The Indian stock market's two-faced personality was on full display Thursday, November 27, as over 50 names cratered to new 52-week lows amid relentless profit booking and sector-specific headwinds. While PSUs and banks celebrated highs, beaten-down mid and small-caps bore the brunt, with Adani Enterprises rights shares hitting rock bottom after a brutal 14% single-day wipeout.
Weak global cues, FII outflows ahead of the US Thanksgiving weekend, and margin pressures in leveraged positions fueled the downside. Surveillance-listed BZ/BE stocks dominated the list, underscoring liquidity and governance concerns in the broader market.
Top 20 Biggest Losers Among 52-Week Low Breakers
Here are the 20 stocks that suffered the sharpest percentage drops while breaching fresh 52-week lows:
- Adani Enterprises Rights – Down 14.22% to ₹418 (New low: ₹406)
- Byke Hospitality – Down 9.42% to ₹51.80 (New low: ₹49.80)
- Bilvyapar – Down 5.10% to ₹8.75 (New low: ₹8.75)
- Dr. Dilip's Laboratories – Down 5.00% to ₹80.75 (New low: ₹80.75)
- SKP – Down 5.94% to ₹198 (New low: ₹198)
- Studio LSD – Down 5.33% to ₹14.20 (New low: ₹13.60)
- Sarveshwar Foods – Down 2.99% to ₹4.55 (New low: ₹4.53)
- Snowman Logistics – Down 2.98% to ₹43 (New low: ₹42.81)
- BSHSL – Down 2.97% to ₹106.98 (New low: ₹105.82)
- Advent Hotel – Down 4.56% to ₹228 (New low: ₹221)
- EPACK – Down 4.10% to ₹252.85 (New low: ₹251.50)
- Tips Films – Down 4.40% to ₹369.70 (New low: ₹364)
- Captrust – Down 3.87% to ₹13.17 (New low: ₹13.02)
- Dangie Foods – Down 3.71% to ₹3.63 (New low: ₹3.45)
- Classic Electricals – Down 2.41% to ₹81 (New low: ₹80.10)
- Chemplast Sanmar – Down 2.25% to ₹285 (New low: ₹283.05)
- Prudential Moulding – Down 2.25% to ₹23.90 (New low: ₹23.55)
- Ducon Infratechnologies – Down 2.05% to ₹4.29 (New low: ₹4.06)
- Suntech – Down 2.32% to ₹46.30 (New low: ₹44.10)
- Sitinets – Down 2.70% to ₹0.36 (New low: ₹0.36)
Other prominent casualties included established names like Deepak Nitrite (₹1,557.60), Entero Healthcare (₹1,031.50), Sanofi India (₹4,350.10), and Shilchar Technologies (₹4,055) — all scraping new lows despite broader market consolidation.
The NSE data highlighted vulnerability in hospitality (Byke, Advent), chemicals (Chemplast, Deepak), and logistics (Snowman, EFCIL), where earnings misses and high valuations amplified the pain. With Muharram holiday closing markets Friday, traders are eyeing a potential rebound Monday, but caution prevails on these underperformers.
Investors: New 52-week lows can trap capital for months — prioritize quality over quantity in this bifurcated tape.
