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17 Stocks, From Suzlon to Ola Electric, Hit 52-Week Lows Despite Strong Market
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17 Shares Hit 52-Week Lows Amidst Strong Market: Suzlon, Ola Electric Plunge
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CNBC Awaaz
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23-02-2026, 14:57
17 Shares Hit 52-Week Lows Amidst Strong Market: Suzlon, Ola Electric Plunge
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Despite a strong Sensex, 17 shares from the BSE 500 index, including Suzlon Energy, Ola Electric, and Wipro, hit 52-week lows.
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IT sector giants like Wipro, KPIT Technologies, and LTTS saw significant declines, with Wipro down 22% year-to-date in 2026.
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Brokerage Jefferies adopted a cautious stance on Indian IT, downgrading several firms due to AI risks and demand changes.
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Ola Electric Mobility plunged to an all-time low of Rs 25.70, down 64% from its 52-week high, reporting a Q3FY26 net loss of Rs 487 crore.
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C.E. Info Systems (MapmyIndia) also fell to a 52-month low, with Q3FY26 profit down 41.9% and revenue decreasing by 18.2%.
Read Full Article on Cnbc in Hindi
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