Mumbai, February 17, 2026 – Indian equities faced renewed pressure in the latest trading session, with Nifty dipping amid FII outflows and Q3 earnings disappointment from consumer and mid-cap sectors. Over 30 scrips hit fresh 52-week lows, led by sharp drops in VLEGOV (down 7.36% to ₹11.96 on governance concerns), ARMOUR (sliding 4.29% to ₹23.40 amid SME weakness), and AURIGROW (falling 3.13% to ₹0.31 on agro pressures). This extends February's volatility, with SMEs and mid-caps bearing the brunt on leverage unwind and weak demand signals.
The slide reflects broader caution ahead of budget and global cues, with volumes down 12% and decliners leading 1.5:1. Analysts see oversold bounces possible if PMI data surprises positively, but downside risks linger if FII selling persists.
Top 52-Week Low Decliners (Sorted by % Decline)
Here's a snapshot of the sharpest plungers in the latest session, from BSE/NSE data:
| Rank | Symbol | Series | LTP (₹) | % Change | New 52W Low (₹) | Prev. Low (₹) | Prev. Low Date |
|---|---|---|---|---|---|---|---|
| 1 | VLEGOV | EQ | 11.96 | -7.36 | 11.84 | 12.76 | 16-Feb-2026 |
| 2 | ARMOUR | SM | 23.40 | -4.29 | 23.05 | 23.50 | 17-Feb-2026 |
| 3 | AURIGROW | BE | 0.31 | -3.13 | 0.31 | 0.32 | 17-Feb-2026 |
| 4 | CLEDUCATE | EQ | 45.75 | -5.26 | 44.01 | 48.00 | 16-Feb-2026 |
| 5 | AISL | SM | 68.50 | -2.84 | 67.50 | 69.10 | 13-Feb-2026 |
| 6 | BALAXI | EQ | 22.00 | -0.18 | 21.82 | 21.90 | 11-Feb-2026 |
| 7 | BETA | EQ | 1,133.00 | 0.27 | 1,098.90 | 1,105.00 | 16-Feb-2026 |
| 8 | BIOPOL | ST | 102.00 | 1.75 | 95.25 | 100.25 | 16-Feb-2026 |
| 9 | BLUECOAST | EQ | 23.17 | -4.73 | 23.12 | 23.53 | 16-May-2025 |
| 10 | BLUEJET | EQ | 362.85 | 1.47 | 352.55 | 357.60 | 16-Feb-2026 |
| 11 | BLUESTONE | EQ | 404.35 | -1.50 | 403.40 | 404.00 | 16-Feb-2026 |
| 12 | CELLO | EQ | 467.60 | -2.02 | 466.55 | 468.00 | 16-Feb-2026 |
| 13 | CLEAN | EQ | 751.85 | 1.02 | 737.55 | 740.10 | 16-Feb-2026 |
Key Spotlights:
- VLEGOV's Sharp Fall: Tanked 7.36% to ₹11.96, brushing new low on governance concerns—volumes spiked.
- ARMOUR's SME Trouble: Down 4.29% to ₹23.40, hit by funding crunch.
- AURIGROW's Penny Pressure: Slid 3.13% to ₹0.31 amid growth stock caution.
- Broader Weakness: CLEDUCATE (-5.26% to ₹45.75) and AISL (-2.84% to ₹68.50) extended losses on capex caution.
