14 High-Quality Small & Midcap Stocks That Hit 52-Week Lows On NSE

The Sensex and the Nifty saw sharp recovery this week, thanks to short-covering ahead of the F&O expiry. Going ahead the RBI Monetary Policy would be key to market movement. In fact, the markets have already priced in a 25-basis points hike by the RBI. The problem right now for the stock markets is that the broader markets seem to be in the grip of severe bear hammering. Several quality stocks have hit their 52-week lows. Let's take a look at some of the small and midcap quality stocks that have plunged to 52-week lows on the National Stock Exchange.

14 good quality mid and small cap stocks at 52-week lows

Among the stocks that hit 52-week lows include names like Alpha Geo, Amrutanjan, Clean Science, Hitech Corp, Johnson Controls, Kitex Garments, Lux Industries, Metropolis Healthcare, Punjab Chemical, Ramco System, SIS, Sunteck Realty, Tidewater Oil and TMB.

Please note, that just because stocks have fallen to 52-week lows, it does not make them automatically attractive. Please study the fundamentals of these stocks before investing. Each of these stocks may have a variety of reasons to plunge to 52-week lows, but, largely it has to do with financial performance. Take the case of Lux Industries. The company's margins have been hit by rising cotton prices, though, we are seeing some fall in cotton prices now.

Ideally, one should look at dividend yields, price to earnings, structural changes in the business, cash flows, debt reduction or debt to equity ratio etc.

Apart from this investors should also note that as the market falls, there is a possibility that stocks could also fall. So, a large part of the movement would also depend on sentiments that are prevailing in the markets. Our suggestion is that investors should study the fundamentals of stocks or seek professional help. Another option would be to invest in mutual funds, in case you lack the knowledge of fundamental analysis.

Disclaimer

The article is meant to highlight stocks at 52-week lows and should not be construed as a "buy", "sell" or "hold" on these stocks. Neither Greynium Information Technologies, nor the author should be held responsible for losses incurred on a decision made after reading the article.