5 Stocks That Have Dropped More Than 70% From 52-week Highs - Goodreturns

2022-09-09 19:24:54 By : Ms. Lilia Qin

The sharp fall in the starting months of the year has led many stocks to their all-time lows. Many stocks have recovered with the market's recovery phase but haven't shown signs of recovery yet.

Here are 5 stocks that have fallen sharply by more than 70% in the previous few months.

GKP Printing & Packaging Ltd GKP Printing & Packaging company is part of the container and packaging industry; it mainly manufactures duplex paper, low-density plastic rolls, and trading Kraft paper and corrugated boxes. The stock's current market price is Rs. 90.40, and the stock made a 52-week high of Rs. 310.20. The market capitalization of GKP Printing & Packaging is Rs. 133 Crore. The stock is currently 70.86% away from its 52-week high. Galactico Corporate Services Ltd Galactico Corporate Services Ltd. is a part of the banking and finance sector; a Category-I SEBI registered merchant banker. The company provides transaction advisory, investment banking, business modeling, and valuation services. The stock's current market price is Rs. 25.00, and the stock made a 52-week high of Rs. 88.15. The market capitalization of Galactico Corporate Services is Rs. 373 Crore. The stock is currently 71.64% away from its 52-week high.   Sharpline Broadcast Ltd Sharpline Broadcast Ltd belongs to the consulting services industry; it provides product management, consulting and support services. Besides consulting, the company provides real-estate developers, collaborators, trading, investment, dealer, commission-agent, brokers and many other services. The stock's current market price is Rs. 12.7, and the stock made a 52-week high of Rs. 55.95. The market capitalization of Sharpline Broadcast Ltd is Rs. 14.7 Crore. The stock is currently 77.3% away from its 52-week high. Mehta Housing Finance Ltd Mehta Housing Finance Ltd is a part of the housing finance industry; the company was incorporated in 1993 and provides housing finance to developers and builders. The current market price of the stock is Rs. 97.8, and the stock made a 52-week high of Rs. 317.90. The market capitalization of Mehta Housing Finance Ltd is Rs. 30.1 Crore. The stock is currently 69.24% away from its 52-week high. Kanani Industries Ltd Kanani Industries Ltd is part of the textiles, apparel and accessories sector and belongs to other apparel and accessories industries. The company was incorporated in 1983 and is engaged in the export and manufacturing of Diamond Studded Jewelry. The stock's current market price is Rs. 9.98, and the stock made a 52-week high of Rs. 42.35. The market capitalization of Sharpline Broadcast Ltd is Rs. 98.8 Crore. The stock is currently 76.45% away from its 52-week high.

GKP Printing & Packaging company is part of the container and packaging industry; it mainly manufactures duplex paper, low-density plastic rolls, and trading Kraft paper and corrugated boxes. The stock's current market price is Rs. 90.40, and the stock made a 52-week high of Rs. 310.20. The market capitalization of GKP Printing & Packaging is Rs. 133 Crore. The stock is currently 70.86% away from its 52-week high.

Galactico Corporate Services Ltd. is a part of the banking and finance sector; a Category-I SEBI registered merchant banker. The company provides transaction advisory, investment banking, business modeling, and valuation services.

The stock's current market price is Rs. 25.00, and the stock made a 52-week high of Rs. 88.15. The market capitalization of Galactico Corporate Services is Rs. 373 Crore. The stock is currently 71.64% away from its 52-week high.

Sharpline Broadcast Ltd belongs to the consulting services industry; it provides product management, consulting and support services. Besides consulting, the company provides real-estate developers, collaborators, trading, investment, dealer, commission-agent, brokers and many other services.

The stock's current market price is Rs. 12.7, and the stock made a 52-week high of Rs. 55.95. The market capitalization of Sharpline Broadcast Ltd is Rs. 14.7 Crore. The stock is currently 77.3% away from its 52-week high.

Mehta Housing Finance Ltd is a part of the housing finance industry; the company was incorporated in 1993 and provides housing finance to developers and builders.

The current market price of the stock is Rs. 97.8, and the stock made a 52-week high of Rs. 317.90. The market capitalization of Mehta Housing Finance Ltd is Rs. 30.1 Crore. The stock is currently 69.24% away from its 52-week high.

Kanani Industries Ltd is part of the textiles, apparel and accessories sector and belongs to other apparel and accessories industries. The company was incorporated in 1983 and is engaged in the export and manufacturing of Diamond Studded Jewelry.

The stock's current market price is Rs. 9.98, and the stock made a 52-week high of Rs. 42.35. The market capitalization of Sharpline Broadcast Ltd is Rs. 98.8 Crore. The stock is currently 76.45% away from its 52-week high.