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Amtek Group shares hit 52-week low

Amtek Auto, Metalyst Forgings and Castex Technologies were down upto 20% in intra-day trade.

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SI Reporter Mumbai
Shares of Amtek Group companies such as Amtek Auto, Metalyst Forgings and Castex Technologies  hit their respective 52-week lows on the BSE in an otherwise firm market.

All these stocks were trading lower in the range of 5% to 20% in intrad-day trade on the BSE, as compared to 0.41% rise in the S&P BSE Sensex.

Amtek Auto has tanked 20% to Rs 23.50 in intra-day trade, extending its Friday’s 12% decline on BSE. Metalyst Forgings slipped 16% to Rs 35.75, after its previous day’s 13% fall on the BSE.

Debt-ridden auto component firm Amtek Auto has plans