113 Stocks Hit 52-Week Lows

On Monday, a total of 129 stocks climbed to their 52-week highs, signaling strong market momentum. Among the prominent names were Authum Investment & Infrastructure Ltd, Craftsman Automation Ltd, CreditAccess Grameen Ltd, Dalmia Bharat Ltd, Eicher Motors Ltd, HBL Engineering Ltd, TVS Motor Company Ltd, and UNO Minda Ltd.

On the other hand, 113 stocks recorded their 52-week lows, reflecting pressure in select pockets of the market. Notable among these were Deepak Nitrite Ltd, Five-Star Business Finance Ltd, United Breweries Ltd, Equitas Small Finance Bank Ltd, Route Mobile Ltd, and Marksans Pharma Ltd.

This contrasting trend indicates mixed investor sentiment, with strong buying interest driving several stocks to fresh highs, while others continued to face selling pressure. Such divergence in stock performance highlights the importance of stock-specific fundamentals and sectoral trends in the current market environment.

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