It is hard to see largecap stocks, losing as much as 30 per cent in a short time frame of just 3-months. However, here are a list of stocks that have lost upto 30 per cent in the last 3-months. The fall may not necessarily have to do with fundamental changes in a stock, but, largely due to the ongoing carnage the stock markets in India are witnessing.

Should you buy these stocks?

Some of these stocks are good for their dividend yields and the sharp drop in their price makes their yield pretty decent. Classic example include IndiaBulls Housing, Coal India and ONGC, where the dividend in these cases is most likely to be in excess of 5 per cent.

However, dividends may vary and it largely depends on the profitability of a company. It is unlikely that we will see too much of a change in the dividends of the companies mentioned above. Hence, it makes good sense to buy into the stock of these companies on decline.

Some of the stocks mentioned above, include auto stocks, where the hit to the shares have come largely from a solid slowdown in the auto sector.

Should a slowdown in the auto sector continue, we could see these stocks falling even further. In any case, though share prices have fallen, it is better to do a fundamental analysis before you buy some of these stocks.

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