Havells India among 8 midcap stocks that hit 52-week lows and slipped up to 15% in a month

Havells India, along with seven other midcap stocks, has hit 52-week lows, with some experiencing significant losses. These stocks, including Procter & Gamble Hygiene, Bharti Hexacom, REC, SJVN, ACC, GIC, and UPL, have seen their prices drop up to 15% in a month. This decline is largely due to the Sensex's sharp drop of 1,124 points to 72,771, which has triggered a wave of fresh 52-week lows in midcap stocks. This decline in midcap stocks can be a concern for investors, as it may indicate a broader market downturn.

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The Sensex plunged 1,124 points to 72,771, triggering fresh 52-week lows in eight BSE 150 Midcap stocks. This indicates a significant decline in investor sentiment and market confidence.

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