5 Stocks That Fell The Most In Three Years, Do You Own Them?

The stocks of five companies have tanked the most, roughly by 73%, in the last three years. But the Indian markets have managed to reward investors over the same timeframe. If you would have invested in Sensex or Nifty three years ago, you have earned a return of 85.4% or 88.95% by now.

However, not all the stocks on the indices performed well. There are five stocks that we identified that are bleeding in deep red. If you own any of them, they could bleed your finances. The companies are Omaxe, GE Power India, Johnson Controls-Hitachi Air Conditioning India, Dhani Services and IndoStar Capital Finance. Their details are given below.

1. Omaxe Limited

Omaxe is a mid-cap company that engages in infrastructure and real estate development activities in India. It has a market capitalisation of Rs 9.2 billion and the latest stock price is Rs 50.70. In the last three years, the stock has plunged by 72.9%.

2. GE Power India

GE Power India is a mid-cap company that operates in the power sector. It engages in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment in India and internationally. It has a market capitalisation of Rs 8.4 billion and the latest stock price is Rs 132.10. In the last three years, the stock has plunged by 68.4%.

3. Johnson Controls-Hitachi Air Conditioning India

Johnson Controls-Hitachi Air Conditioning India is a mid-cap company operating in consumer durables segments, especially white goods. It manufactures and distributes conditioners, chillers, refrigerators, air purifiers and variable refrigerant flow systems in India. It has a market capitalisation of Rs 28.2 billion and the latest stock price is Rs 1,038.05. In the last three years, the stock has plunged by nearly 57.1%.

4. Dhani Services

Dhani Services Limited offers digital healthcare and digital transactional finance through its Dhani app in India. It is a small-cap company with a market capitalisation of Rs 22.2 billion. Its latest stock price is Rs 34.57 per share while over three years, the share price has fallen by 56%.

5. IndoStar Capital Finance

IndoStar Capital Finance Limited, a non-banking financial company (NBFC), engages in the provision of various financing services to corporates, small and medium enterprises (SMEs), and individual customers in India. It is a small cap company with a market capitalisation of Rs 19.6 billion. Its latest stock price is Rs 145 per share while over three years, the share price has declined by 49.5%.

Disclaimer

Please note that the above-mentioned data that the stock price has grown/fallen should be treated as purely informational and not an advisory to invest. These should not be construed as recommendations to either hold, buy or sell in the stocks listed above. We have not done any detailed fundamental analysis, hence caution should be exercised while investing. Neither Greynium Information Technologies nor the author would be held responsible for the losses incurred due to any decision taken on the basis of this write-up.