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
 "BSE Midcap, Smallcap indices hit over 10-month low")
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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.
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 |
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