Business Standard

Saturday, December 21, 2024 | 01:16 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

359 stocks down over 50% from their 52-week highs

Jet Airways, PNB, Infibeam Avenues, PC Jeweller, Manpasand Beverages, Kitex Garments, Vodafone Idea, BEML, Indiabulls Real Estate, Avanti Feeds and Aptech were down more than 60% from 52-week highs.

Sebi probes sharp fall in the midcap stocks amid unfair trade allegations
Premium

SI Reporter Mumbai
Shares of one out of three companies have fallen more than 50% from their respective 52-week highs after a sharp sell-off in equity markets sparked by macroeconomic concerns around liquidity.

As many as 359 stocks out of 1,068 companies from the S&P BSE Allcap index were down more than 50% from their 52-week high levels on the BSE. Another 425 stocks from the index have fallen in the range of 25% to 50%, data shows. The S&P BSE Allcap index accounted for 99% of the total market capitalisation of BSE listed companies.

The S&P BSE Smallcap (down 30%),

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in