return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. Stocks
    /
  5. Stock market fall: Star Health, Orchid Pharma, Gensol Engineering hit 52-week low; here's why

Market News

Stock market fall: Star Health, Orchid Pharma, Gensol Engineering hit 52-week low; here's why

Upstox
By Upstox News Desk

3 min read | Updated on March 26, 2025, 13:18 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

NIFTY50 and SENSEX opened marginally higher, but benchmark indices soon gave up their morning gains to trade lower amid profit booking. Star Health, Orchid Pharma, and Gensol Engineering were among 127 stocks that hit a 52-week low today.

Stock list

STARHEALTH
--
RATEGAIN
--
HAPPSTMNDS
--
ORCHPHARMA
--
GENSOL
--
Gensol Engineering hit the 5% lower circuit for a third day. | Image: Shutterstock

Gensol Engineering hit the 5% lower circuit for a third day. | Image: Shutterstock

As many as 127 stocks hit their lowest level in a year on Wednesday, March 26, as the benchmark equity indices snapped their seven-day winning spree to trade in the red.

Around 12:45 pm, the NIFTY 50 index dropped 87 points, or 0.37%, to 23,581. The BSE SENSEX also slipped 394 points, or 0.51%, to 77,622.

The India VIX index, or the volatility index, remained flat at 13.64. Among the sectoral indices, the NIFTY Media and the NIFTY Pharma indices were the top losers, down 1.7% and 0.7%, respectively.

Here’s a look at the major stocks that touched their 52-week lows on March 26:

Star Health and Allied Insurance (52-week low: ₹340.05)

Shares of Star Health and Allied Insurance Co. Ltd fell as much as 2% on Wednesday to hit their 52-week low of ₹340.05 apiece on the National Stock Exchange of India (NSE). The stock is down 28% year-to-date in the calendar year 2025.

The stock has taken a hit following media reports that said that serious lapses have been found by the Insurance Regulatory and Development Authority of India (IRDAI) in the company’s claims settlement practices. IRDAI is expected to take action against the insurer once the investigation concludes.

Rategain Travel Technologies (52-week low: ₹430.2)

Shares of Rategain Travel Technologies Ltd slipped 1% on Wednesday to hit their 52-week low of ₹430.2 apiece on the NSE. The stock is down almost 6% in the past five trading sessions and over 13% in the last one month. Over the one-year period, the share price has declined by 43%.

Happiest Minds Technologies (52-week low: ₹624.5)

Shares of Happiest Minds Technologies Ltd fell 1.7% on Wednesday to hit their 52-week low of ₹624.5 apiece on the NSE. The stock has corrected by 10% in the past one month and 18% in the past one year.

The company last week announced major changes in its organisational structure with immediate effect. Ashok Soota was moved to the role of chairman and chief mentor, while Joseph Anantharaju was made co-chairman and chief executive officer of the company. Anantharaju was earlier the executive vice-chairman, president and chief executive officer of the company’s PDES (product and digital engineering services) division.

Orchid Pharma (52-week low: ₹767.8)

Shares of Orchid Pharma Ltd declined 2.7% on Wednesday to hit their 52-week low of ₹767.80 apiece on the NSE. The stock has corrected by 7.5% in the past five trading sessions and 18% in the last one month. Year-to-date, it is down 57%.

Pharma stocks are falling on US President Donald Trump’s threats the US would impose tariffs on autos, pharmaceuticals and aluminium in “the very near future”. Since Indian pharma companies are major exporters to the US, the economic uncertainty is weighing on their share prices.

Gensol Engineering (52-week low: ₹204.4)

Shares of Gensol Engineering Ltd hit the 5% lower circuit for a third day on Wednesday to hit their 52-week low of ₹204.4 apiece on NSE. The stock has plunged 20% in the past five trading sessions and a whopping 63% in just the past one month.

The stock price is tumbling as Gensol Engineering is under scrutiny for high debt levels. The company has seen multiple rating downgrades amid concerns over delays in servicing term loan obligations.

Other stocks that hit 52-week low: Bharat Gears Ltd, Kesoram Industries Ltd, Megastar Foods Ltd, Nureca Ltd, Praxis Home Retail Ltd, Vakrangee Ltd, TGB Banquets And Hotels Ltd, Astron Paper and Board Mill Ltd, among others.
Upstox

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story