# HCDEN Insights

_{Not Investment Advice}

Stocks that hit 52 Week Lows

9 May 2022 • Parikshit Singh

WIPRO made 52 week lows for 2 days in a row.

HDFCAMC made 52 week lows for 4 days in a row.

3MINDIA made 52 week lows for 4 days in a row.

SANOFI made 52 week lows for 2 days in a row.

GLENMARK made 52 week lows for 2 days in a row.

HINDCOPPER made 52 week lows for 2 days in a row.

KEC made 52 week lows for 2 days in a row.

MANAPPURAM made 52 week lows for 2 days in a row.

ITI made 52 week lows for 2 days in a row.

WELSPUNIND made 52 week lows for 2 days in a row.

FSL made 52 week lows for 3 days in a row.

RBLBANK made 52 week lows for 2 days in a row.

GRANULES made 52 week lows for 2 days in a row.

PNBHOUSING made 52 week lows for 2 days in a row.

PRSMJOHNSN made 52 week lows for 2 days in a row.

KALPATPOWR made 52 week lows for 2 days in a row.

ROSSARI made 52 week lows for 2 days in a row.

RBA made 52 week lows for 2 days in a row.

NAZARA made 52 week lows for 2 days in a row.

RALLIS made 52 week lows for 5 days in a row.

INFIBEAM made 52 week lows for 4 days in a row.

HGS made 52 week lows for 5 days in a row.

SUDARSCHEM made 52 week lows for 4 days in a row.

DBL made 52 week lows for 2 days in a row.

INDOSTAR made 52 week lows for 2 days in a row.

STAR made 52 week lows for 2 days in a row.

GULFOILLUB made 52 week lows for 2 days in a row.

BEPL made 52 week lows for 3 days in a row.

INEOSSTYRO made 52 week lows for 2 days in a row.

HIMATSEIDE made 52 week lows for 2 days in a row.

PIXTRANS made 52 week lows for 2 days in a row.

CARERATING made 52 week lows for 4 days in a row.

NURECA made 52 week lows for 2 days in a row.

SASKEN made 52 week lows for 4 days in a row.

DFMFOODS made 52 week lows for 2 days in a row.

FRETAIL made 52 week lows for 10 days in a row.

QUICKHEAL made 52 week lows for 2 days in a row.

A stock reaching a new level of low in the 52-week range is usually indicative of high amount of activity in the stock which could be either because of fundamental changes or simply due to increased trading activity on the downside.

If a stock has crossed its 52-week lows but closed at a higher price at day’s end, the momentum may not be strong and the stock might see a pull back.

But if a stock ends the day at its 52-week low it might indicate a small momentum building in the stock which could be driven by corporate events, large institutional selling, etc. This fall in price may last for a short period of time and may see some level of pull back eventually.

HCDEN Insights reflect the opinions of only the authors who are associated persons of the company and do not reflect the views of Hal Clyde Denison Limited or any of its subsidiaries or affiliates. They are for informational purposes only, and are not a recommendation of an investment strategy or to buy or sell any security, digital asset (cryptocurrency, etc) in any account. They are also not research reports and are not intended to serve as the basis for any investment decision.

All investments involve risk including the loss of principal and past performance does not guarantee future results.