A list of 20 stocks that have witnessed significant declines, falling more than 50% from their 52-week highs, reflects the volatility in specific sectors and companies. These sharp corrections signal cautious sentiment and challenges faced by these businesses. Here’s the breakdown:
Key Decliners
- Waaree Technologies: Down 77.0%.
- Spandana Sphoorty: Plunged 74.1%.
- ZEEL (Zee Entertainment Enterprises): Declined 58.4%.
- Waaree Renewable: Fell 57.9%.
- SPARC (Sun Pharma Advanced Research Company): Dropped 57.9%.
- Loyal Textile: Down 56.7%.
- Arman Financial: Declined 54.2%.
- Honasa Consumer: Lower by 54.0%.
- Chennai Petroleum: Down 53.6%.
- Brightcom Group: Dropped 53.3%.
- Regency Ceramics: Fell 52.3%.
- MTNL (Mahanagar Telephone Nigam Limited): Down 52.3%.
- ESAF Small Finance Bank: Declined 51.6%.
- Onward Technologies: Lower by 51.2%.
- ENIL (Entertainment Network India Limited): Down 51.0%.
- MRPL (Mangalore Refinery and Petrochemicals Limited): Fell 50.9%.
- Adani Green Energy: Declined 50.5%.
- Maan Aluminum: Down 50.0%.
- Kaya: Dropped 50.0%.
- IFGL Refractories: Declined 50.0%.
These significant corrections serve as a reminder of the importance of sectoral research and company fundamentals in investment decisions. Monitoring these stocks closely, alongside industry trends, will be crucial for investors.
Disclaimer:
Data as on December 30, 2024. This article is for informational purposes only and does not constitute financial advice. Please consult a qualified financial advisor before making investment decisions.
