The Indian stock exchange has actually observed a solid rally in the last one year. Data readily available from ACE Equity reveals that since August 30, 2024, the BSE Sensex, India’s large-cap equity criteria has actually risen 27% in the last one year, while the wider market index BSE 500 obtained 40% in the last one year duration.
However, regardless of this rally, some supplies from BSE 500 index have actually decreased approximately 46% in the very same period and deteriorated capitalists’ wide range. Among the leading losers, a number of firms throughout different industries have actually experienced significant decrease in their supply rates, mirroring a difficult year on the market.
Zee Entertainment Enterprises, a significant gamer in the media & & amusement industry, is the most significant loser in the BSE 500 index, with its supply decreasing by 46%. The firm’s share rate dropped from Rs 266.20 on August 30, 2023, to Rs 140.8 on August 30, 2024. This high decline additionally affected its market capitalisation, which currently stands at Rs 13,524 crore.
Rajesh Exports, running in the ruby & & jewelry industry, additionally experienced a hefty loss, with a 41% decrease in its supply rate for many years. The supply shut at Rs 292.75, below Rs 493.20. The firm’s market capitalisation is currently Rs 8,644 crore.
Vaibhav Global, a Retailing firm, experienced a 30% decrease in its supply rate, shutting at Rs 317.25. The firm’s market cap currently stands at Rs 5,268 crore.
In the IT industry, One97 Communications (PAYTM) saw its supply loss by 28%. The supply shut at Rs 621.8 on August 30, 2024, below Rs 861.70 a year back, bringing its market capitalisation to Rs 39,570 crore.
In the Chemicals industry, Navin Fluorine International and Anupam Rasayan India encountered considerable declines. Navin Fluorine’s supply dropped by 28% to Rs 3,299, while Anupam Rasayan saw a 23% reduction, with its supply closing at Rs 777.1. These decreases show the wider difficulties in the chemicals industry, consisting of basic material prices and international market characteristics.
Other substantial decliners consist of VIP Industries in the Household & & Personal Products industry, with a 27% decline, KRBL in Consumer Food with a 24% decrease, IDFC First Bank in the Banking industry saw its supply loss by 21%, and lastly, Medplus Health Services in Healthcare, additionally down 17%, mirroring difficulties in the particular industries.
Disclaimer: Business Today gives stock exchange information for informative objectives just and ought to not be interpreted as financial investment guidance. Readers are urged to seek advice from a certified economic expert prior to making any type of financial investment choices.
