scorecardresearchFrom Wipro to Info Edge: These stocks hit 52-week lows in trade today

From Wipro to Info Edge: These stocks hit 52-week lows in trade today

Updated: 06 May 2022, 12:42 PM IST
TL;DR.

Indian markets fell around 2 percent on Friday tracking sharp losses in the US markets overnight and Asian stocks. The weakness was seen across sectors in the domestic markets with IT, metals, realty, banks and financial services indices down between 2 and 3 percent each. The remaining sectors also held sharp losses. The Sensex fell as much as 1,112 points to its intraday low of 54,586.75 while the Nifty lost 342 points to its day's low of 16,341. Losses in bluechips Infosys, HDFC Bank, RIL, HDFC and ICICI Bank dragged the indices further. Let's take a look at the stocks that hit 52-week low in today's trade:

Strides Pharma Science: The stock hit its 52-week low of  <span class='webrupee'>₹</span>297 in intra-day deals, down 4 percent from yesterday's closing. The stock has lost over 7.5 percent just this week and over 63 percent in the last 1 year. 46 percent analysts polled by MintGenie has given a 'high risk' rating to the stock.

Strides Pharma Science: The stock hit its 52-week low of 297 in intra-day deals, down 4 percent from yesterday's closing. The stock has lost over 7.5 percent just this week and over 63 percent in the last 1 year. 46 percent analysts polled by MintGenie has given a 'high risk' rating to the stock.

Wipro: The stock fell 4 percent to hit its 52-week low of  <span class='webrupee'>₹</span>481.10 per share on the BSE in today's trade. The IT major has lost around 3.5 percent in May till now and has risen just 2 percent in the last 1 year. In the last 1 month the stock has lost over 20 percent. The firm recently annpunced it Q4 numbers which did not please the Street. Wipro's net profit rose 3.85 percent YoY to  <span class='webrupee'>₹</span>3,087 crore in Q4FY22 and revenue was up 28 percent YoY at  <span class='webrupee'>₹</span>20,860 crore from the previous year's  <span class='webrupee'>₹</span>16,245 crore. 26.5 percent analysts polled by MintGenie has given a 'balanced risk' rating to the stock.

Wipro: The stock fell 4 percent to hit its 52-week low of 481.10 per share on the BSE in today's trade. The IT major has lost around 3.5 percent in May till now and has risen just 2 percent in the last 1 year. In the last 1 month the stock has lost over 20 percent. The firm recently annpunced it Q4 numbers which did not please the Street. Wipro's net profit rose 3.85 percent YoY to 3,087 crore in Q4FY22 and revenue was up 28 percent YoY at 20,860 crore from the previous year's 16,245 crore. 26.5 percent analysts polled by MintGenie has given a 'balanced risk' rating to the stock.

Prism Johnson: The stock fell as much as 4.7 percent to its 52-week low of  <span class='webrupee'>₹</span>108.35 per share on the BSE. It has fallen 4 percent in the last 1 week and 15 percent in the last 1 year. Prism Johnson is a building materials company. The Company's segments include Cement, Tile and Bath (HRJ), and Ready Mixed Concrete (RMC). 41 percent analysts polled by MintGenie have given a 'balanced risk' rating to the stock.

Prism Johnson: The stock fell as much as 4.7 percent to its 52-week low of 108.35 per share on the BSE. It has fallen 4 percent in the last 1 week and 15 percent in the last 1 year. Prism Johnson is a building materials company. The Company's segments include Cement, Tile and Bath (HRJ), and Ready Mixed Concrete (RMC). 41 percent analysts polled by MintGenie have given a 'balanced risk' rating to the stock.

Info Edge: The stock shed 9 percent to its 52-week low of  <span class='webrupee'>₹</span>3,753 per share on the BSE. It has lost 6 percent this week and 15 percent in the last 1 year. The firm is engaged in operating multiple Internet-based services through its various Web portals and mobile applications. Its brands include brands naukri.com, iimjobs.com, hirist.com, ambitionbox.com, bigshyft.com, jobhai.com, 99acres.com, jeevansaathi.com, and shiksha.com. 40 percent analysts polled by MintGenie have given a 'balanced risk' rating to the stock.

