Stocks in Focus 23 March 2024
Recently, there was a strong rally in mid-cap stocks in the stock market. Some stocks saw a surge, but then the mid-cap sector saw a steep decline, with some stocks falling more than 50% from their peak. There was a significant drop in mid-cap stocks recently, impacting some stocks significantly.
In Nifty Midcap 100, more than two stocks are down by over 50%. Nine stocks are down by 30-50%. Additionally, 27 stocks are down by 20-29%, and 53 stocks are down by 10-19%.
Here is a look at 10 mid-cap stocks that have fallen from their 52-week highs:
1. **One97 Communications Limited** ★58% down from its 52-week high.
2. **Zee Entertainment Enterprises Limited** ★53% down from its 52-week high.
3. **New Floren International Limited** ★40% down from its 52-week high.
4. **Bandhan Bank Limited** ★35% down from its 52-week high.
5. **AU Small Finance Bank Limited** ★31% down from its 52-week high.
6. **Devyani International Limited** ★31% down from its 52-week high.
7. **Indian Railway Finance Corporation Limited** ★31% down from its 52-week high.
8. **Rashtriya Ispat Nigam Limited** ★31% down from its 52-week high.
9. **Vodafone Idea** ★31% down from its 52-week high.
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Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
