List of the Top 52 Week Low Stocks in Nifty 500 (2024)
The 52-week high and low are two crucial metrics in the stock market that can provide valuable insights into market trends, investor sentiment, and potential investment opportunities. Therefore, in this blog, we will delve into the significance of 52-week low stocks, what this metric means for stocks and how to find fundamentally strong stocks.
Top 52-Week Low Stocks in Nifty 500
| Stock Name | Sub-Sector | Market Cap (in cr) | Share Price | PE Ratio | % Away From 52W Low |
|---|---|---|---|---|---|
| CSB Bank Ltd | Private Banks | ₹5,455.52 | ₹323.65 | 9.62 | 3.83 |
| IDFC First Bank Ltd | Private Banks | ₹54,778.47 | ₹73.84 | 18.62 | 4.84 |
| CreditAccess Grameen Ltd | Consumer Finance | ₹19,018.16 | ₹1,221.05 | 13.15 | 5.90 |
| IDFC Ltd | Diversified Financials | ₹17,787.03 | ₹111.94 | 17.01 | 7.12 |
| Indusind Bank Ltd | Private Banks | ₹1,10,395.07 | ₹1,425.25 | 12.30 | 7.23 |
| Easy Trip Planners Ltd | Tour & Travel Services | ₹6,987.16 | ₹39.72 | 67.77 | 7.35 |
| Tamilnad Mercantile Bank Ltd | Private Banks | ₹7,393.43 | ₹470.80 | 6.90 | 7.48 |
| Shree Cement Ltd | Cement | ₹89,557.29 | ₹25,482.00 | 37.38 | 7.52 |
| Procter & Gamble Hygiene and Health Care Ltd | FMCG - Personal Products | ₹53,705.80 | ₹16,516.25 | 79.56 | 7.63 |
| Anupam Rasayan India Ltd | Specialty Chemicals | ₹8,529.76 | ₹778.80 | 66.32 | 8.11 |
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data on this list of 52 week low stocks in NSE and 52 week low share prices is from 30th August 2024. The data is derived from the Tickertape Stock Screener.
🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.
Overview of Stocks Near 52-Week Low
CSB Bank Ltd
CSB Bank Limited offers a range of banking and financial services in India, focusing on small and medium enterprises, retail customers, and NRIs. The bank operates through segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. As of 30th August 2024, the company had a market capitalisation of Rs. 5,455.52 cr., and its share price closed at Rs. 323.65. Over the last 5 years, the company’s revenue has grown at a yearly rate of 18.81%, higher than the industry average of 16.96%, and its market share increased from 0.28% to 0.3%.
IDFC First Bank Ltd
IDFC First Bank Limited offers a range of banking and financial services in India to individuals, corporates, SMEs, multinational companies, financial institutions, and the government. The bank operates through four main segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business. As of 30th August 2024, the company had a market capitalisation of Rs. 54,778.47 cr., and its share price closed at Rs. 73.84. Over the last 5 years, the company’s revenue has grown at a yearly rate of 22.72%, higher than the industry average of 16.96%, and its market share increased from 2.46% to 3.14%.
CreditAccess Grameen Ltd
CreditAccess Grameen Limited, a non-banking financial company headquartered in Bengaluru, India, provides microfinance services to women from low-income households. The company offers microcredit loans for income generation, home improvement, emergencies, and family welfare, along with specialised products like Grameen Unnati, Grameen Suraksha life insurance, and national pension schemes. Over the last 5 years, the company’s revenue has grown at a yearly rate of 32.15%, higher than the industry average of 14.67%, and its market share increased from 1.04% to 2.28%.
IDFC Ltd
IDFC Limited is a non-banking financial investment company in India, primarily holding investments in IDFC FIRST Bank through its subsidiary, IDFC Financial Holding Company Limited. Previously, the company was involved in asset management, FASTag, cash management, wealth management, wholesale and retail loans, and the distribution of insurance and mutual funds. Over the last 5 years, the company’s revenue has grown at a yearly rate of 15.86%, higher than the industry average of 11.19%, and its market share increased from 0.54% to 0.81%.
Indusind Bank Ltd
IndusInd Bank Limited provides a range of banking products and services to individuals, NRIs, business owners, corporates, and government and financial institutions. The bank operates across four main segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. As of 30th August 2024, the company had a market capitalisation of Rs. 1,10,395.07 cr., and its share price closed at Rs. 1,425.25. The company has a return on equity (ROE) of 15.19%, and its net profit margin is 16.28%.
