Five 52-week low stocks that could stage a solid recovery

A falling market inevitably churns many losers. Ours has too. With the Sensex off around 10 per cent from its high, around 62 per cent of the BSE universe was in decline last month. Some 10 per cent are at their lowest in a year. But declines like these that are less about fundamental problems and more about market fear are a delight—for investors who love figuring out what could go right for the market's biggest losers. We figured that for you. The filters below gave us 15 stocks that are at their 52-week lows despite having solid businesses. We picked out five for a detailed view on what could fuel their potential comeback. Our filters: Stock price recovery of not more than 5 per cent from its 52-week low Market cap of over Rs 10,000 crore P/E to five-year median P/E of up to 1.5 times Five-year median ROE of over 15 per cent Four-year profit after tax growth of over 15 per cent 15 turnaround candidates Company 52-week low price (Rs) Change from their 52-week high (%) 5-year median ROE (%) 4-year PAT growth (% pa) AIA Engineering 3,282 -30.5 16.4 17.8 Aptus Value Housing 286 -28.2 16.1 30.5 Asian Paints 2,257 -30.7 28.2 18.9 Astral 1,532 -36.7 18.5 21.6 Berger Paints 438 -25.5 23.7 15.6 Birlasoft 530 -37.0 15.9 29.1 Coal India 368 -31.7 52.1 22.3 Grindwell Norton 1,840 -36.8 20.1 20.2 Happiest Minds 693 -26.2 30.8 36.4 Hatsun Agro Product 956 -28.6 17.7 24.2 IRCTC 762 -33.5 39.7 21.3 RR Kabel

This article was originally published on January 11, 2025.