​These 5 stocks hit their new 52-week lows

Benchmark index Sensex closed lower for the second consecutive day and lost about 420 points to 60,613 on Thursday. During this weak trade, five stocks from the BSE 100 index slipped to touch their new 52-week lows.

The 52-week low is the lowest price a stock has traded during the last one year. Some traders and investors use this technical indicator as an important factor to analyse a stock’s current value and to predict its future price movement.