Trend reversal: Beaten-down stocks that are outperforming markets on June 21!
List of beaten-down small-cap stocks that are seen outperforming the markets on June 21.
Trend reversal happens when any stock jumps more than 20 per cent from its yearly lows.
Several stocks have been in a bear grip with almost one in every four stocks listed on BSE down by more than 50 per cent from its 52-week high.
Few stocks are showing signs of bottoming out as they gain with rising volumes on June 21. While it is difficult to conclude if the markets have already bottomed out yet, the price-volume action in some of the beaten-down small-cap stocks has caught investors' attention.
Here is the list of beaten-down small-cap stocks that are seen outperforming the markets on June 21:-
Sr No. |
Stock |
Down from 52-week High (per cent)* |
Gain (per cent)** |
1 |
India Pesticides |
41 |
7 |
2 |
Subex |
72 |
14 |
3 |
Dwarikesh Sugar |
38 |
5 |
4 |
Trident |
48 |
5 |
5 |
Suven Life Science |
47 |
12 |
* as on June 20, 2022
** as on June 21, 2022