BSE 500: ITC feature in list of 'beaten-down stocks of 2020 that edged lower in 2021'!
We will find several stocks that were beaten down in the year 2020 and are still trading lower in 2021 from the closing levels of 2020.
In a trendy market, even the poor-quality stocks participate on the upside. If we look at the constituents of BSE 500, we will find several stocks that were beaten down in the year 2020 and are still trading lower in 2021 from the closing levels of 2020 when Sensex had climbed 26.20 per cent despite massive market crash in early 2020.
Following is a list of the worst-hit stocks in 2020 (BSE 500 constituents), which edged lower in 2021 as well; thus, destroying investors’ wealth.
|
Company Name
|
Industry
|
Returns from 1st Jan 2020 - 31st Dec 2020 (%)
|
YTD Returns (2021)(%)
|
|
Future Retail Ltd
|
Retailing
|
-77
|
-30.36
|
|
Future Consumer Ltd
|
Trading
|
-62.59
|
-3.36
|
|
Omaxe Ltd
|
Construction - Real Estate
|
-46.74
|
-0.61
|
|
Spandana Sphoorty Financial Ltd
|
Finance - NBFC
|
-36.57
|
-3.95
|
|
RBL Bank Ltd
|
Bank - Private
|
-33.55
|
-7.05
|
|
DCB Bank Ltd
|
Bank - Private
|
-32.33
|
-13.27
|
|
Ujjivan Small Finance Bank Ltd
|
Bank - Private
|
-25.99
|
-23.48
|
|
Godfrey Phillips India Ltd
|
Cigarettes/Tobacco
|
-24.78
|
-5.29
|
|
City Union Bank Ltd
|
Bank - Private
|
-22.83
|
-7.98
|
|
Zee Entertainment Enterprises Ltd
|
TV Broadcasting & Software Production
|
-22.58
|
-3.07
|
|
Sterling and Wilson Solar Ltd
|
Engineering - Construction
|
-21.8
|
-7.51
|
|
Ujjivan Financial Services Ltd
|
Finance Term Lending
|
-20.36
|
-22.49
|
|
Bandhan Bank Ltd
|
Bank - Private
|
-20.03
|
-21.31
|
|
Spicejet Ltd
|
Airlines
|
-18.43
|
-15.76
|
|
Nesco Ltd
|
Engineering - Industrial Equipments
|
-18.17
|
-0.33
|
|
Sunteck Realty Ltd
|
Construction - Real Estate
|
-17.15
|
-14.92
|
|
Maharashtra Seamless Ltd
|
Steel & Iron Products
|
-16.44
|
-10.24
|
|
Mahindra & Mahindra Financial Services Ltd
|
Finance - NBFC
|
-13.72
|
-5.9
|
|
KRBL Ltd
|
Consumer Food
|
-13.58
|
-9.11
|
|
VST Industries Ltd
|
Cigarettes/Tobacco
|
-13.4
|
-8.44
|
|
Gillette India Ltd
|
Household & Personal Products
|
-12.32
|
-1.59
|
|
ITC Ltd
|
Cigarettes/Tobacco
|
-12.24
|
-2.36
|
|
Gulf Oil Lubricants India Ltd
|
Lubricants
|
-11.37
|
-3.17
|
|
Cochin Shipyard Ltd
|
Ship Building
|
-7.72
|
1.69
|
|
Manappuram Finance Ltd
|
Finance - NBFC
|
-6.49
|
-2.81
|