15 Bluechip Stocks That Have Fallen More Than 30% From Highs
Bluechip stocks are resilient to market turmoil and withstand all market circumstances. As a result of their solid track record in all areas, they serve as good medium to long-term investments. Bluechip stocks are preferred due to their resiliency in the face of market turmoil or their intrinsic ability to withstand even extreme volatility.
If you're seeking for value in the markets, now is definitely the greatest moment to invest. The Sensex falls almost 600 points from its peak for the day, ending modestly lower, with the Nifty falling below 16,600.
Here are 15 stocks to consider buying as they have fallen more than 30% from highs.
Sr.No. | Stocks | CMP (Rs) | 52 Week High (Rs) | Fall % |
---|---|---|---|---|
1 | Mphasis Ltd | 2568 | 3660 | 29.83% |
2 | Godrej Agrovet Ltd | 525 | 747 | 29.72% |
3 | Union Bank of India | 38.6 | 54.8 | 29.65% |
4 | Sun TV Network Ltd | 431 | 612 | 29.52% |
5 | REC Ltd | 119 | 169 | 29.43% |
6 | Sheela Foam Ltd | 2866 | 4055 | 29.32% |
7 | Gujarat Gas Ltd | 557 | 787 | 29.21% |
8 | Aptus Value Housing Finance India Ltd | 280 | 395 | 29.19% |
9 | Macrotech Developers Ltd | 1091 | 1539 | 29.10% |
10 | Godrej Industries Ltd | 478 | 674 | 29.07% |
11 | Crompton Greaves Consumer Electricals Ltd | 364 | 513 | 28.94% |
12 | JSW Steel Ltd | 562 | 790 | 28.80% |
13 | Alembic Pharmaceuticals Ltd | 731 | 1026 | 28.76% |
14 | Exide Industries Ltd | 147 | 205 | 28.11% |
15 | Vedanta Ltd | 317 | 441 | 28.10% |
Disclaimer
Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decisions.