These 9 midcap stocks plunge 50%+ from their peak. Do you hold any?
By Ritesh Presswala, ETMarkets.com |
1/10
Massive Drop
The Indian stock market has rallied over the last seven trading sessions, although it experienced significant volatility and weakness prior to that. The benchmark Sensex has fallen about 10% from its peak, while the BSE Midcap index has dropped even further, by around 16%. In the midst of this decline, ETMarkets has highlighted 9 midcap stocks that have seen sharp drops, with some plunging over 50% from their respective 52-week highs. (Data Source: ACE Equity).
2/10
OLA Electric Mobility
Decline from its 52-week high: 66%, dropping to Rs 54 from Rs 158.
3/10
Whirlpool Of India
Decline from its 52-week high: 60%, dropping to Rs 986 from Rs 2450.
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4/10
Relaxo Footwears
Decline from its 52-week high: 52%, dropping to Rs 425 from Rs 888.
5/10
Brainbees Solutions
Decline from its 52-week high: 49%, dropping to Rs 372 from Rs 734.
6/10
Oil India
Decline from its 52-week high: 49%, dropping to Rs 390 from Rs 767.
7/10
Vedant Fashions
Decline from its 52-week high: 49%, dropping to Rs 773 from Rs 1511.
8/10
Aarti Industries
Decline from its 52-week high: 48%, dropping to Rs 398 from Rs 770.
9/10
The New India Assurance Company
Decline from its 52-week high: 48%, dropping to Rs 161 from Rs 310.