7 Sensex stocks hit 52-week low; Sun Pharma falls 33% in a month

Coal India, ONGC, NTPC, Sun Pharma, Tata Motors, Tata Motors DVR and Vedanta were among seven stocks from the S&P BSE Sensex hit 52-week lows today.

Shares of Coal India, Oil and Natural Gas Corporation (ONGC), NTPC, Sun Pharmaceutical Industries, Tata Motors, Tata Motors DVR and Vedanta are among the seven stocks from the S&P BSE Sensex index that hit their respective 52-week low on the BSE in trade on Monday.

Deepak Fertilisers and Chemicals, FDC, Jindal Steel & Power (JSPL), Reliance Capital, Shankara Building Products, Rain Industries, Quess Corp, Supreme Industries, Tata Coffee, Tata Global Beverages, Tejas Networks and Vedanta were among 56 stocks from the S&P BSE 500 index that touched 52-week low amid a global sell-off. That apart, a rise in oil prices and a weak rupee also affected investor sentiment.

Amara Raja Batteries, Ashok Leyland, Balkrishna Industries, Force Motors and Bharat Forge from the automobile sector stocks continued under pressure after the auto companies delivered a subdued volume performance in November 2018 and concerns of muted outlook.

Metal shares too reeling under pressure with the S&P BSE Metal index and Nifty Metal index hitting fresh 52-week lows amid fears of global slowdown.

Sun Pharma tanks 33%

Among the individual stocks, Sun Pharma has dipped 3% to Rs 399, its lowest level since March 7, 2013. The stock of drug firm has fallen 33% from Rs 596, on back of negative news flow and disappointing September quarter results (Q2FY19). It fell 19% in past six trading days, even though the company made a clarification related to corporate governance and whistleblower issues. Brokerages are concerned about an increase in unsecured loans and advances to employees, domestic super-stockist distribution structure, as well as lack of clarity on a whistle-blower case.

Shankara Building Products hit a new low of Rs 512, down 5%, plunging 50% in past one month, over the concerns of margin pressure for the next couple of quarters. The home improvement products maker had posted 47% year on year (y-o-y) decline in its net profit at Rs 91 million in Q2FY19, due to higher operational costs.

Total income grew 12.6% at Rs 5,716 million on y-o-y basis. Floods and heavy rains, especially in Kerala and South Karnataka, have impacted the performance. The stock was trading at its lowest level since listing April 6, 2017, and 10% away from its initial public offer price of Rs 460 per share.

COMPANY	LATEST	52 WK LOW	PREV LOW	PREV DATE
ADVANCE. ENZYME.	165.50	165.20	166.10	09-Oct-18
AMARA RAJA BATT.	687.00	683.30	688.00	06-Dec-18
ASHOK LEYLAND	101.05	97.70	101.20	06-Dec-18
B H E L	64.10	63.55	64.40	07-Dec-18
BALKRISHNA INDS	869.65	853.45	882.00	07-Dec-18
BHARAT FORGE	505.00	489.40	502.05	07-Dec-18
CIPLA	513.05	503.95	508.10	22-May-18
COAL INDIA	232.60	228.50	236.55	07-Dec-18
DEEPAK FERT.	137.95	135.85	141.25	07-Dec-18
DISH TV	33.70	32.45	33.50	07-Dec-18
FDC	177.10	175.70	179.00	07-Dec-18
FORCE MOTORS	1613.95	1600.00	1625.00	07-Dec-18
GENERAL INSURANC	272.50	270.35	271.30	06-Dec-18
GODREJ AGROVET	489.90	485.00	492.70	01-Oct-18
H F C L	18.10	17.20	17.40	07-Dec-18
H U D C O	40.40	40.10	40.15	11-Oct-18
HSIL	196.90	192.35	196.65	07-Dec-18
IFB INDS.	832.70	826.00	830.00	07-Dec-18
IL&FS TRANSPORT	11.65	11.65	12.25	07-Dec-18
INOX WIND	72.25	72.25	73.00	10-Oct-18
ITD CEM	98.15	96.25	98.25	07-Dec-18
J KUMAR INFRA	120.35	118.00	118.00	29-Oct-18
JINDAL STAIN .HI	84.15	83.40	86.20	06-Dec-18
JINDAL STAIN.	32.30	31.00	33.80	07-Dec-18
JINDAL STEEL	144.30	140.80	143.35	06-Dec-18
JK TYRE & INDUST	88.00	86.70	87.70	09-Oct-18
KRBL	289.20	286.25	288.00	29-Nov-18
MEGHMANI ORGAN.	54.55	54.00	55.00	09-Nov-18
NBCC	49.35	48.00	51.00	26-Oct-18
NETWRK.18 MEDIA	36.70	36.10	36.75	07-Dec-18
NEW INDIA ASSURA	195.00	194.00	194.00	06-Dec-18
NILKAMAL LTD	1467.70	1454.25	1460.00	06-Dec-18
NTPC	135.00	134.85	136.75	07-Dec-18
O N G C	137.25	136.55	138.00	29-Nov-18
OIL INDIA	172.65	172.15	177.70	07-Dec-18
ORIENT CEMENT	74.95	74.00	76.00	07-Dec-18
QUESS CORP	596.05	581.10	612.45	07-Dec-18
RAIN INDUSTRIES	122.35	121.50	125.50	07-Dec-18
RELIANCE CAPITAL	202.85	200.00	203.65	07-Dec-18
S A I L	49.90	49.40	50.55	07-Dec-18
SHANKARA BUILD.	515.00	512.30	535.25	07-Dec-18
SHARDA CROPCHEM	265.85	262.10	266.00	07-Dec-18
SJVN	25.20	24.90	24.95	19-Oct-18
SOMANY CERAMICS	278.75	270.60	277.20	07-Dec-18
SPARC	202.15	195.00	200.00	07-Dec-18
SUN PHARMA.INDS.	401.00	399.00	402.10	05-Dec-18
SUPREME INDS.	947.95	935.85	945.90	08-Oct-18
TATA COFFEE	91.00	90.65	91.80	10-Oct-18
TATA GLOBAL	205.50	203.15	203.50	07-Dec-18
TATA MOTORS	158.80	157.50	160.75	07-Dec-18
TATA MOTORS-DVR	87.30	86.60	87.55	07-Dec-18
TEJAS NETWORKS	214.65	210.10	213.95	07-Dec-18
TEXMACO RAIL	55.05	50.20	51.00	07-Dec-18
TIME TECHNOPLAST	100.25	97.50	100.35	06-Dec-18
VA TECH WABAG	247.00	246.00	247.60	09-Oct-18
VEDANTA	192.95	190.50	190.60	27-Nov-18