Benchmark indices are marginally lower in trade, though midcap and small cap stocks continued to be weighed down on increased selling pressure. Here are a few stocks that have lost between 5 to 12 per cent in trade today.
8K Miles Software Services
This shares of 8K Miles Software Services have been a bad performer off-late. The shares were down 15 per cent at Rs 331 and also hit a 52-week low in trade today.
The shares of 8K Miles Software Services is now down from 52 week high levels of Rs 1,021. The company had earlier pruned down its dividend as well.
Eurotex Industries shares were down 6 per cent in trade today at Rs 24.65. The stock has been falling over the last few trading sessions, in line with severe damage in small and midcap stocks.
The stock has now halved from its 52-week high of Rs 46. Eurotex Industries and Exports Ltd is a textile player and a major exporter. The reason for the fall in the stock is not known.
Shares of NDTV were down 10 per cent and were locked at the lower end of the circuit filter. The stock was last trading at Rs 50.70, with only sellers in the counter.
New Delhi Television Limited (NDTV) is an Indian television media company, which is among the leading players in television business.
Earlier last week, shares of NDTV rose after market regulator Sebi ordered Vishvapradhan Commercial to make an open offer for the company.
Shares in Khaitan slumped 5 per cent in trade, amidst heavy volumes. The shares were last trading at Rs 40.10. The reason for the sharp slump in the share price was not known. Khaitan is a major player in the fans business, with now a presence in pumps, lights, home appliances and cables.