New Delhi, Dec. 9 -- Although the Nifty hovers near all-time highs, the broader market continues to correct, revealing a very different story beneath the headline index.

Even within the Nifty, the recent upmove has been driven by a narrow set of names in banking, autos, and metals, while most other sectors have struggled to find momentum.

The Nifty 500 is up by barely 3% over the past year, and the pressure on individual stocks is intense.

A handful of companies with steady balance sheets, resilient cash flows, and strong operating discipline have slipped to their 52-week lows.

This editorial covers five fundamentally strong Nifty 500 companies trading near 52-week lows.

Let's take a look.

First on the list is ITC, which is just 2.6...