BSE Midcap, Smallcap indices hit over 10-month low

Total 142 stocks from the midcap and smallcap index include Aban Offshore, BEML, Century Textiles, Jet Airways, PC Jeweller and Tata Power hit 52-week low today

Shares of mid and smallcap companies were under pressure with the S&P BSE Midcap and Smallcap index falling 2% each, hitting over 10-month low on the BSE in intra-day trade on Monday.

The S&P Midcap index touched a low of 15,097, its lowest level since August 23, 2017, while the S&P Smallcap index hit low of 15,832, its lowest level since August 30, 2017.

Thus far in the calendar year 2018, the S&P BSE Midcap and S&P BSE small-cap indices have lost around 15% and 18% respectively, as compared to 7%t rise in the S&P BSE Sensex during this period.

Total 142 stocks from the midcap and smallcap index hit their respective 52-week low today. The list include Aban Offshore, BEML, Century Textiles, Jet Airways, PC Jeweller and Tata Power.

As many as 10 state-owned banks like Bank of India, Canara Bank, Oriental Bank of Commerce, Dena Bank and Andhra Bank and three Anil Ambani led Reliance Group companies – Reliance Capital, Reliance Infrastructure and Reliance Power were trading at their 52-week lows on the BSE.

PC Jeweller has tanked 26% to Rs 89 on the BSE after the company announced the withdrawal of proposed buyback offer due to the non-receipt of the NOC from the its bankers.

Den Networks slipped 13% to Rs 48, extending its 25% fall in past seven trading sessions, after the Reliance Industries’ chairman Mukesh Ambani announced the launch of Jio’s fibre to home or fixed line broadband services called Jio GigaFiber.

COMPANY	LATEST	PREV CLOSE	LOSS(%)
PC JEWELLER	90.35	119.95	-24.68
INDO RAMA SYNTH.	18.90	22.25	-15.06
DEN NETWORKS	49.25	56.15	-12.29
JINDAL STAIN .HI	124.90	139.60	-10.53
NCC	79.75	88.65	-10.04
DCB BANK	162.05	179.45	-9.70
G M BREWERIES	673.60	743.55	-9.41
JP ASSOCIATES	14.10	15.50	-9.03
RATTANINDIA INFR	3.52	3.86	-8.81
SHAKTI PUMPS	416.65	454.95	-8.42
GPT INFRAPROJECT	140.00	152.40	-8.14
ARSHIYA	52.00	56.45	-7.88
KITEX GARMENTS	102.90	111.65	-7.84
HATHWAY CABLE	16.05	17.40	-7.76
I G PETROCHEMS	470.00	508.85	-7.63
ASHOK LEYLAND	122.75	132.85	-7.60
A2Z INFRA ENGG.	20.70	22.40	-7.59
UJAAS ENERGY	10.05	10.87	-7.54
REL. COMM.	12.03	13.00	-7.46
RELIANCE CAPITAL	340.50	367.75	-7.41
RATTANINDIA POW.	3.25	3.51	-7.41
SETCO AUTOMOTIVE	44.40	47.85	-7.21
SATHAVAHA. ISPAT	14.00	15.08	-7.16
CHAMANLAL SETIA	106.00	114.05	-7.06
TATA COMM	560.40	602.85	-7.04
SRIKALAHAS. PIP.	222.00	238.75	-7.02
ITI	85.60	92.05	-7.01
JAIN IRRIGATION	77.90	83.75	-6.99
CAPITAL TRUST	409.90	440.65	-6.98
TATA TELE. MAH.	4.04	4.34	-6.91
RUSHIL DECOR	592.75	636.75	-6.91
KALYANI INVEST.	2020.00	2168.95	-6.87
IRB INFRA.DEVL.	190.15	204.15	-6.86
USHA MARTIN	24.50	26.30	-6.84
JAIN IRRIGAT-DVR	50.40	54.05	-6.75
IL&FS ENGG.	24.25	26.00	-6.73
WELSPUN CORP	109.00	116.85	-6.72
ASIAN OILFIELD	101.80	109.05	-6.65
SML ISUZU	740.00	792.05	-6.57
ZEE MEDIA	24.20	25.90	-6.56
JET AIRWAYS	310.15	331.85	-6.54
THIRUMALAI CHEM.	1410.05	1507.35	-6.46
T B Z	79.60	85.05	-6.41
JINDAL STAIN.	59.55	63.60	-6.37
SHRIRAM TRANS.	1174.55	1253.55	-6.30
RAMCO SYSTEMS	338.15	360.80	-6.28
RELIANCE POWER	29.15	31.10	-6.27
DREDGING CORPN.	500.25	533.55	-6.24
TIL	310.50	331.10	-6.22
TATA GLOBAL	242.85	258.85	-6.18
ITD CEM	125.85	134.10	-6.15
NOIDA TOLLBRIDG.	9.65	10.28	-6.13
VISAKA INDS.	501.25	533.35	-6.02