A share/stock that has traded at the lowest price during the time period that equates to one year is a 52 week high stock. Simply, the lowest price at which a stock has traded in last 52 weeks i.e one year is called 52W low.
A share/stock reaching 52 week low is mostly considered as opportunity to invest as a undervalued stock. However, 52 week low stocks must be thoroughly analysed before investing i.e an investor must look into the fundamentals, financials (Balance sheet, P&L statement, cashflow etc.) and technical charts before investing in 52W low stocks. Investing in 52 week low stocks may sound like a potential opportunity. At the same time you must evaluate the risk associated with it as well. Only considering a day's movement of price change may not be a good investing factor.
Investing is the simplest and the best way to set aside money while you are busy with life and have that money work for you.
If you are already a Dhan user you can login in Dhan App and flow the below steps an if you are new to Dhan then you can open Demat account in minutes and start investing.