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Bajaj Auto, Hero MotoCorp, Tata Motors hit 52-week low

Shree Cement, Grasim Ind, Container Corporation, Indian Bank, Motilal Oswal Financial, Edelweiss Financial and Oracle Financial Services were among 10 stocks from the S&P BSE 200 index hit 52-week low

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SI Reporter Mumbai
Bajaj Auto, Hero MotoCorp, Tata Motors, Shree Cement and Grasim Industries were among 10 stocks from the S&P BSE 200 index that hit their respective 52-week lows on the BSE.

Container Corporation, Indian Bank, Motilal Oswal Financial Services, Edelweiss Financial Services and Oracle Financial Services Software, too, hit 52-week lows today.

Shares of Bajaj Auto hit a 52-week low of Rs 2,465, down 5% on the BSE, after the company’s ebitda (earnings before interest, tax, depreciation and amortization) margin declined by 280 basis points at 18% in September quarter (Q2FY19), owing to higher input costs, adverse product mix