ITC, Mahindra & Mahindra trade close to their 52-week lows

Allahabad Bank, Gail (India), Reliance Capital, PC Jeweller, Ashoka Buildcon and Indostar Capital were among 11 stocks from the S&P BSE 500 index hitting their respective 52-week lows on the BSE.

Shares of FMCG major ITC and automobile company Mahindra & Mahindra (M&M), from the S&P BSE Sensex, were trading close to their respective 52-week lows on the BSE on Tuesday. These stocks were down in the range of 1 per cent to 2 per cent. In comparison, the S&P BSE Sensex was down 0.26 per cent at 40,381 points at 01:05 pm.

Among individual stocks, ITC was down 2 per cent to Rs 237, quoting close to its 52-week low of Rs 234, touched on September 18, 2019.  M&M was trading at Rs 509, down 1 per cent, and