4 Small-Cap, Mid-Cap Stocks That Declined More Than 57% In Last 6 Months, Buy?

Three stocks have witnessed sharp decline in the last 6 months. These stocks are Brightcom Group Ltd, Mangalore Refinery & Petrochemicals Ltd, Amber Enterprises India Ltd, and Tanla Platforms Ltd. The maximum decline that these stocks registered is 57%. Check key takeaways below:

1. Brightcom Group Ltd

The current market price of the stock is Rs 35 apiece with 52-week high is Rs 122 apiece and 52-week low is 30 apiece, respectively. The company has a market capitalisation of Rs 7,153.53 crore. The stock has declined 57% in the last 6 months and 35% in the last 3 months. The stock is just 14% away from its 52-week low now.

The stock has also given whopping returns to shareholders with 5-years return at 1120% and 3-years return at 2585%. The small cap company operates in IT Software sector. With such decline, it presents a good opportunity to investors to buy at a discounted price.

2. Tanla Platforms Ltd

The current market price of Tanla Platforms is Rs 743 apiece with 52-week high at Rs 2094 apiece and 52-week low at Rs 584 apiece, respectively. The company has a market capitalisation of Rs 10,092.00 crore. The stock has declined 48% in last 6 months, 18% in last 3 months, and 7% in last 1 week.

The stock is 21% away from 52-week low. The stock operates in IT Software sector. The small cap company came into existence in 1995.

3. Amber Enterprises India Ltd

The current market price of Amber Enterprises is Rs 2059 apiece with 52-week high at Rs 4023 apiece and 52-week low is Rs 2029 apiece, respectively. The stock has a market capitalisation of Rs 6937 crore. The stock has declined 43% in last 6 months, 15% in last 3 months, and 8% in last 1 week.

The stock is now 1.46% away from 52-week low. The stock operates in Consumer Durables sector. The mid-cap company was incorporated in 1990.

4. Mangalore Refinery & Petrochemicals Ltd

The current market price of the stock is Rs 57 apiece with 52-week high at Rs 127 apiece and 52-week low at Rs 37 apiece. It has a market capitalisation of Rs 10,007.34 crore.

The stock has declined 14% in last 6 months, 22% in last 3 months, and 10% in last 1 month. The stock is 35% away from its 52-week low. The stock operates in Gas & Petroleum sector. The mid cap company was incorporated in 1988.

Disclaimer

The above is the list of stocks that have declined sharply in the last six months. Greynium Information Technologies and the Author 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 decision.