Easy Trip Planners Ltd
Easy Trip Planners Limited, established in 2008 and headquartered in New Delhi, India, operates as an online travel agency in several countries, including India, the Philippines, Singapore, Thailand, the UAE, the UK, New Zealand, and the US. The company offers a variety of travel-related products and services through its EaseMyTrip portal, app, and in-house call centre. Over the last 5 years, the company’s revenue has grown at a yearly rate of 32.15%, higher than the industry average of 5.09%, and its market share increased from 1.36% to 5.7%.
Tamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Limited is a banking institution in India that offers a range of financial products and services across its Treasury, Corporate and Wholesale Banking, and Retail Banking segments. It provides various types of accounts, including savings, recurring, term deposit, and current accounts, along with debit and credit cards. As of 30th August 2024, the company had a market capitalisation of Rs. 7,393.43 cr., and its share price closed at Rs. 470.80. Over the last 5 years, the company’s net income has grown at a yearly rate of 32.9%, higher than the industry average of 31.6%.
Shree Cement Ltd
Shree Cement Limited, founded in 1979 and based in Kolkata, India, manufactures and sells various types of cement and clinker domestically and internationally. Its product range includes ordinary Portland, Portland pozzolana, Portland slag, and composite blocks of cement marketed under the Bangur brand. The company also produces ready-mix concrete and aerated autoclaved concrete blocks, a lightweight, precast building material. Over the last 5 years, the company’s revenue has grown at a yearly rate of 10.53%, higher than the industry average of 9.27%, and its market share increased from 5.04% to 5.34%.
Procter & Gamble Hygiene and Health Care Ltd
Procter & Gamble Hygiene and Health Care Limited, a subsidiary of The Procter & Gamble Company, produces and sells fast-moving consumer goods in the feminine care and healthcare sectors, both in India and internationally. The company’s product range includes healthcare items like ointments, creams, cough drops, and tablets, as well as feminine hygiene products and skincare hygiene products. Over the last 5 years, the company’s revenue has grown at a yearly rate of 7.25%, higher than the industry average of 6.71%, and its net income has grown at a yearly rate of 10%, also higher than the industry average of -2.38%.
Anupam Rasayan India Ltd
Anupam Rasayan India Ltd specialises in the custom synthesis and production of specialty chemicals for markets in India, Europe, Japan, Singapore, China, North America, and beyond. It provides specialty chemicals for various industries, including agro intermediates and active ingredients for agrochemicals, antibacterial and UV protection ingredients for personal care products, and intermediates for active pharmaceutical ingredients. Over the last 5 years, the company’s revenue has grown at a yearly rate of 23.64%, higher than the industry average of 6.61%, and its market share increased from 0.88% to 1.81%.
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What are 52-Week Low Stocks?
A 52-week low stock refers to shares that have reached their lowest price points within the last 12 months. It is a technical indicator used by traders, investors, and analysts to analyse the current value of a stock and predict its future price movements. Therefore, to determine 52-week low stocks, NSE takes into account those stocks that are near or breach their lowest price in the last year.
Significance of 52-Week Low Stock
When a stock hits its 52-week low, traders use it to identify entry and exit points for a stock. For instance, a NIFTY 52-week low can serve as an exit point for NIFTY stocks for some traders and for some it considered as an entry point.
Another interesting phenomenon occurs if a stock trades significantly below its opening price but then closes near the opening price, forming a ‘hammer candlestick’ pattern. This may be taken as a bottom indicator. However, stocks that can meet their 52-week low on the NSE can be considered vulnerable to a sudden bounce.
Strategies for Incorporating 52-Week Low Stocks in Investment Decisions
To incorporate 52-week low stocks NSE in investment decisions, consider the following strategies:
- Contrarian Investing: Contrarian investing involves purchasing stocks that are currently out of favour or trading at their lowest points. By identifying the best stocks at 52 week low, contrarian investors may find opportunities to capitalise on market sentiment being low. However, it is important to approach this strategy with caution, as these stocks may be low for valid reasons, and thorough analysis is essential to mitigate potential risks.
- Fundamental Analysis: Fundamental analysis is a technique used to assess the intrinsic value of an asset and analyse the factors that may affect its future price. Thus, conducting a thorough fundamental analysis when stocks nearing 52 week low may help investors in mitigating potential risks that come with buying stocks that are experiencing declines. This analysis may also help investors in making informed decisions.
