The Indian stock market has plunged significantly in 2022 giving opportunities for the value investors to pick high-quality stocks at reasonable prices. Amid the crash, leading BSE stocks have declined up to over -55% year till date. Here are the top BSE 500 Stocks that are trading near their 52-week lows:
Zomato Ltd
Zomato is India’s largest Food Delivery, Dining, and Restaurant Discovery Service provider company in India. It is a largecap stock with marketcap of approx ₹46,177 Cr. Zomoto’s share has crashed over -56.27% in 2022 YTD. It is currently trading at a share price of ₹60.50 with 52-week lows of ₹57.65.
Welspun India Limited
Welspun India is textile stock in India. It is Asia’s largest and the 2nd largest terry towel producer in the world It exports more than 94% of its home textiles products to more than 50 countries. Welspun is a small stock with marketcap of approx ₹7,899.69 Cr. Its share has crashed over -48.95% in 2022 YTD. It is currently trading at a share price of ₹80 with 52-week lows of ₹77.55.
Firstsource Solutions Ltd
Firstsource Solutions is an Indian business process management company headquartered in Mumbai, India, that operates in the BPO/ITeS Industry. It is owned by RP-Sanjiv Goenka Group. Firstsource is a small stock with marketcap of approx ₹7,671.67 Cr. Its share has crashed over -39.42% in 2022 YTD. It is currently trading at a share price of ₹112 with 52-week lows of ₹110.65. In the last 3 years, Firstsource has given a return of 125.55%.
Sterlite Technologies Limited
Sterlite Technologies is a leading digital network integrator that operates as an innovation powerhouse in next-gen technologies like 5G, AI , FTTx, WiFi, Analytics, Optical Interconnect, etc. Sterlite Technologies is a small stock with marketcap of approx ₹6,992.36 Cr. Its share has crashed over -37.51% in 2022 YTD. It is currently trading at a share price of ₹175 with 52-week lows of ₹170.
Manappuram Finance
Manappuram Finance Ltd, or MAFIL, is an Indian non-banking financial company. It provides a wide range of fund-based and fee-based services including gold loans, money exchange facilities, etc. MAFIL is a midcap stock with marketcap of approx ₹9,255.47 Cr. Its share has crashed over -33.59% in 2022 YTD. It is currently trading at a share price of ₹109 with 52-week lows of ₹106.90. The stock is currently trading at a TTM PE of 6.03.
Max Financial Services Ltd
Max Financial Services, or MFSL, is a part of Max Group and the holding company of Max Life Insurance. It nurtures business investments and provides management advisory services to Indian group companies. MFSL is a large stock with marketcap of approx ₹24,516.95 Cr. Its share has crashed over -33.59% in 2022 YTD. It is currently trading at a share price of ₹707 with 52-week lows of ₹700.
Info Edge India
Info Edge is an internet company in India that owns several online platforms like Naukri, Jeevansathi, 99Acres, Shiksha, etc. Infoedge also acts as an investor and has invested in many start-ups in the online space and is actively growing its investment portfolio like Zomato. It is a largecap company with marketcap of approx ₹50,240.05 Cr. Its share has crashed over -31.12% in 2022 YTD. It is currently trading at a share price of ₹3,897 with 52-week lows of ₹3,753.
Here is the list of the other top BSE 500 Stocks that are trading near their 52-week lows:
