5 Stocks That Declined The Most From 52-Week High

5 Stocks have witnesses sharp decline from their 52-week high level. These stocks are Tata Elxsi Ltd, Mangalore Refinery & Petrochemicals Ltd, Life Insurance Corporation of India Ltd, Swan Energy Ltd, and Amber Enterprises India Ltd.

Company	Decline From 52-Week High In %
Mangalore Refinery & Petrochemicals Ltd	55%
Amber Enterprises India Ltd	43%
Swan Energy Ltd	39%
Life Insurance Corporation of India	33%
Tata Elxsi Ltd	32%

Check key takeaways below:

1. Mangalore Refinery & Petrochemicals Ltd

The stock has fallen 55% in the last 5 years and given return of 18% in last 3 years. It has been witnessing sharp decline for the last 3 months. In last 3 months, it has fallen 21% and in last 1 month, it has declined 17%.

The current market price of Mangalore Refinery is Rs 57 apiece with 52-week high at 127 and 52-week low at 37 apiece, respectively. It has now declined 55% from its 52-week high level. The company has a market capitalisation of Rs 10,121.26 crore.

The mid cap company was incorporated in 1988 and operates in Gas & Petroleum sector.

2. Amber Enterprises India Ltd

The stock has fallen 37% in the last 1 year, 37% in the last 6-months, and 2% in 9% in last 3 months. The current market price of the stock is Rs 2276 apiece with 52-week high at Rs 4023 apiece and 52-week low at Rs 2029 apiece, respectively.

The company has a market capitalisation of 7,668 crore. The stock has now fallen 43% from its 52-week high level.

The mid-cap company was incorporated in 1990 and operates in Consumer Durables sector.

3. Swan Energy Ltd

The stock has registered a decline of 14% in last 30 days 4% in last 7 days. The current market price of Swan Energy is Rs 205 apiece with a 52-week high at Rs 337 apiece and 52-week low at Rs 112 apiece, respectively. The stock has now fallen 39% from its 52-week high level.

The mid-cap company was incorporated in 1909. It operates in Diversified sector.

4. Life Insurance Corporation of India

The stock has fallen 12% in the last 3 months and 7% in just 1 month. The current market price of LIC is Rs 609 apiece with 52-week high at Rs 920 apiece and 52-week low at Rs 607 apiece, respectively. The company has a market capitalisation of Rs 3,85,508.61 crore. The zero-debt burden stock has now fallen 33% from its 52-week high level.

Life Insurance Corporation of India was incorporated in 1956 and operates in Financial Services sector. Earlier, on May 17, 2022 LIC did not make an expected debut on the stock exchange with a little over 8% from the issue price. The IPO was subscribed 2.59 times. The IPO price of the stock was Rs 949 apiece.

5. Tata Elxsi Ltd

The stock with multibagger returns of 770% in last 5 years has been witnessing sharp decline for the last 6 months and now hovering very close to its 52-week low level. The current market price of Tata Elxsi Ltd is Rs 7278 apiece.

The stock's 52-week high is quoted at Rs 10,760 apiece and 52-week low is quoted at Rs 5,264 apiece. The stock has fallen 32% from its 52-week high range. Tata Elxsi saw a decline of 5% in last 6 months, 10% in last 3 months, and 16% in last 1 month only. In 1 week only, the stock has fallen 13%. The company has a market capitalisation of Rs 45,312.34 crore.

The mid cap company operates in IT Software sector and incorporated in 1989.