BLUE CHIP STOCKS THAT LOST OVER 30% (NIFTY 50 STOCKS)

 


Indian stock market have seen a tremendous selling from past many months, making investors worry about there portfolios and about the future of the companies and the stock.

Blue Chip stocks always seem to be a good investment for investors from past many years but this time Blue chip stocks also corrected well over expectations.
Some have lost over 50% of the Market capitalization and some over 30%.
In this Blog we'll see the Nifty 50 Stocks or The Blue Chip Stocks which have declined over 30% in this recent correction. So they are as follows:


1. TATA MOTORS:





TataMotorsLimited is an Indian multinational automotive company.  
The company produces carstrucksvans, and buses.
  • Tata Motors stock has soared over 1700% from the past Covid crash.
  • The stock made all time high in july'24 by rising to a level of 1180 INR.
  • After rising for more than 4 yrs the stock made its all time high top and from there it corrected nearly 50%.
  • The stock is currently trading at a level of 655.50 Rupees.
  • With the rising demand of Tata motors products one can estimate its future growth and invest in this accordingly.(Consult your financial advisor before making any decision).
CURRENT MARKET CAPITALIZATION: 2,41,301.95 Crores.


2. HERO MOTOCORP LTD :




Hero MotoCorp Limited is an Indian multinational motorcycle and scooter manufacturer.
It has a market share of about 30% in the Indian two-wheeler industry.
  • Hero Motocorp Limited is one of the imp. stock in auto industry.
  • Post COVID it impressed investors with a return of over 300%.
  • From making low of 1500 INR in 2020 to making an all time high of over 6200 Indian Rupees in 2024 the stock showed the rapid growth of the company.
  • Now the stock is down by over 43% from that high and is trading at a level of 3529 Indian Rupees.
CURRENT MARKET CAPITALIZATION: 70,586.82 Crores.

3. TRENT LTD:



Trent Limited  is an Indian retail company, which is part of the Tata Group.
Trent owns and operates fashion and lifestyle retail formats such as Westside, Zudio and Utsa. The company also runs retail chains like Star Bazaar and Zara through joint ventures.
  • Trent being the one of the most investors favourite stock post Covid, it bounced over 2000% in 4yrs or so without giving much pullbacks or correction.
  • It made a high of 8,330 INR in October 2024 making the investors more greedy of thinking that the stock will touch 10,000 INR level soon.
  • But it made an exhaustion, and made a U- Turn from the all time high level and make it correct over 43%.
  • The stock made a low of  4730 INR and is currently trading at a level of 5022.40 INR.
  • Investors need to analyze the stock with caution and should invest only if they seek some value in the company. 
CURRENT MARKET CAPITALIZATION: 1,78.540 Crores.


 



4. ONGC (OIL AND NATURAL GAS CORP.):





Oil and Natural Gas Corporation Limited (ONGC) is a global energy holding company, engaged in the oil exploration, development, and production of crude oil and natural gas. Its segments include Exploration & Production (E&P), and Refining.

  • The stock has bounced over 580% from COVID crash low in 2020 to its all time high of 345 INR in 2024.
  • Now, this stock is going through a correction phase and it has corrected over 37% and trading at a Current Market Price of 225.43 INR.
CURRENT MARKET CAPITALIZATION: 2,83,597.23 Crores.

5. BAJAJ AUTO LTD :




Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. It manufactures motorcycles, scooters and auto rickshaws.
  • The Respective Stock Soared over 600% after the COVID Crash from 2020 to 2024.
  • It made it's all time high in september 2024 and it touched almost 12800 INR level.
  • Now the stock has corrected over 43% from the all time high level and is currently trading at a level of 7500 INR.
So, this can be an awesome opportunity for the investors who are looking for long term perspective returns and have analyzed the stock and see some value in it.

CURRENT MARKET CAPITALIZATION: 2,09,574.46 Crores.

6. COAL INDIA LIMITED:




Coal India Limited  is an Indian public sector undertaking and the largest government-owned coal producer in the world.
It accounts for around 82% of the total coal production in India.
  • The stock soared almost 400% from the COVID low in 2020.
  • It made an all time high of 542 INR in august'24.
  • After making an all time high it has corrected over 35% from the top
  • It made a low of  350 INR and is currectly trading at a level of 373 INR.
CURRENT MARKET CAPITALIZATION: 2,33,136 Crores.

7. BPCL LTD :




Bharat Petroleum Corporation Limited is an Indian public sector oil and gas company, headquartered in Mumbai. It is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas.

  • The stock made it's All time high in september 2024.
  • It bounced to a level of 376 INR at that time.
  • From that level, it corrected over 36% making a low of 230 INR approx.
  • It's currently trading at a level of 264.40 INR.
CURRENT MARKET CAPITALIZATION: 1,14,713.46 Crores.

8. ASIAN PAINTS LTD:

Asian Paints is India's largest paints company by market share.
The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing related services.
  • Asian Paints Ltd. is among the very  few stocks which havn't bounced much after the COVID crash.
  • This stock failed to gave returns to its investors from past years.
  • It tried to touch the level of 3600 INR. many times but failed all time.
  • Now from the high, it has corrected over 36% and made a low of 2135 INR.
  • It is currently trading at a level of 2231.30 INR.
CURRENT MARKET CAPITALIZATION: 2,14,025.80 Crores.

9. INDUSIND BANK LTD:



  • Indusind bank bounced over 600% from the crash of 2020.
  • It made a low of 238 INR at that time and bounced from there and made a high of 1687 INR.
  •  From that level, it dropped almost 64% taking it to a level of  615 INR.
  • The stock is currently trading at a price of 672.35 INR.
CURRENT MARKET CAPITALIZATION: 52,379.73 Crores.









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