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10 stocks plunge up to 53% from their yearly peaks — Bizwire | Bizwire
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  3. 10 stocks plunge up to 53% from their yearly peaks

10 stocks plunge up to 53% from their yearly peaks

India’s equity markets have witnessed heightened volatility, with the benchmark NIFTY50 falling nearly 14% from its 52-week high and the NIFTY Midcap 150 declining around 10% from its peak. The correction has hit several midcap stocks particularly hard, with some plunging 40% to 53% from their respective 52-week highs. Here, we noted 10 midcap stocks that have suffered the steepest declines, significantly underperforming the broader market amid the ongoing sell-off. (Data Source: ACE Equity) Tough times

10 stocks plunge up to 53% from their yearly peaks

India’s equity markets have witnessed heightened volatility, with the benchmark NIFTY50 falling nearly 14% from its 52-week high and the NIFTY Midcap 150 declining around 10% from its peak. The correction has hit several midcap stocks particularly hard, with some plunging 40% to 53% from their respective 52-week highs. Here, we noted 10 midcap stocks that have suffered the steepest declines, significantly underperforming the broader market amid the ongoing sell-off.

(Data Source: ACE Equity) The stock has plunged 53% to Rs 188 from its 52-week high of Rs 401. The stock has fallen 49% to Rs 1,008 from its 52-week high of Rs 1,964. The stock has declined 48% to Rs 224 from its 52-week high of Rs 434. The stock has dropped 48% to Rs 1,763 from its 52-week high of Rs 3,413. The stock has shed 45% to Rs 2,103 from its 52-week high of Rs 3,833. The stock has tumbled 45% to Rs 421 from its 52-week high of Rs 760.

The stock has slipped 42% to Rs 558 from its 52-week high of Rs 965. The stock has declined 42% to Rs 357 from its 52-week high of Rs 614. The stock has retreated 40% to Rs 3,145 from its 52-week high of Rs 5,278. The stock has fallen 40% to Rs 90 from its 52-week high of Rs 150.

Originally published by:

Economic Times

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