Reliance, HUL and 3 Other Blue-Chip Stocks Trading Near 52-Week Lows to Keep on Your Radar

Synopsis: Indian markets show selective weakness as blue-chip stocks trade near 52-week lows despite strong fundamentals, with brokerages highlighting up to 47 percent upside potential.

Indian equity markets are currently witnessing selective weakness across several large-cap counters, with multiple fundamentally strong companies trading near their 52-week lows. Despite recent price corrections, these stocks continue to attract investor attention due to their strong balance sheets, stable earnings visibility, and leadership positions across key sectors.

Brokerage outlook remains largely constructive, with analysts highlighting long-term growth drivers such as improving demand conditions, steady margin profiles, and structural sectoral tailwinds. The recent decline in prices is being seen more as valuation cooling rather than a deterioration in fundamentals, making these names closely tracked for potential accumulation opportunities. Here are the stocks trading near their 52-week low 

Reliance Industries Ltd

Reliance Industries Ltd is a diversified conglomerate with major businesses in petrochemicals, refining, retail, and telecom through Jio. The company benefits from strong integration across energy and consumer segments, rapid expansion in digital services, and scale-driven growth in retail and telecom operations.

With a market capitalization of Rs 17,69,920 crore, the share of this company is currently trading at Rs 1,308 per share the last close, up only 1.4 percent from its 52-week low. Motilal Oswal has assigned a target price of Rs 2,800 on Reliance Industries Ltd, implying an upside potential of around 33.2 percent, supported by strong growth across retail, telecom, and energy businesses along with improving earnings visibility.

Hindustan Unilever Ltd (HUL)

Hindustan Unilever Ltd is India’s largest fast-moving consumer goods company, offering products across personal care, home care, and foods. It enjoys strong brand equity, deep rural and urban distribution, and steady demand for essential consumer products, supported by premiumisation and portfolio innovation.

With a market capitalization of Rs 4,93,778 crore, the share of this company is currently trading at Rs 2,102 per share, up only 3.9 percent from its 52-week low. ICICI Securities has assigned a target price of Rs 2,800 on Hindustan Unilever Ltd, implying around 33.9 percent upside the last close, supported by strong brands, steady demand, premiumisation, and stable margin outlook.

Mahindra & Mahindra (M&M)

Mahindra & Mahindra is a leading Indian automobile and farm equipment manufacturer. It produces SUVs, commercial vehicles, and tractors. The company benefits from strong rural demand, rising SUV penetration, and leadership in the tractor segment, supported by improving product mix and new EV initiatives.

With a market capitalization of Rs 3,73,506 crore, the share of this company is currently trading at Rs 3,004 per share, up only 3.7 percent from its 52-week low. ICICI Securities has assigned a target price of Rs 4,000 on Mahindra & Mahindra Ltd, implying an upside potential of around 33 percent the last close, supported by strong SUV demand, improving margin outlook, and robust growth in the farm equipment segment. 

Bharti Airtel Ltd

Bharti Airtel Ltd is a major telecom operator offering mobile, broadband, and enterprise services. It benefits from rising data consumption, tariff hikes, and strong subscriber upgrades. The company also has growing digital and Africa operations, improving long-term revenue visibility and cash flow generation.

With a market capitalization of Rs 11,08,855 crore, the share of this company is currently trading at Rs 1,820 per share, up only 4.5 percent from its 52-week low. Motilal Oswal has assigned a target price of Rs 2,355 on Bharti Airtel Ltd, implying an upside potential of around 29 percent the last close, supported by strong tariff growth, improving ARPU, and steady subscriber expansion.

ICICI Bank Ltd

ICICI Bank Ltd is one of India’s largest private-sector banks, offering retail, corporate, and digital banking services. It benefits from strong loan growth, improving asset quality, and a well-diversified credit portfolio. The bank also gains from strong retail franchise expansion and digital adoption.

With a market capitalization of Rs 8,87,578 crore, the share of this company is currently trading at Rs 1,238 per share, up 4.2 percent from its 52-week low. Prabhudas Lilladher has assigned a target price of Rs 1,825 on ICICI Bank Ltd, implying an upside potential of around 46.9 percent from the last close, supported by strong loan growth visibility, improving asset quality, and a robust retail banking franchise. 

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