Tata Technologies, Bajaj Housing Finance, Tanla Platforms among 119 stocks that hit 52-week low today, check full list

As many as 119 stocks hit their lowest levels in 52 weeks on Wednesday, January 22, on the NSE even as the broader markets traded slightly positive.

As of 11:55 am, the NIFTY 50 index was up 36 points, or 0.16%, to 23,060.5. The BSE SENSEX rose 228.48 points, or 0.3%, to 76,066.84.

The volatility index, or India VIX, was flat at 17.05. Among sectoral indices, NIFTY Metal was the biggest loser. The index dropped 1.6%. On the other hand, NIFTY IT was the biggest gainer by rising up to 1.3%.

Here’s a look at the major stocks that touched their 52-week low on Wednesday, January 22:

Tata Technologies Ltd (52-week low: ₹788.65)

Tata Technologies on Tuesday reported a marginal decline in its December quarter net profit at ₹169 crore compared to ₹170 crore in the year-ago period. The company’s revenue from operations rose just 2% to ₹1,317 crore during the quarter against ₹1,289 crore in Q3FY24.

The stock, which made a debut at a premium of 140% over its issue price at ₹1,200 per share in November 2024, is now down 34.2% from its listing price.

Bajaj Housing Finance Ltd (52-week low: ₹110.67)

The stock had hit a downward slope after the company’s three-month lock-in period for anchor investors ended on December 12, 2024. This led to a sharp rise in the supply of shares, thereby potentially pushing the price down.

Tanla Platforms Ltd (52-week low: ₹617.05)

The company’s consolidated net profit for Q3FY25 dropped 15% year-on-year to ₹118.51 crore from ₹140.13 crore during the same quarter in the preceding financial year. Consolidated revenues from operations stood at ₹1,009.82 crore in Q3FY25, almost flat compared to ₹1,007.63 crore a year ago.

Tanla Platforms also declared an interim dividend for 2024-25 at the rate of ₹ 6 per equity share (i.e. 600%) of face value ₹1 each. The record date for determining the eligibility of shareholders for payment of the said interim dividend has been finalised as January 27, 2025.

Delhivery Ltd (52-week low: ₹312.35)

Delhivery this week forayed into the competitive quick commerce space with its under 2-hour delivery service Rapid Commerce. Delhivery COO Ajith Pai has said in various interviews that the company plans to add 6-10 stores in each metro, spread across an area of 1,500 sq. ft to 3,000 sqft, over the coming months.

Other stocks that hit 52-week high: Indiamart Intermesh Ltd, Cyient DLM Ltd, Kansai Nerolac Paints Ltd, JK Tyre and Industries Ltd, Bajaj Electricals Ltd, Brainbees Solutions Ltd (FirstCry), One Mobikwik Systems Ltd, 5Paisa Capital Ltd, Andhra Paper Ltd, Acme Solar Holdings Ltd, Astral Ltd, Barbeque Nation Hospitality Ltd, Birlasoft Ltd, Cello World Ltd, Easy Trip Planners Ltd, PVR Inox, Sanofi India Ltd, VIP Industries Ltd, Yatra Online Ltd, Somany Ceramics Ltd and Rajesh Exports Ltd, among others.