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5 Small Cap Stocks That Declined 91% From Highs, