These beaten-down shares of chemical companies slipped over 50 per cent from their 52-week-highs!
List of liquid small-cap shares that have fallen by more than 50 per cent
The sharp correction in the markets has pushed several stocks into the bear market territory. A stock is said to be in the bear market territory when it slips by more than 20 per cent from its 52-week high. We find several liquid small-cap stocks have also slipped by more than 50 per cent from their respective 52-week highs in the recent market correction.
It may not be wrong to assume that these shares recover once the market stabilises and actually bounce back.
Here is the list of liquid small-cap shares that have fallen by more than 50 per cent:
| Sr No. |
Company Name |
Latest Market Cap (Rs crore) |
52-week High Price |
LTP (Rs)* |
Change from 52-week high price (per cent) |
| 1 |
Laxmi Organic Industries Ltd |
7,860.07 |
628.05 |
296.5 |
-52.79% |
| 2 |
Chemplast Sanmar Ltd |
6,191.57 |
826.35 |
391.6 |
-52.61% |
| 3 |
Rossari Biotech Ltd |
4,401.76 |
1620.6 |
799.5 |
-50.67% |
| 4 |
Privi Speciality Chemicals Ltd |
4,066.82 |
2268 |
1041.1 |
-54.10% |
| 5 |
Oriental Aromatics Ltd |
1,729.46 |
1148 |
513.9 |
-55.24% |
| 6 |
Bhansali Engineering Polymers Ltd |
1,644.95 |
221.8 |
99.15 |
-55.30% |
| 7 |
Camlin Fine Sciences Ltd |
1,550.75 |
230.8 |
98.75 |
-57.21% |
| 8 |
Valiant Organics Ltd |
1,395.83 |
1674.5 |
514.05 |
-69.30% |
| 9 |
INEOS Styrolution India Ltd |
1,330 |
1886.8 |
756.3 |
-59.92% |
| 10 |
Chemcon Speciality Chemicals Ltd |
985.92 |
569.05 |
269.15 |
-52.70% |
| 11 |
Sigachi Industries Ltd |
726.45 |
648 |
236.3 |
-63.53% |
| 12 |
National Peroxide Ltd |
715.76 |
2599 |
1245.45 |
-52.08% |
| 13 |
Bhageria Industries Ltd |
688.49 |
328.55 |
157.75 |
-51.99% |
| 14 |
Andhra Petrochemicals Ltd. |
620.72 |
197.4 |
73.05 |
-62.99% |
| 15 |
Jubilant Industries Ltd |
497.89 |
796.9 |
330.45 |
-58.53% |
| 16 |
Mangalam Organics Ltd |
460.47 |
1300 |
537.65 |
-58.64% |
| 17 |
Dynemic Products Ltd |
438.98 |
766.67 |
369.05 |
-51.86% |
| 18 |
Kanchi Karpooram Ltd |
255.83 |
1365 |
588.95 |
-56.85% |
| 19 |
Kilpest India Ltd |
237.67 |
767.85 |
316.55 |
-58.77% |
*Data as on June 20, 2022