10 midcap stocks crash up to 50% from their peaks. Are you holding any?
By Ritesh Presswala, ETMarkets.com |
1/14
Midcap Divergence
India’s equity markets have remained highly volatile for quite some time. While the benchmark NIFTY50 has corrected nearly 8% from its 52-week high, the NIFTY Midcap 150 continues to hover around record levels.
However, beneath the surface, the story is very different. Several midcap stocks within the index have witnessed steep corrections, falling sharply from their respective yearly peaks. We spotlight the top underperformers that have declined between 35% and 50% from their 52-week highs, highlighting the hidden pockets of weakness amid the market’s resilience. (Data source: ACE Equity)
However, beneath the surface, the story is very different. Several midcap stocks within the index have witnessed steep corrections, falling sharply from their respective yearly peaks. We spotlight the top underperformers that have declined between 35% and 50% from their 52-week highs, highlighting the hidden pockets of weakness amid the market’s resilience. (Data source: ACE Equity)
2/14
KPIT Technologies
The stock has declined 50% to Rs 723 from its 52-week high of Rs 1,435.
3/14
Hexaware Technologies
The stock has fallen 49% to Rs 461 from its 52-week high of Rs 900.
Amazon Top Deals
POWERED BY

Crompton Ozone 75 Litres Desert Air Cooler for home | Large & Easy Clean Ice Chamber | 4-Way Air Deflection | High Density Honeycomb Pads | Everlast Pump | Auto Fill| 3 Year Brand Warranty
₹9,798Buy Now43%
OFF

LG 32 L Convection Microwave Oven (MC3286BRUM, Black, 360° Motorised Rotisserie for Bar-be-queing, 301 Auto Cook Menu, Stainless steel cavity, Indian Cuisine, Tandoor Se, Steam Clean & Diet Fry)
₹19,340Buy Now19%
OFF
4/14
Swiggy
The stock has slipped 41% to Rs 280 from its 52-week high of Rs 474.
5/14
Godfrey Phillips India
The stock has dropped 41% to Rs 2,340 from its 52-week high of Rs 3,947.
6/14
Dixon Technologies (India)
The stock has corrected 40% to Rs 11,048 from its 52-week high of Rs 18,471.
7/14
Tata Investment Corporation
The stock has fallen 38% to Rs 733 from its 52-week high of Rs 1,185.
8/14
SBI Cards and Payment Services
The stock has declined 37% to Rs 648 from its 52-week high of Rs 1,027.
9/14
Info Edge (India)
The stock has slipped 37% to Rs 982 from its 52-week high of Rs 1,550.
10/14
ITC Hotels
The stock has dropped 36% to Rs 166 from its 52-week high of Rs 262.
11/14
United Breweries
The stock has fallen 36% to Rs 1,428 from its 52-week high of Rs 2,245.
12/14
Tata Elxsi
The stock has declined 36% to Rs 4,297 from its 52-week high of Rs 6,735.
13/14
Coforge
The stock has slipped 36% to Rs 1,285 from its 52-week high of Rs 1,994.
14/14
Kalyan Jewellers India
The stock has corrected 33% to Rs 411 from its 52-week high of Rs 618.