These 9 auto stocks hit 52-week lows, fall up to 23% in a month – Reeling Down

On Friday, the benchmark Sensex plunged 1,414 points, ending the day at 73,198. Amidst this market turmoil, nine stocks from the BSE Auto index hit their 52-week lows. A 52-week low represents the lowest price at which a stock has traded over the past year. While it can signal a potential buying opportunity for fundamentally strong stocks, it may also indicate underlying difficulties or negative trends within a company. Investors often use this metric to assess price movements and gauge overall market sentiment.