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HUL, PB Fintech Among 7 Stocks in Freefall
5 Oct
Summary
- Seven stocks, including major names like Hindustan Unilever, hit 52-week lows.
- PB Fintech experienced the steepest decline, falling approximately 47% in a month.
- The benchmark Sensex also saw a slight decrease, closing down 49 points.
Several key stocks, including Hindustan Unilever and PB Fintech, recently reached 52-week lows, signaling significant price declines over the past month. PB Fintech experienced a sharp fall of approximately 47%, hitting a new low of Rs 945. Hindustan Unilever also saw its stock dip by about 8%, reaching Rs 1827.1. Britannia Industries, Tata Consumer Products, Godrej Consumer Products, Bharat Electronics, and Indian Oil Corporation were also among the eight BSE 100 Index stocks that touched their lowest trading prices in a year. These companies recorded monthly declines ranging from 4% to 8%. The broader market sentiment was reflected in the benchmark Sensex, which fell 49 points to close at 72,480 on Wednesday. The article highlights the recent performance and lowest price points for these specific companies, indicating a period of downturn for several established players in the Indian stock market.
