Bets gone wrong for investors in 2021
In spite of such bullish sentiment, few stocks proved to be wrong bets in the markets in 2021 for investors and traders alike.
The market continued its momentum in 2021 with Sensex hitting record highs along with the mid-cap indices. The broader markets participated in the rally and enthused investors to participate actively in the markets. The optimism of such kind usually sees quality and poor-quality stocks trend upwards.
However, in spite of such bullish sentiment, few stocks proved to be wrong bets in the markets in 2021 for investors and traders alike. Following is the list of 25 stocks (constituents of BSE 500) that underperformed markets.
|
Company name
|
Industry
|
YTD returns (2021)(per cent)
|
|
Bliss GVS Pharma Ltd
|
Pharmaceuticals & drugs
|
-44.09
|
|
Vakrangee Ltd
|
BPO/ITeS
|
-32.44
|
|
Future Retail Ltd
|
Retailing
|
-30.36
|
|
Ujjivan Small Finance Bank Ltd
|
Bank - private
|
-23.48
|
|
Ujjivan Financial Services Ltd
|
Finance-term lending
|
-22.49
|
|
Hathway Cable & Datacom Ltd
|
Telecommunication - service provider
|
-21.87
|
|
Bandhan Bank Ltd
|
Bank - private
|
-21.31
|
|
Responsive Industries Ltd
|
Plastic products
|
-20.66
|
|
Johnson Controls - Hitachi Air Conditioning India Ltd
|
Air conditioners
|
-19.47
|
|
Amara Raja Batteries Ltd
|
Batteries
|
-18.07
|
|
AstraZeneca Pharma India Ltd
|
Pharmaceuticals & drugs
|
-17.51
|
|
Biocon Ltd
|
Pharmaceuticals & drugs
|
-17.38
|
|
Procter & Gamble Health Ltd
|
Pharmaceuticals & drugs
|
-16.84
|
|
Whirlpool of India Ltd
|
Consumer durables -domestic appliances
|
-16.3
|
|
SpiceJet Ltd
|
Airlines
|
-15.76
|
|
Sunteck Realty Ltd
|
Construction - real estate
|
-14.92
|
|
DCB Bank Ltd
|
Bank - private
|
-13.27
|
|
Force Motors Ltd
|
Automobiles-trucks/LCV
|
-13.03
|
|
Vodafone Idea Ltd
|
Telecommunication - service provider
|
-12.95
|
|
Alok Industries Ltd
|
Textile
|
-11.91
|
|
Strides Pharma Science Ltd
|
Pharmaceuticals & drugs
|
-10.68
|
|
Maharashtra Seamless Ltd
|
Steel & iron products
|
-10.24
|
|
Aster DM Healthcare Ltd
|
Hospital & healthcare services
|
-10.13
|
|
Multi Commodity Exchange of India Ltd
|
Finance - stock broking
|
-9.81
|
|
Kotak Mahindra Bank Ltd
|
Bank - private
|
-9.23
|