10 stocks plunge up to 53% from their yearly peaks

India’s equity markets have witnessed heightened volatility, with the benchmark NIFTY50 falling nearly 14% from its 52-week high and the NIFTY Midcap 150 declining around 10% from its peak. The correction has hit several midcap stocks particularly hard, with some plunging 40% to 53% from their respective 52-week highs. Here, we noted 10 midcap stocks that have suffered the steepest declines, significantly underperforming the broader market amid the ongoing sell-off. (Data Source: ACE Equity)

2/11

Rail Vikas Nigam:

The stock has plunged 53% to Rs 188 from its 52-week high of Rs 401.

3/11

PB Fintech:

The stock has fallen 49% to Rs 1,008 from its 52-week high of Rs 1,964.

4/11

Swiggy:

The stock has declined 48% to Rs 224 from its 52-week high of Rs 434.

ETtech

5/11

Godfrey Phillips India:

The stock has dropped 48% to Rs 1,763 from its 52-week high of Rs 3,413.

Agencies

6/11

PI Industries:

The stock has shed 45% to Rs 2,103 from its 52-week high of Rs 3,833.

Agencies

7/11

Hindustan Copper:

The stock has tumbled 45% to Rs 421 from its 52-week high of Rs 760.

ANI

8/11

SBI Cards and Payment Services:

The stock has slipped 42% to Rs 558 from its 52-week high of Rs 965.

Agencies

9/11

Patanjali Foods:

The stock has declined 42% to Rs 357 from its 52-week high of Rs 614.

ANI

10/11

Thermax:

The stock has retreated 40% to Rs 3,145 from its 52-week high of Rs 5,278.

ETMarkets.com

11/11

Vishal Mega Mart:

The stock has fallen 40% to Rs 90 from its 52-week high of Rs 150.