17 BSE 500 Stocks Hit 52-Week Lows; Suzlon, Ola Electric, Wipro Among Major Laggards

At least 17 stocks from the BSE 500 hit their 52-week lows during Monday’s intra-day, even though the broader market remained strong. The BSE Sensex was up 0.4% at 83,134 around 12:25 PM.

Among the stocks that slipped to yearly lows were Suzlon Energy, Ola Electric Mobility, Bata India, Reliance Power, Mankind Pharma, Inox Wind and Just Dial. These stocks were down by up to 4% during the session.

IT and Tech Stocks Also Under Pressure

Several information technology (IT) companies also hit fresh 52-week lows. These included Wipro, Cyient, Hexaware Technologies, KPIT Technologies and L&T Technology Services.

From the IT-related space, Info Edge (India) and C.E. Info Systems (MapmyIndia) also touched new lows. Other stocks such as Afcons Infrastructure, Concord Biotech and Clean Science and Technology were among the laggards.

Wipro Falls 22% in CY26 So Far

Shares of Wipro fell about 2.4% to ₹204 during intra-day trade. So far in calendar year 2026, the stock has declined 22%, compared to a 2.4% drop in the Sensex. Other IT stocks such as L&T Technology Services, Hexaware and KPIT Technologies have corrected between 25% and 35% this year.

Ola Electric Hits All-Time Low, Down 64% from Peak

Shares of Ola Electric fell 3.3% to ₹25.70, marking a new all-time low. The stock has dropped 64% from its 52-week high of ₹71.24 touched in September 2025. Heavy trading volumes were seen, with over 71 million shares exchanged on the NSE and BSE combined.

For Q3FY26, the company reported a net loss of ₹487 crore, compared to ₹564 crore in the same quarter last year. Revenue fell sharply by 55% year-on-year to ₹470 crore. 

Read More: India’s Forex Reserves Rise by $8.66 Billion to Reach Record $725.7 Billion.

C.E. Info Systems Profit Falls 42% YoY

C.E. Info Systems (MapmyIndia) hit a 52-week low of ₹1,095.70 and has declined 15% in the past seven trading sessions. For Q3FY26, the company reported a 41.9% year-on-year fall in consolidated profit to ₹18.8 crore. Revenue declined 18.2% to ₹93.7 crore. The company said the weak performance was partly due to seasonal factors.

Conclusion

Even as the broader market remained firm, several mid- and large-cap stocks hit fresh 52-week lows, especially in the IT and new-age sectors. 

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