5 Stocks That Fell As Much As 43% In 3-Months

After four days of positive up-move, domestic equities came under pressure after China released weaker-than-expected Manufacturing PMI data. Also, the deadlock of the US debt ceiling continued to keep investors nervous. Nifty opened lower and remained in negative territory throughout the session. However, MSCI flows gave some respite in the last 30 minutes and the index closed with a loss of 99 points at 18534 levels. The broader market outperformed with the Nifty midcap/smallcap 100 up 0.8% and 1% respectively.

"Sectorially, it was a mixed bag with consumer durables and Realty being top gainers. Indian equities ended the month of May on a positive note with Nifty up 2.5% driven by a healthy Q4FY23 earning season and consistent FIIs buying. For the month, FIIs bought Rs24,450 crores in equities. Global as well as domestic markets would react to the US Congress voting with just days remaining to avoid a default. In addition, Domestic equities would react to India's GDP data, which would be released late on Wednesday. This would give direction to RBI in its upcoming policy meeting," Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Here are a list of 5 stocks that dropped as much as 43% in 3-months. We have not factored any fall due to bonus etc. Readers need to do their own research for the purpose.

EKI Energy Services

EKI Energy Services shares have fallen as much as 45% in the last 3-months. The stock has hit a 52-week high of Rs 2964 and a 52-week low of Rs 355.25. The reasons for the fall in the stock price of EKI Energy Services is not known.

GRM Overseas

The shares of GRM Overseas has fallen as much as 43% over the last 3-months. The stock of the company has dropped from 52-week high of Rs 498 and currently trades at Rs 172.75.

SEPC

A similar downward trend was seen in the stock of SEPC, which has dropped nearly 42.8% in the last 3-months. The stock of Raj Rayon is down 37.4% in the last 3-months, while the stock of Rajnish Wellness is down by 35% in the last 3-months.

Overall, all of these 5-stocks have seen volatility.