3 Stocks That Have Fallen More Than 70% From Highs As Sensex tops 60500

BSE Sensex gained 512 points to 60,627 while NSE Nifty 50 zoomed to 18079 after a gain of 143 points in afternoon trading on Tuesday. Nity managed to reclaim the crucial 18,000 mark for the first time since April 2022. Shares such as HDFC Life Insurance, Bajaj Finserv, Tech Mahindra, Infosys, Titan Company, Bajaj Finance emerged as BSE gainers in trade today.

The rupee appreciated 28 paise to 79.25 against the US dollar in opening trade on Tuesday, tracking the dollar's decline versus its major peers and foreign fund inflows.

As the markets are rising, 3 stocks have fallen more than 70% from their highs. The stocks are GKP Printing & Packaging Ltd, Galactico Corporate Services Ltd, and VCU Data Management Ltd. Check relevant details pertaining to these stocks below:

G.K.P. Printing & Packaging Ltd

The current market price of the stock is Rs 81 apiece. The 52-week high of the stock is Rs 310 apiece and 52-week low is Rs 38.60 apiece. The stock has fallen 74% from its 52-week high now.

The stock has given a return of 366% in 5 years and 102% in last 1 years. The small cap company operates in packaging sector. It has a market capitalization of Rs 119.75 crore.

G.K.P Printing & Packaging Ltd. takes pride in being one of best corrugated box making facility in this part of the globe. G.K.P Printing & Packaging Ltd. was established in the year 1994 with a vision to become one of the leading manufacturers in the world of packaging. A dedicated team for manufacturing and quality assurance personnel at G.K.P Printing & Packaging Ltd. ensures timely supplies and quality that invariably exceeds client expectation, according to its official website.

Galactico Corporate Services Ltd

The current market price of the stock is Rs 22.60 apiece. Its 52-week high is Rs 88 apiece and 52-week low is Rs 3.23 apiece. The company has a market capitalization of Rs 336 crore. The stock has fallen 75% from its 52-week high now.

The stock has given a return of 2439% in the last 5 years and 524% in the last 1 year.

Galactico Capital is a boutique investment banking company which offers comprehensive set of financial services across Debt & Equity. Its services include corporate finance advisory, debt syndication, private equity advisory & structured solutions for small and emerging enterprises.

VCU Data Management Ltd

The current market price of the small cap IT software stock is Rs 17 apiece. The stock's 52-week high is quoted at Rs 65 apiece and 52-week low is quoted at Rs 5.59 apiece, respectively. The company has a market capitalization of Rs 26.89 crore. The stock has now fallen 74% from its 52-week high.

VCU Data Management Ltd came into existence in the year 2013. It is a small cap company and operates in IT Software sector.