10 stocks plunge up to 53% from their yearly peaks
1/11
Tough times
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)
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)
2/11
Rail Vikas Nigam:
The stock has plunged 53% to Rs 188 from its 52-week high of Rs 401.
3/11
PB Fintech:
The stock has fallen 49% to Rs 1,008 from its 52-week high of Rs 1,964.
4/11
Swiggy:
The stock has declined 48% to Rs 224 from its 52-week high of Rs 434.
5/11
Godfrey Phillips India:
The stock has dropped 48% to Rs 1,763 from its 52-week high of Rs 3,413.
6/11
PI Industries:
The stock has shed 45% to Rs 2,103 from its 52-week high of Rs 3,833.
7/11
Hindustan Copper:
The stock has tumbled 45% to Rs 421 from its 52-week high of Rs 760.
8/11
SBI Cards and Payment Services:
The stock has slipped 42% to Rs 558 from its 52-week high of Rs 965.
9/11
Patanjali Foods:
The stock has declined 42% to Rs 357 from its 52-week high of Rs 614.
10/11
Thermax:
The stock has retreated 40% to Rs 3,145 from its 52-week high of Rs 5,278.
11/11
Vishal Mega Mart:
The stock has fallen 40% to Rs 90 from its 52-week high of Rs 150.