs. 326.45.

Vijaya Diagnostic earlier reported a 23% YoY gain in revenue at Rs. 462.40 crore in FY22, while the same was Rs. 376.70 crore in FY21. In Q4FY22, Vijaya Diagnostic has recorded a gain of 4% YoY at Rs. 116.20 crore as against Rs. 112 crore in the same quarter year ago. Vijaya Diagnostic Centre Ltd. is India's largest comprehensive diagnostic network with over 90 centres spread across 15 cities. Vijaya Diagnostic Centre has a qualified team of over 2200 professionals consisting of some of the country's top radiologists, pathologists and healthcare professionals.

Mrs. Bectors Food Specialities Ltd.

Share price of Bectors Food Specialities Ltd. has fallen by 1.76%, and stood at Rs. 268.00, today till last traded. It is a small cap company with a market capitalization of Rs. 1,576 crore. The 52 week high level of this stock is Rs. 464.10, and 52 week low level of this stock is Rs. 267.60.

On May 28, 2022 the company's board considered and recommended a final dividend of Rs. 1.25 per Equity Share having a Face Value of Rs. 10 for FY22. Mrs. Bectors Food Specialities Ltd. began as a passion project and has now grown to become the official supplier of Burger Buns to leading QSRs and Restaurants in India. Their demand accelerated by leaps and bounds, leading them to open Manufacturing Plants across the country to keep up with production. Cremica's products include Bourbon, Crakers, and Cream filled biscuits, they are now being sold in over 23 states through 550,000 outlets.

eMudhra Ltd.

Share price of eMudhra Ltd. has fallen by 1.15%, and stood at Rs. 253.00, today till last traded. It is a small cap company with a market capitalization of Rs. 1,576 crore. The 52 week high level of this stock is Rs. 279.00, and 52 week low level of this stock is Rs. 252.50.

Recently, eMudhra was open for IPO subscription in India. eMudhra was started in 2008 with a mission to accelerate the world's transition to a secure integrated digital society with a foundation built on digital identity and trust. Their fields of operations include work-flow automation platform enabling paperless transformation using legally valid eSignatures, multi factor Authentication, Access Management, Signing and Encryption that protect user logins and data at rest and in transit, and Artificial Intelligence. The company is also a public CA/Trust Service Provider and licensed CA in several jurisdictions.

Equitas Small Finance Bank Ltd.

Share price of Equitas Small Finance Bank Ltd. has fallen by 1.37%, and stood at Rs. 39.55, today till last traded. It is a small cap company with a market capitalization of Rs. 1,576 crore. The 52 week high level of this stock is Rs. 76.80, and 52 week low level of this stock is Rs. 39.30.

Equitas is one of the most reputed small finance banks in India. The small finance bank finances in the segments of Vehicle Finance, Loan Against Property, Inclusive Banking, Gold Loans, Interest Rate Framework, MSME Loan, Merchant Overdraft, Agro Processors/Manufacturers, and Traders in Agri Commodities. Recently, its Managing Director (MD) and Chief Executive Officer (CEO) P N Vasudevan has resigned, and since then the bank's share price started to tank.

UTI Asset Management Company Ltd.

Share price of UTI Asset Management Company Ltd. has fallen by 0.26%, and stood at Rs. 647.00, today till last traded. It is a small cap company with a market capitalization of Rs. 1,576 crore. The 52 week high level of this stock is Rs. 1,216.20, and 52 week low level of this stock is Rs. 634.40.

In Q4FY22, UTI Asset Management Company recorded a net profit of Rs. 54 crore, falling by 60%, against Rs. 134 crore in Q4FY21. UTI's income gained 4% at Rs. 301 crore, while employees' benefits gained 55% to Rs. 115 crore. UTI AMC has been managing assets across different businesses, including domestic Mutual Fund, Portfolio Management Services, International business, Retirement Solutions, and Alternate Investment assets.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the article.