There are 119 stocks listed in India that have declined more than 50 per cent from their respective one-year highs and offer a return potential.
The Sensex has fallen over 7 per cent from its 52-week high, while the Nifty is down 7.7 per cent from the same level. Among the sectors, the worst performer is the metals index while the best is the Nifty Bank. The Nifty Metal Index has declined over 30 per cent from its 52-week high and the Nifty Bank Index has declined 5 per cent.
There are 119 stocks listed in India that have declined more than 50 per cent from their respective one-year highs and offer a return potential as per their analysts’ consensus price. Out of these, 21 stocks are such where the number of buy recommendations are substantially higher than sell or hold recommendations.
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