The 30-stock Sensex rose 7.33% in the last one year with Nifty gaining 5.90%. Some stocks made it to the news for the wrong reasons and saw considerable erosion in their value during the period. These firms had seen their financial condition deteriorate due to a host of factors in the last one year and left investors shocked by their sudden beating on the bourses.Let's have a look at five well-known stocks which capped upsides in the broader market and lost up to 90% value during the last one year.
Dewan Housing Finance share price has seen a gradual fall of 90.92% in the last one year, which continued to slide to 77.47% since the beginning of 2019. The stock hit a fresh 52-week low of 44.45 level on July 16, 2019. Interestingly, the stock hit its 52-week high of 690 level on September 3, 2018, which had fallen to a low of 93.55%.
The share price of this travel firm has fallen to its 90% within a year, which includes a loss of 89% experienced in 2019. The stock hit its fresh 52-week low of 18.05 level on July 18, 2019, but in last October, it hit its 52-week high of 211.90 level on BSE.
Jet Airways share price has lost 85.20% during the last one year, including 83.58% since the beginning of 2019. The stock hit its fresh 52-week low of 27 level on June 20, 2019, but it rose to its 52-week high of 359.50 level on BSE on November 16 , 2018.
The private sector lender has fallen 77.83% during the last one year and lost 52.30% since the beginning of this year. The stock hit a fresh 52 week low of 83.70 level in trade. It has fallen 79.28% from its 52-week high of 404 level. YES Bank share price hit the 404 level on August 8 last year.
The stock of the jewellery firm has plunged 53.40% within a year, which continued falling to 57.81% in 2019. It hit a fresh 52-week high of 167.60 on April 18 2019, but saw a down graph of 35.35 level on BSE after three months.