BSE 500: The stock market is a game of huge risk. Those who take risks in this sometimes become rich and sometimes fall flat on their face. The last one year has been very good for the stock market. Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have created new records. Along with this, investors have also been filled with money. Encouraged by this, the number of people investing in the stock market is increasing rapidly every month. But, there are some stocks which have caused huge losses to investors in this one year. Today we are going to give you information about 10 such stocks.
BSE rose rapidly but some companies fell drastically
In the last 12 months, the BSE 500 index has jumped by about 40 percent. But, some stocks have gone down by about 46 percent during the same period. According to a report by Business Standard, the BSE Sensex has gone up by 27 percent this year till August 30, 2024. But, the performance of these 10 companies has been very poor. All these top losers are from different sectors. They have sunk a lot of investors’ money. The coming year also looks challenging for them.
Zee Entertainment Enterprises
The shares of this company of the media and entertainment sector have gone down by 46 percent. Its stock price was Rs 266.20 on August 30, 2023, which is now only Rs 140.8. This has also affected the market cap of the company, which has come down to Rs 13,524 crore.
Rajesh Exports
This company works in the diamond and jewellery sector. The company’s shares have gone down by 41 percent. It has seen a decline from Rs 493.20 to Rs 292.75 in 12 months. The company’s market cap has also now come down to Rs 8,644 crore.
Vaibhav Global
This is a retailing company. Its stock has fallen by almost 30 percent to Rs 317.25. Its market cap has also come down to Rs 5,268 crore.
One97 Communications
It is the parent company of fintech giant Paytm. Its stock has fallen by almost 28 percent to Rs 621.8, which was Rs 861.70 a year ago. Its market cap has also come down to Rs 39,570 crore.
Navin Fluorine International
This is a company in the chemical sector. Its stock has fallen by almost 28 percent to Rs 3,299.
Anupam Rasayan India
The stock of this chemical sector company has fallen by almost 23 percent to Rs 777.1.
VIP Industries
The stock of this personal product manufacturing company has fallen by almost 27 percent to Rs 486.85.
KRBL
The stock of this consumer food manufacturing company has fallen by almost 24 percent to Rs 305.85.
IDFC First Bank
The stock of this private sector bank has fallen by almost 21 percent to Rs 73.84.
Medplus Health Services
The stock of this healthcare sector company has fallen by almost 17 percent to Rs 681.85.
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