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Even as the Nifty 500 index had ended the calendar year 2023 with a substantial gain of 20.6 per cent, as many as 172 index constituents underperformed the underlying index, with 66 finishing the year on a negative note. A total of 15 stocks ended with losses in the range of 20 -73 per cent.
A refreshed look at the data, on the basis of YTD (Year-Till-Date) performance reveals that few of these laggards have seen a change in fortune and are in the process of scripting a rebound for the year 2024.
For instance, stocks like Adani Green, Epigral,
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