Beaten-down mid-cap stocks that slipped up to 66 per cent from yearly highs; check here if you own them!

Kaustubh Bhosale
/ Categories: Trending, Mindshare
Beaten-down mid-cap stocks that slipped up to 66 per cent from yearly highs; check here if you own them!

One way of identifying opportunities in the falling market is to identify stocks that have fallen more than warranted by the fundamentals. In this way, value hunting can be done.

The process of value hunting begins when the market tends to stabilise. Whether markets have reversed from the recent bottom or there is more downside left in the market, only time will tell! However, it is possible that several stocks may bottom out! 

A question that investors here need to ask is - How much can Mid-Caps and small caps stoop from the current levels when most of the broader market stocks have already plunged over 50 per cent? 

One way of identifying opportunities in the falling market is to identify stocks that have fallen more than warranted by the fundamentals. In this way, value hunting can be done.

Here is a quick list of mid-cap stocks that have tumbled up to 66 per cent from their yearly highs: 

 

Company Name 

Sector 

 Latest Market Cap (Rs crore)  

52-week high Price 

LTP (Rs) 

52-week high price (%) 

RBL Bank Ltd. 

Bank 

              4,616.27 

226.45 

77 

-66.00% 

Godrej Properties Ltd. 

Realty 

            31,947.80 

2598 

1149.2 

-55.77% 

Steel Authority Of India Ltd. 

Iron & Steel 

            26,807.11 

145.85 

64.9 

-55.50% 

Indian Railway Catering And Tourism Corporation Ltd. 

Hospitality 

            45,900.00 

1278.6 

573.75 

-55.13% 

The New India Assurance Company Ltd. 

Insurance 

            13,398.24 

178.9 

81.3 

-54.56% 

Nuvoco Vistas Corporation Ltd. 

Construction Materials 

              9,496.78 

577.5 

265.9 

-53.96% 

Vodafone Idea Ltd. 

Telecom 

            25,502.37 

16.79 

7.94 

-52.71% 

ICICI Securities Ltd. 

Finance 

            13,840.13 

895.6 

428.8 

-52.12% 

JSW Energy Ltd. 

Power 

            32,214.80 

408.7 

195.95 

-52.06% 

Info Edge (India) Ltd. 

IT 

            46,360.12 

7462.95 

3594.25 

-51.84% 

IDBI Bank Ltd. 

Bank 

            33,923.83 

65.25 

31.55 

-51.65% 

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