These beaten-down shares of chemical companies slipped over 50 per cent from their 52-week-highs!

Shreya Chaware
/ Categories: Trending, Mindshare
These beaten-down shares of chemical companies slipped over 50 per cent from their 52-week-highs!

List of liquid small-cap shares that have fallen by more than 50 per cent

The sharp correction in the markets has pushed several stocks into the bear market territory.  A stock is said to be in the bear market territory when it slips by more than 20 per cent from its 52-week high. We find several liquid small-cap stocks have also slipped by more than 50 per cent from their respective 52-week highs in the recent market correction.  

It may not be wrong to assume that these shares recover once the market stabilises and actually bounce back. 

Here is the list of liquid small-cap shares that have fallen by more than 50 per cent: 

Sr No.  Company Name Latest Market Cap (Rs crore) 52-week High Price LTP (Rs)* Change from 52-week high price (per cent)
1 Laxmi Organic Industries Ltd 7,860.07 628.05 296.5 -52.79%
2 Chemplast Sanmar Ltd 6,191.57 826.35 391.6 -52.61%
3 Rossari Biotech Ltd 4,401.76 1620.6 799.5 -50.67%
4 Privi Speciality Chemicals Ltd 4,066.82 2268 1041.1 -54.10%
5 Oriental Aromatics Ltd 1,729.46 1148 513.9 -55.24%
6 Bhansali Engineering Polymers Ltd 1,644.95 221.8 99.15 -55.30%
7 Camlin Fine Sciences Ltd 1,550.75 230.8 98.75 -57.21%
8 Valiant Organics Ltd 1,395.83 1674.5 514.05 -69.30%
9 INEOS Styrolution India Ltd 1,330 1886.8 756.3 -59.92%
10 Chemcon Speciality Chemicals Ltd 985.92 569.05 269.15 -52.70%
11 Sigachi Industries Ltd 726.45 648 236.3 -63.53%
12 National Peroxide Ltd 715.76 2599 1245.45 -52.08%
13 Bhageria Industries Ltd 688.49 328.55 157.75 -51.99%
14 Andhra Petrochemicals Ltd. 620.72 197.4 73.05 -62.99%
15 Jubilant Industries Ltd 497.89 796.9 330.45 -58.53%
16 Mangalam Organics Ltd 460.47 1300 537.65 -58.64%
17 Dynemic Products Ltd 438.98 766.67 369.05 -51.86%
18 Kanchi Karpooram Ltd 255.83 1365 588.95 -56.85%
19 Kilpest India Ltd 237.67 767.85 316.55 -58.77%

*Data as on June 20, 2022

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