10 Nifty500 stocks that have fallen up to 58% in a year
Ten Nifty 500 stocks have fallen between 47% and 58% over the past year, significantly underperforming the broader market. KEC International, Reliance Power and KPIT Technologies lead the list of laggards, as nearly 50 stocks in the index have declined more than 30% during the period.
The Indian equity market has witnessed considerable weakness over the past year, with the benchmark Nifty 50 declining 10% and the broader Nifty 500 index slipping 5%. However, the correction has been significantly sharper in several individual stocks. Within the Nifty 500 universe, around 50 stocks have plunged more than 30% over the past 12 months, reflecting the pressure faced by several companies despite the broader market's relatively moderate decline. Among these, 10 stocks have emerged as notable laggards, with losses ranging from 47% to 58% over the past year. Here is a closer look at these stocks and their steep declines. (Data Source: ACE Equity)
The stock has plunged 58% over the past year, declining from Rs 858 to Rs 360.
The stock has tumbled 57% in the last one year, falling from Rs 46 to Rs 20.
The stock has declined 56% in the last one year, slipping from Rs 1,155 to Rs 514.
The stock has shed 53% of its value over the past year, falling from Rs 150 to Rs 70.
The stock has plunged 52% in the last one year, declining from Rs 6,839 to Rs 3,290.
The stock has dropped 52% over the past year, slipping from Rs 368 to Rs 178.
The stock has fallen 51% in the last one year, declining from Rs 885 to Rs 437.
The stock has declined 47% over the past year, dropping from Rs 464 to Rs 245.
The stock has shed 47% of its value in the last one year, falling from Rs 435 to Rs 232.
