5 Stocks That Declined 80% From Their 52-Week High Levels

5 stocks are currently trading near their 52-week low prices. These stocks are Adani Green Energy Ltd, Adani Transmission Ltd, Adani Total Gas Ltd, EKI Energy Services Ltd, and Varroc Engineering Ltd. Check details below:

1. Adani Green Energy Ltd

Current market price of Adani Green Energy is Rs 621.00 apiece. The stock's 52-week high is Rs 3048 apiece and 52-week low is Rs 620.75 apiece, respectively. The company has a market capitalisation of Rs 98,368.42 crore.

The stock witnessed sharp decline in the last few days ever since Hindenburg Research alleged in its report that Adani Group companies are artificially overvalued. The stock declined 80% from its 52-week high level.
In last 1-month, only, Adani Green Energy slipped 67% and 22% in last 1-week.

The large cap company operates in power sector.

2. Adani Transmission Ltd

The current market price of Adani Transmission is Rs 1067.90 apiece with intraday gain of 5.00%. The stock is currently trading near its 52-week low price of Rs 966.20 apiece.

The stock's 52-week high is Rs 4238.55 apiece. The large cap company has a market capitalisation of Rs 1,19,123.46 crore. The power sector stock fell 62% in just 1-month. It operates in power sector.

3. Adani Total Gas Ltd

The large cap stock operates in Gas & Petroleum sector. It fell 71% in just 1-month. The last trading price of the stock is Rs 1064.65 apiece with intraday decline of 1.32%. The stock is currently trading near its 52-week low price of Rs 1024.95 apiece.

The company has a market capitalisation of Rs 1,17,091.28 crore.

4. EKI Energy Services Ltd

The current market price of the stock is Rs 568.80 apiece with an intraday decline of 10%. The stock hit its new 52-week low today. The 52-week high price of the stock is Rs 2964.00 apiece.

The company has a market capitalisation of Rs 1564.83 crore. The stock fell 10% in last 3-months and 7% in last 1-month. It gave a return of 402% in last 1-year.

5. Varroc Engineering Ltd

The current market price of the stock is Rs 271.20 apiece with intraday gain of 0.28%. The stock is currently trading near its 52-week low price of Rs 268.55 apiece.

The company has a market capitalisation of Rs 4,143.57 crore. The stock declined 6% in last 1-month, 6% in last 3-months, and 28% in last 1-year.
The mid cap company operates in Auto Ancillaries sector.

Disclaimer

The stocks witness sharp decline in last few days. 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.