How are 52-Week Low Stocks Calculated?
52 week low fundamentally strong stocks are calculated by identifying the lowest closing price of a particular stock over the previous 52-week period. This metric provides insights into a stock’s historical performance and potential future trends. The calculation involves comparing the current stock price to its 52-week low, which indicates whether the stock is trading at a significant discount. For example, if a stock’s current price is Rs. 50 and its 52-week low is Rs. 40, it means that the stock has experienced a significant decline compared to its recent highs and is trading closer to its 52-week low.
Leveraging 52-Week Low Stocks for Long-term Portfolio Growth
The 52-week low stock list is a powerful tool for investors. When a stock hits its 52-week low, it presents an opportunity for contrarian investors to buy at a significant discount compared to its recent highs.
By analysing the 52-week low stocks on NSE today, investors can gauge the current market sentiment and predict where a stock might go in the future. This list helps identify companies with strong fundamentals that have fallen out of favour, providing a chance for future price appreciation and dividend growth.
However, it is advisable to do your own research and/or consult a financial advisor before investing.
How to Find 52-Week Low Stocks?
To find Nifty 52 week low stocks, investors can utilise various resources and strategies. The stock exchanges, such as BSE and NSE, publish daily lists of stocks that have hit their 52-week lows. These lists provide a comprehensive view of the 52 week low NSE stocks that have breached their lowest price points within the last year.
Investors can also utilise reliable stock screeners such as Tickertape Stock Screener to track market trends and identify 52-week low stocks with “% Away from 52W Low” filter. Moreover, with over 200 filters, you can conduct your fundamental analysis to identify fundamentally strong 52-week low stocks and invest directly on Tickertape.
To get the list of best 52-week low stocks on Tickertape, follow the steps below:
Step-1: Go to the Stock Screener
Visit the Tickertape and navigate to the More section. Under ‘More’ section, click on Stock Screener.
Step-2: Apply Filter
In the Stock Screener, click on the ‘Apply Filters’ and utilise over 200+ available filters to sort the stocks based on your preferences. Add ‘% Away from 52W Low’ filter (sort from lowest to highest) to get the list of Nifty 52 week low stocks.
Considerations for Successful Trading Using 52-Week Low Stocks
Let’s look at the factors one should consider for successful trading using stocks near the 52-week low.
- Risk Management: Investing in shares at 52-week low can have inherent risks. Therefore, it is important to implement risk management strategies such as diversification and stop-loss orders to minimise potential losses.
- Market Conditions: Monitor market conditions and adjust investment strategies accordingly when trading NSE 52-week low shares. For example, during bear markets or economic downturns, contrarian investors may find more opportunities to invest in stocks at 52-week low.
- Company Analysis: You can conduct detailed analysis of the company’s financials, competitive advantage, purchase value, return on invested capital, and debt levels.
- Timing and Patience: Timing the entry and exit points when trading stocks at their 52-week low requires patience and careful observation. Therefore, it is advisable to carefully approach 52 weeks low stocks and assess the stock trend to monitor key indicators.
To Wrap It Up…
In conclusion, the 52-week low is a technical indicator that helps analysts predict future price movements and identify potential entry and exit points for trades. It is crucial to differentiate between temporary setbacks and long-term weaknesses and conduct thorough research on the company’s financial health, industry trends, and management quality before making any investment decisions. However, it is advisable to do your own research and/or consult a financial advisor before investing.
Frequently Asked Questions on 52 Week Low Stocks
The 52-week high/low figure can be used to identify entry or exit points for a stock. For instance, traders might buy a stock when its price surpasses the 52-week high or sell it when the price drops below the 52-week low. The logic behind this strategy is that if a price breaches the 52-week range, there might be a significant factor driving the momentum, which could continue to drive the price in the same direction.
The 52-week range is defined by the highest and lowest recorded prices of a security over the past year. This indicator may offer investors and traders a snapshot of the price volatility and trading range of the security over a significant period.
Investing in fundamentally strong stocks at 52 week low can be a good idea if you conduct thorough research on the company’s financial health, industry trends, and management quality before making any investment decisions.
Here is a list of the 52 week low stocks in India:
1. CSB Bank Ltd
2. IDFC First Bank Ltd
3. CreditAccess Grameen Ltd
4. IDFC Ltd
5. Indusind Bank Ltd
Note: The data on this 52 week low share list was taken on 30th August 2024.
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