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Home Markets

2300 stocks hits 52 week lows despite nifty near All Time High

3 weeks ago
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Several popular mainboard stocks have corrected sharply, falling more than 50% from their 52-week highs.

Leading the pack are RS Soft (78%), Vakrangee (78%), and Ward Wizard Innovations (78%), all down nearly four-fifths. Dream Folks (76%), Rajoo Engineers (76%), and Vishnu Prakash (76%) also experienced steep declines.

Other major losers include EKI Energy (74%), Pal Drugs (74%), and Gujarat Tool Rooms (74%). Blue Cloud (70%), Fischer Medicals (70%), Misthan Foods (70%), Pakka (70%), and Waaree Technologies (70%) saw corrections nearing 70%.

Mobikwik (66%), Mercury EV (66%), and Jyoti Structures (66%) fell by two-thirds, while PIGL (65%), Patel Airtemp (65%), Tejas Networks (65%), Easy Trip Planners (62%), Epack Durables (62%), and Praj Industries (62%) also dropped significantly.Cian Agro Industries (60%), JP Associates (60%), Kisan Mouldings (60%), Ola Electric (60%), Protean eGovernance (60%), Sterling Tools (60%), and Vedant Fashions (60%) have similarly declined by around 60%.

Others such as Cohance Life Sciences (56%), Oriental Rail (56%), Sterling and Wilson (56%), Tarson Products (56%), EMS (55%), Genesys Tech (55%), Route Mobile (55%), Indotech Transformers (54%), KNR Constructions (54%), and Wendt (54%) also saw substantial falls.

Further, DCX Systems (52%), Denora Industries (52%), FirstCry (52%), MIC Electronics (52%), Rolex Rings (52%), Likitha Infra (51%), Raymond Realty (51%), Raymond Life (51%), Shakti Pumps (51%), IGIL (50%), Moropen Labs (50%), Newgen Software (50%), and Shree Ganesh Remedies (50%) closed the list, marking broad weakness in the market.

Tags: stocks on radar

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