100s of titles, one news app for just $10 a month.
Latest Business news:
Clearview AI cops $13m fine in the UK, with help from Australia
Controversial facial recognition firm Clearview AI has been handed a $13.3 million fine by the UK privacy watchdog following a…
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
NSW government announces subsidy for waterlogged North Coast timber industry
Timber mills in Northern NSW have had to look further and further afield for wood in the wake of flooding…
Samsung commits $356 bn in investments with 80,000 new jobs
Seoul (AFP) - South Korean conglomerate Samsung Group on Tuesday unveiled a massive 450 trillion won ($356 billion) investment blueprint…
Aust 'back on the map' for green investors
The prospect of a government with more ambitious climate and energy transition plans has put Australia back on the map…
Putin’s State Oil Champion Suffers Biggest Production Drop
The state-run oil champion led by a close ally of President Vladimir Putin has seen the largest drop in production…
From analysis to good news, read the world’s best news in one place
Davos booster for $18 billion fund to fight AIDS, tuberculosis and malaria
A global health fund has raised a third of the $18 billion it says is needed to reverse setbacks caused…
World’s top fertiliser maker sees two years of high prices
In more bad news for farmers, a fertiliser that's key for crop production across the world will remain expensive for…

Naukri, PNB Housing to RBL Bank: These 5 stocks hit 52-week lows

By Asit Manohar
Naukri shares made a new 52-week low of ₹3500 apiece on NSE. (REUTERS)

Here we list out 5 blue-chip stocks that have hit new 52-week high in recent market sell-off:

1] Naukri or Info Edge: This blue-chip stock has shown some upside on pull back rally today. But on yesterday session, Naukri shares made a new 52-week low of 3500 apiece on NSE. In last one month, this new age company stock has corrected near 25 per cent whereas in YTD time, it has tumbled more than 35 per cent. Looking at its life-time high of 7,465.40 per share that it made in October 2021, the mid-cap stock has fallen more than 50 per cent.

2] Amara Raja Batteries: Yesterday, this stock hit its 52-week new low of 493.50 apiece on NSE. The blue-chip stock has dipped more than 10 per cent in last one month whereas in 2022, this stock has fallen from around 640 to 510 levels, descending to the tune of near 20 per cent this year. Compared to its 52-week high of 816 on NSE, the stock has tumbled around 37 per cent.

3] PNB Housing: Shares of this blue-chip company have fallen near 20 per cent in last one month whereas in 2022, PNB Housing share price has tumbled from around 490 to 325 apiece levels, logging near 35 per cent dip this year. Compared to its 52-week high of 925, this stock is currently quoting at a discount of near 65 per cent.

4] RBL Bank: This banking stock has been under sell-off heat for last one month. The RBL Bank share price in last one month has come down from near 130 to 114, clocking around 13 per cent dip in this period. However, in last 6 months, RBL Bank shares have fallen around 45 per cent. Recently, this banking stock made its new 52-week low of 100.80, which is around 55 per cent below from its 52-week high of 226.40 per share on NSE.

5] ICICI Securities: Share price of the brokerage company has tumbled around 25 per cent in last one month whereas in 2022, this stock has nosedived around 40 per cent. ICICI Securities share price recently hit its 52-week low of 462.20, which is around 48 per cent below its 52-week high of 496 apiece levels.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.