The National Stock Exchange (NSE) has over 1,600 listed companies, and a significant number of them are trading at their 52-week low. This means that these companies' stock prices have fallen below their lowest point over the past year.
NSE data shows that around 10% of listed companies are currently trading at their 52-week low, which translates to over 160 companies. This is a significant number, indicating a broad-based decline in stock prices.
The NSE's benchmark index, the Nifty 50, has also seen a decline in recent months, which has contributed to the increase in the number of stocks trading at their 52-week low. The Nifty 50 has fallen by over 10% in the past year, making it one of the worst-performing indices globally.
As a result, many investors are taking a cautious approach, with some opting to sell their shares and others choosing to hold back on new investments.
Identifying Stocks Near 52 Week Low
Stocks trading at 52-week low prices can be a good opportunity for value investors. These stocks have not performed well in the past and may be undervalued, offering a chance for recovery.
To identify stocks near their 52-week low, you can use the near 52-week low metric. This metric allows you to identify stocks that may soon hit their 52-week low price, potentially offering buying opportunities.
Some stocks near their 52-week low include Arshiya Ltd., Sanginita Chemicals Ltd., and Akme Fintrade (India) Ltd. These stocks have a market capitalization of ₹82 Cr, ₹38 Cr, and ₹321 Cr, respectively.
Here's a list of some stocks near their 52-week low:
Remember to do thorough research before investing in any stock, as the reasons for a stock trading near its 52-week low can be complex and multifaceted.
Filtering Blue-Chip Stocks
Filtering Blue-Chip Stocks is a crucial step in identifying stocks near their 52-week low.
To filter on blue-chip stocks at 52-week lows, you can use a specific market capitalization filter.
Adding a filter on Market Cap of Minimum $10,000,000,000 ($10 billion) will include all Large Cap and up stocks.
This filter will narrow down your search to stocks with market capitalizations greater than $10 billion that are at or near their 52-week low.
NSE and 52 Week Low
NSE stocks trading at their 52-week low can be a sign of negative sentiment and potential buying opportunities. These stocks are near their lowest price point compared to their performance in the last 1 year on the National Stock Exchange in India.
To identify these stocks, you can use the near 52-week low metric, which indicates that a stock has not performed well in the past and may have problems with its fundamentals. However, some of these stocks may be undervalued and offer a chance of recovery.
A list of stocks trading at their 52-week low or near their 52-week low is provided, including companies like Arshiya Ltd., Sanginita Chemicals Ltd., and Akme Fintrade (India) Ltd.
The near 52-week low share list helps identify undervalued stocks with potential rebound opportunities, useful for value investing and understanding market sentiment. However, it requires careful research to avoid stocks with fundamental issues.
Some stocks near their 52-week low can be identified as top losers, such as Kalyan Jewellers India Ltd., Newgen Software Technologies Ltd., and Ceat Ltd. Small cap stocks like Aditya Birla Fashion and Retail Ltd. and Apollo Tyres Ltd. are also near their 52-week low.
To filter on blue-chip stocks at 52-week lows, you can add a filter on Market Cap of Minimum $10,000,000,000 ($10 billion), which includes all Large Cap and up stocks. This will show you stocks with market capitalizations greater than $10 billion that are at or near their 52-week low.
Investing in 52-week low NSE stocks can be risky, and it's essential to do your own research and consult with a financial advisor before making any investment decisions.
Understanding the 52 Week Low
Stocks trading at their 52-week low can signal negative sentiment, and many investors may sell their existing holdings.
The near 52-week low metric is important as it allows you to identify stocks that may soon hit their 52-week low price.
Multiple reasons can cause a stock to trade near its 52-week low, such as poor company performance, market volatility, economic downturns, or negative news affecting the company or industry.
Stocks near their 52-week low can be a buying opportunity, but it's essential to analyze the company's fundamentals and market conditions thoroughly before investing.
As of 16 Jan, 2025, 11:44 AM, these stocks are near their 52-week low:
It's not advisable to invest in a stock solely based on recent price fluctuations, as this can lead to potential losses.
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