Several stocks across the mainboard and SME segments slipped to their 52-week lows in Tuesday’s session, reflecting continued pressure in select pockets of the market amid weak sentiment.
Among the notable names, ABAN declined sharply to ₹27.49, marking a near 5 percent fall. ACC touched a fresh yearly low around ₹1,767, while Albert David, Anup Engineering, and Balaxi Pharmaceuticals also featured on the 52-week low list.
In the SME space, counters such as Atmastco, Chetana Education, and Arunaya Organics remained under pressure, with Atmastco sliding over 5 percent. Chemical and specialty players including Chemfab Alkalis, Chemplast Sanmar, and Bhagiradha Chemicals also traded near their lowest levels of the year.
On the relatively resilient side, Bhagiradha Chemicals and Corona Remedies managed marginal gains despite being near 52-week troughs, indicating selective bottom fishing by investors.
Market takeaway:
The expanding list of 52-week lows signals cautious investor sentiment, especially in mid-cap, small-cap, and SME stocks. Analysts advise investors to differentiate between fundamental weakness and valuation-led corrections before taking exposure at current levels.