PNB, Gitanjali Gems, D B Corp among 17 stocks that hit 52-week low

Six public sector banks include Allahabad Bank, Corporation Bank, Dena Bank, Oriental Bank of Commerce and Union Bank of India touched 52-week lows on the BSE.

Punjab National Bank (PNB), Gitanjali Gems, Max India, Kwality, D B Corp, Repco Home Finance, Gateway Distriparks and Bhartiya International among 17 stocks among the S&P BSE 500 and Smallcap index hitting their 52-week lows on Thursday.

Besides PNB, total six public sector banks (PSBs) include Allahabad Bank, Corporation Bank, Dena Bank, Oriental Bank of Commerce and Union Bank of India touched 52-week lows on the BSE in intra-day trade on Thursday.

PNB plunged 14% to Rs 126 in intra-day trade today, extending its Wednesday’s 10% decline, after the state-owned bank yesterday disclosed that it has detected some fraudulent