6 Stocks Down By Up To 83% From Their 52-Week High

There are six stocks of companies that have fallen by up to 83% from their 52-week high, although the broader indexes ended on a positive note. The Sensex ended 99.08 points or 0.16% higher at 62,724.71 and Nifty closed at 18,601.50, up by 38.10 points or 0.21%.

These stocks have all seen significant declines in their share prices over the past year. Several factors could have contributed to these declines. Here are 5 Indian stocks that are down by 70% from their 52-week high:

EKI Energy

EKI Energy Services Limited provides climate change, carbon credit, and sustainability solutions. The Company offers carbon credit, asset management, carbon footprint management, sustainability audits, and training for quality control and management. Its stock price has fallen by 83% from its 52-week high of Rs 2,964 to Rs 503.95.

The stock of the company is placed under additional surveillance by SEBI, the market regulator.

Easy Trip Planners Ltd

Easy Trip Planners Ltd. is a travel and tourism company that provides online travel bookings. Its stock price has fallen by 39.78% from its 52-week high of 73.50 to Rs 44.26.

Gensol Engineering Ltd

Gensol Engineering Ltd is a solar energy company that designs, manufactures, and installs solar power systems. Its stock price has fallen by 50.25% from its 52-week high of Rs 1,990 to Rs 990.

Tata Teleservices Maharashtra Ltd

Tata Teleservices Maharashtra Ltd is a telecommunications company that provides mobile and fixed-line services in the state of Maharashtra. Its stock price has fallen by 45.38% from its 52-week high of Rs 149 to Rs 81.39.

Balaji Amines Ltd

Balaji Amines Ltd is a specialty chemicals company that manufactures and markets a range of amines and related products. Its stock price has fallen by 43.71% from its 52-week high of Rs 3,841.85 to Rs 2162.75.

TGV Sraac Ltd

TGV Sraac Ltd. is a real estate development company that develops residential, commercial, and industrial properties. Its stock price has fallen by 45.22% from its 52-week high of Rs 182 to Rs 100.54.

It is important to note that past performance is not a guarantee of future results. These stocks may continue to decline in price, or they may recover and reach new highs. Investors should do their own research before investing in any stock.

Disclaimer

This article is for information purposes only and is not a recommendation to buy, sell or hold. 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 consult with certified experts before making any investment decision.