Info Edge: The stock shed 9 percent to its 52-week low of 3,753 per share on the BSE. It has lost 6 percent this week and 15 percent in the last 1 year. The firm is engaged in operating multiple Internet-based services through its various Web portals and mobile applications. Its brands include brands naukri.com, iimjobs.com, hirist.com, ambitionbox.com, bigshyft.com, jobhai.com, 99acres.com, jeevansaathi.com, and shiksha.com. 40 percent analysts polled by MintGenie have given a 'balanced risk' rating to the stock.

PNB Housing: The stock fell 4.7 percent to its 52-week low of  <span class='webrupee'>₹</span>343.35 per share on the BSE. It has lost over 7 percent just this week and has remained flat in the last 1 year. 45 percent analysts polled by MintGenie have given a 'balanced risk' rating to the stock.

PNB Housing: The stock fell 4.7 percent to its 52-week low of 343.35 per share on the BSE. It has lost over 7 percent just this week and has remained flat in the last 1 year. 45 percent analysts polled by MintGenie have given a 'balanced risk' rating to the stock.

Future Retail: The stock fell 4.85 percent to hit its 52-week low of  <span class='webrupee'>₹</span>18.65 per share on the BSE. This is the ninth consecutive session, the stock has hit its 5-percent lower circuit. Yesterday, the firm announced that Managing Director Rakesh Biyani has stepped down while officials, including the company secretary of the debt-ridden firm, have also tendered their resignations. The firm is facing an insolvency petition by its lenders before the National Company Law Tribunal. The exodus comes after a  <span class='webrupee'>₹</span>24,713-crore deal was called off by Reliance Retail. 64 percent analysts polled by MintGenie has given a 'high risk' rating to the stock.

Future Retail: The stock fell 4.85 percent to hit its 52-week low of 18.65 per share on the BSE. This is the ninth consecutive session, the stock has hit its 5-percent lower circuit. Yesterday, the firm announced that Managing Director Rakesh Biyani has stepped down while officials, including the company secretary of the debt-ridden firm, have also tendered their resignations. The firm is facing an insolvency petition by its lenders before the National Company Law Tribunal. The exodus comes after a 24,713-crore deal was called off by Reliance Retail. 64 percent analysts polled by MintGenie has given a 'high risk' rating to the stock.

RBL Bank: The stock fell 4.7 percent to its 52-week low of  <span class='webrupee'>₹</span>113.25 per share on the BSE. The stock has lost 5 percent this week and 35 percent in the last 1 year. Recently the bank announced that its board has approved raising up to $100 million by issuing US dollar-denominated bonds. 60 percent analysts polled by MintGenie have given a 'high risk' rating to the stock.

RBL Bank: The stock fell 4.7 percent to its 52-week low of 113.25 per share on the BSE. The stock has lost 5 percent this week and 35 percent in the last 1 year. Recently the bank announced that its board has approved raising up to $100 million by issuing US dollar-denominated bonds. 60 percent analysts polled by MintGenie have given a 'high risk' rating to the stock.

Hind Copper: The stock fell 4.4 percent to hit its 52-week low of  <span class='webrupee'>₹</span>105.05 per share on the BSE. The stock has lost over 6 percent just in May and around 30 percent in the last 1 year. 47 percent analysts polled by MintGenie have given a 'high risk' rating to the stock.

Hind Copper: The stock fell 4.4 percent to hit its 52-week low of 105.05 per share on the BSE. The stock has lost over 6 percent just in May and around 30 percent in the last 1 year. 47 percent analysts polled by MintGenie have given a 'high risk' rating to the stock.

First Published: 06 May 2022, 12:42 PM IST