20 stocks that plunged over 50% from their fifty two-week highs.
A list of 20 shares that have witnessed full-data-size declines, falling more than 50% from their fifty two-week highs, reflects the volatility in specific sectors and businesses.
those sharp corrections sign careful sentiment and challenges data-faced via those groups. right here’s the breakdown:
Key Decliners
Waaree technologies: Down 77.zero%.
Spandana Sphoorty: Plunged 74.1%.
ZEEL (Zee entertainment businesses): Declined fifty eight.4%.
Waaree Renewable: Fell fifty seven.nine%.
SPARC (solar Pharma superior research company): Dropped 57.nine%.
dependable fabric: Down fifty six.7%.
Arman economic: Declined fifty four.2%.
Honasa customer: decrease with the aid of 54.zero%.
Chennai Petroleum: Down fifty three.6%.
Brightcom institution: Dropped 53.three%.
Regency Ceramics: Fell 52.three%.
MTNL (Mahanagar smartphone Nigam restrained): Down 52.3%.
ESAF Small Finance bank: Declined 51.6%.
Onward technologies: decrease by using fifty one.2%.
ENIL (enjoyment community india limited): Down fifty one.0%.
MRPL (Mangalore Refinery and Petrochemicals restricted): Fell 50.nine%.
Adani green strength: Declined 50.5%.
Maan Aluminum: Down 50.0%.
Kaya: Dropped 50.zero%.
IFGL Refractories: Declined 50.0%.
those considerable corrections function a reminder of the importance of sectoral research and corporation basics in funding choices. tracking these stocks intently, along industry trends, will be vital for traders.
Indian equity trading has been volatile with a negative bias for quite some time. Over the last 10 trading sessions, the benchmark index, Sensex, has lost more than 3,000 points. From its 52-week high, the Sensex has dropped by 8.5%, while the BSE500 index has fallen by approximately 9%. However, within the BSE500 index, there are seven stocks that have experienced a decline of more than 50% from their 52-week high