Ceat, Engineers India, BEML, Jet Airways and Rallis India were among 41 stocks from the S&P BSE500 index hitting their respective 52-week lows on the BSE in intra-day trade on Tuesday.
The Singapore bourse's stock tumbled on news of the lawsuit, falling the most since April 4
The stock dipped 7% to Rs 785, also its fresh 52-week low on the BSE, after the company reported a lower than expected 5.3% growth in net profit at Rs 1.05 billion in March quarter.
Nifty, Bank Nifty, Sun Pharma, Coal India, Bajaj Auto
On NSE, shares of the company settled at Rs 585, a gain of 2.27 per cent
Though the stock has fallen over 30% in the past year, multiple headwinds mean it will continue to lag its peers and the Sensex; consistent volume growth at JLR is crucial for rerating
Provisioning for depreciation of investments also affected the bank's bottom line
Market leader has done better on revenue front, margins
Colgate's raw material costs as a percentage of sales dropped to 34.6 of its net sales in Q4 from 37.5 in the year-ago quarter
Century's capacities in Madhya Pradesh, Chhattisgarh and Maharashtra, and its West Bengal grinding unit will help UltraTech emerge the leader in central and east India in a short time
Midcap index fares no better, is down 15% from peak in January, and shaving 8.5% this month
Sensex has lost 2.6% in the last five sessions on account of political uncertainty and rising crude oil prices
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
In the past two weeks, Ashok Leyland has underperformed the market by falling over 18% as compared to 1.2% decline in the S&P BSE Sensex
This was the fifth consecutive session of losses for the markets. PSU bank stocks, however, bucked the trend
Stock ideas from Anand Rathi Research
Thus far in the month of May, the Smallcap and Midcap indices were down 8% each, against 1.4% decline in the Sensex.
The stock has dipped 6% to Rs 1,338, extending its Friday's 5% decline on the BSE after the company announced promoter R K Damani would pare his stake to comply with the shareholding norms.
The stock fell 8% to Rs 760, extending its 5% decline on Friday on the BSE after the company reported a lower than expected 10.7% growth in standalone net profit at Rs 1.1 billion in March quarter.
The stock declined 12% to Rs 935, also its 52-week low on the BSE in intra-day trade, after the company said its board approved demerger of cement biz into UltraTech Cement through a share-swap deal.