These 5 Stocks Dropped A Massive 72% In 3-Months Time, Do You Own Any?

Markets have been exceedingly volatile over the last few months. The Adani saga and worries over rising interest rates have taken their toll on the markets. Adani Group stocks are now seeing a recovery, though some of them are still down significantly from their 52-week highs.

Take a look at our list of stocks that have fallen a massive 72% from highs.

Adani Total Gas Stock

Adani Total Gas saw a massive 72% drop and was among the top losers in the last 3-months. The company is a leading player in natural gas and also saw its share price gain to a massive Rs 3,998.3 as a 52-week high. The shares of the company were last see trading a Rs 905 on the Bombay Stock Exchange.

Adani Green Energy Stock

Adani Green was another stock that lost heavily. The shares have dropped 66% in the last 3-months. The company is again a part of the Adani group, whose shares saw a 52-week high of Rs 3048 and 52-week low of Rs 439.35. The stock was last frozen at the upper end of the circuit filter with only buyers in the same on Friday.

Adani Transmission Stock

This is another Adani Group stock that saw heavy price damage and has lost nearly 65.8% over the last 3-months. Adani Group stocks are likely to continue to be volatile as the markets themselves have been very volatile in the last few days.

Among the other stocks that lost heavy ground over the last 3-months include the likes of Heritage Foods and also PC Jeweller. We have not done a fundamental analysis on any of these stocks and this is merely information.

Please note, the fears of rising interest rates have made the markets exceedingly volatile and hence investors may exercise some caution before investing. Long-term investors should invest only partially in the markets now and avoid putting large amounts of money. The Sensex may continue to hover around that 60,000 range for sometime, unless there is a clear sign that interest rates in the economy have peaked and are headed lower. A further rise in interest rates cannot be ruled out.