Midcap 100, Smallcap 100 index down 1%; MRF, Biocon, Swiggy at 52-week lows
MRF Tyres is in focus.
· Business Standard Mkts
Yes Bank, PI Industries, MRF, Swiggy, Biocon, NMDC, Tube Investments of India, Vishal Mega Mart, Voltas and Max Financial Services from the Midcap 100 index hitting their respective 52-week lows.
The analysis
MRF Tyres reported movement of 1%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.1% on the day at ₹1,16,775.00, and has returned -13.4% over three months. It sits 26% below its 52-week high, which means a good deal of bad news was already in the price. The auto sector has moved -7.7% over the same period, so MRF Tyres is running 5.7 points behind its peers.
For MRF Tyres, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- The 6 companies named span 6 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 0 of 6 are higher: Biocon leads at -0.0% and Swiggy trails at -4.7%.
- Over three months: MRF Tyres -13.4% against Auto -7.7% (5.7 points behind); Biocon -17.3% against Pharma & Healthcare -0.9% (16.4 points behind); Swiggy -40.3% against Hotels & Restaurants -0.9% (39.4 points behind); Yes Bank -32.8% against Banks -6.0% (26.8 points behind).
- At least 25% below the 52-week high: MRF Tyres (26%), Swiggy (58%), Yes Bank (40%), Pi Industries (45%) and NMDC (30%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| MRF TyresMRF · Auto | ₹1,16,775.00 | -1.1% | -6.8% | -13.4% | -26.4% | 1.1× | — |
| BioconBIOCON · Pharma & Healthcare | ₹351.80 | -0.0% | -5.0% | -17.3% | -20.2% | 0.8× | — |
| SwiggySWIGGY · Hotels & Restaurants | ₹176.60 | -4.7% | -29.4% | -40.3% | -57.7% | 1.5× | — |
| Yes BankYESBANK · Banks | ₹15.15 | -1.8% | -27.7% | -32.8% | -40.5% | 0.7× | — |
| Pi IndustriesPIIND · Chemicals | ₹2,100.00 | -0.5% | -9.1% | -24.4% | -45.0% | 0.9× | — |
| NMDCNMDC · Metals & Mining | ₹67.34 | -0.3% | -12.0% | -20.8% | -29.9% | 1.0× | — |
Auto
1M -5.8% · 3M -7.7%
MRF Tyres
Pharma & Healthcare
1M -0.6% · 3M -0.9%
Biocon
Hotels & Restaurants
1M -3.1% · 3M -0.9%
Swiggy
Banks
1M -3.4% · 3M -6.0%
Yes Bank
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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