Liquid small-cap stocks plunge up to 65 per cent from their 52-week highs!
Small-cap space looks interesting especially when several stocks are pushed into the bear market territory
The fear of inflation, rising rates, and recession in US markets along with slowing growth in the global economy are negatively impacting the market sentiments, as of now. From a long-term perspective, the market is trading below its average PE multiples and the market can be considered reasonably valued. With valuation getting a little attractive and most of the negatives being factored in, there is a very good chance that we are trading close to the bottom in the Indian markets.
Small-cap space looks interesting especially when several stocks are pushed into the bear market territory. Several known names are down by more than 50 per cent from their 52-week highs. It may be a good idea to hunt for investment opportunities in the fairly liquid small-cap counters that have tumbled over 50 per cent from their respective 52-week highs.
Here is the list of liquid small-cap counters that have fallen up to 65 per cent from their respective 52-week highs:
| Company Name |
Sector |
Latest Market Cap (Rs crore) |
52-week High Price |
LTP (Rs)* |
Change from 52-week high price (%) |
| Dalmia Bharat Ltd |
Construction Materials |
23,452.94 |
2547.2 |
1251.7 |
-50.86% |
| Tata Teleservices (Maharashtra) Ltd |
Telecom |
21,328.26 |
291.05 |
109.1 |
-62.52% |
| Trident Ltd |
Textile |
17,708.45 |
70.9 |
34.75 |
-50.99% |
| Dr. Lal Pathlabs Ltd |
Healthcare |
16,629.12 |
4243 |
1995.05 |
-52.98% |
| Tanla Platforms Lt |
IT |
13,497.18 |
2094.4 |
994.3 |
-52.53% |
| Indiamart Intermesh Ltd |
Retailing |
11,678.08 |
9700 |
3814.55 |
-60.67% |
| GR Infraprojects Ltd |
Infrastructure |
10,624.19 |
2277 |
1098.8 |
-51.74% |
| Brightcom Group Ltd |
IT |
8,656.88 |
122.88 |
42.9 |
-65.09% |
| Finolex Industries Lt |
Plastic Products |
8,094.12 |
268 |
130.45 |
-51.32% |
| Laxmi Organic Industries Ltd |
Chemicals |
7,860.07 |
628.05 |
296.5 |
-52.79% |
| Metropolis Healthcare Ltd |
Healthcare |
7,296.24 |
3579 |
1425.75 |
-60.16% |
| Vardhman Textiles Ltd |
Textile |
7,214.93 |
576 |
249.7 |
-56.65% |
| Route Mobile Ltd |
IT |
7,101.23 |
2388.1 |
1126.4 |
-52.83% |
| Manappuram Finance Ltd |
Finance |
6,999.68 |
224.4 |
82.7 |
-63.15% |
| Graphite India Ltd |
Capital Goods |
6,926.06 |
754 |
354.5 |
-52.98% |
| Welspun India Ltd |
Textile |
6,881.83 |
170.75 |
69.65 |
-59.21% |
| Jubilant Ingrevia Ltd |
Healthcare |
6,630.08 |
877.95 |
416.25 |
-52.59% |
| Firstsource Solutions Ltd |
IT |
6,570.68 |
242.65 |
94.2 |
-61.18% |
| Latent View Analytics Ltd |
Miscellaneous |
6,205.07 |
755 |
309.6 |
-58.99% |
| Chemplast Sanmar Ltd |
Chemicals |
6,191.57 |
826.35 |
391.6 |
-52.61% |
| TV18 Broadcast Ltd |
Media & Entertainment |
6,077.41 |
82.55 |
35.45 |
-57.06% |
| Zensar Technologies Ltd |
IT |
5,749.32 |
587 |
254 |
-56.73% |
| JM Financial Ltd |
Finance |
5,597.44 |
117.55 |
58.65 |
-50.11% |
| Sterlite Technologies Ltd |
Electricals |
5,545.74 |
318 |
139.4 |
-56.16% |
| PNB Housing Finance Ltd |
Finance |
5,440.86 |
794 |
322.7 |
-59.36% |
| Jindal Stainless Ltd |
Iron & Steel |
5,128.84 |
224.6 |
97.6 |
-56.54% |
| Jubilant Pharmova Ltd |
Healthcare |
5,124.87 |
766.85 |
321.75 |
-58.04% |
| Lux Industries Ltd |
Textile |
5,112.34 |
4641.5 |
1700.05 |
-63.37% |
| Vaibhav Global Ltd |
Retailing |
4,950.7 |
858.15 |
301.4 |
-64.88% |
| NBCC (India) Ltd |
Realty |
4,950 |
59.8 |
27.5 |
-54.01% |
*Data as on June 20, 2022