BSE Midcap, Smallcap index at fresh 52-week low; Infibeam Avenues tanks 58%

IIFL Holdings, Motilal Oswal Fin, PNB Housing, Reliance Capital, Reliance Infra, Edelweiss Financial and Supreme Industries were among 193 stocks from the midcap and smallcap indices hit 52-week lows.

Shares of mid-cap and smallcap companies continued to remain under pressure on Friday as well, with the S&P BSE Midcap (14,762) and the S&P BSE Smallcap (14,643) indices hitting their respective 52-week lows in intra-day trade on the BSE.

At 09:51 am; the midcap and smallcap indices were down 0.93% and 1.69%, respectively, as compared to 0.10% decline in the S&P BSE Sensex. Thus far in September, mid-and small-cap indices have tanked 13% each, as against 6% fall in the benchmark index, the S&P BSE Sensex.

IIFL Holdings, Motilal Oswal Financial Services, PNB Housing Finance, Reliance Capital, Reliance Infrastructure, Edelweiss Financial Services, Supreme Industries, Aban Offshore, Atlanta, Apollo Tyres were among 193 stocks from the midcap and smallcap universe that hit their respective 52-week lows on the BSE.

Among individual stocks, Infibeam Avenues has tanked 58% to Rs 83.70, on back of an over six-fold jump in trading volumes. A combined 54.73 million equity shares representing 8% of total equity of internet software & services company changed hands on the NSE and BSE.

"There is no pending information or announcement from the Company which may have a bearing on the price behavior in the scrip," Infibeam Avenues said on a clarification on current movements in share price.

Share of non-banking finance companies (NBFC) and housing finance companies (HFCs) like PNB Housing Finance, Dewan Housing Finance Corporation (DHFL) and Gruh Finance were down more than 5% on concerns of rising funding costs, which will affect net interest margins (NIMs) and growth.

COMPANY	LATEST	ONE-MONTH BEFORE	LOSS(%)
ROLTA INDIA	14.15	35.65	-60.31
INFIBEAM AVENUES	94.10	234.35	-59.85
DEWAN HSG. FIN.	274.20	665.70	-58.81
ADLABS ENTERT.	17.10	34.95	-51.07
SUNIL HITECH	1.45	2.72	-46.69
KWALITY	13.30	23.25	-42.80
PNB HOUSING	865.25	1411.00	-38.68
8K MILES	192.25	311.05	-38.19
JET AIRWAYS	184.45	294.80	-37.43
IL&FS INV.MANAG.	8.15	12.96	-37.11
JBF INDS.	26.25	41.05	-36.05
TPL PLASTECH	219.95	343.75	-36.01
PURAVANKARA	62.00	96.30	-35.62
ELECTROSTEEL ST.	32.35	50.10	-35.43
CENTRAL BANK	44.15	68.30	-35.36
KRIDHAN INFRA	46.90	72.20	-35.04
SREI INFRA. FIN.	32.75	50.25	-34.83
JP ASSOCIATES	7.28	11.17	-34.83
GPT INFRAPROJECT	92.00	141.00	-34.75
BOMBAY DYEING	168.10	256.30	-34.41
NITCO	45.00	68.60	-34.40
KSK ENERGY VEN.	1.04	1.58	-34.18
RUCHI SOYA INDS.	6.86	10.38	-33.91
INDIABULLS VENT.	536.65	805.00	-33.34
KRIDHAN INFRA	48.15	72.20	-33.31
GRAVITA INDIA	95.50	142.45	-32.96
RELIANCE CAPITAL	289.90	432.25	-32.93
REL. COMM.	12.30	18.33	-32.90
INDBULL.REALEST.	95.80	142.65	-32.84
RPP INFRA PROJ.	145.55	215.70	-32.52
BOMBAY BURMAH	1350.00	1994.95	-32.33
SPML INFRA	44.20	65.20	-32.21
CAMLIN FINE	50.20	73.70	-31.89
YUKEN INDIA	614.85	901.26	-31.78
V I P INDS.	421.80	617.40	-31.68
PANACEA BIOTEC	171.55	250.45	-31.50
CEREBRA INTEGR.	33.15	48.35	-31.44
L&T FIN.HOLDINGS	126.30	183.90	-31.32
SHRIRAM EPC	10.65	15.50	-31.29
ARCOTECH LTD	10.27	14.94	-31.26
ASHAPURA MINECH.	33.40	48.50	-31.13
TRIGYN TECHNO.	82.00	118.75	-30.95
EDELWEISS.FIN.	193.40	280.05	-30.94
VIVIMED LABS.	47.35	67.95	-30.32
UNITECH	2.72	3.89	-30.08
ADANI GREEN	41.00	58.50	-29.91
ADANI TRANSMISSI	165.10	234.95	-29.73

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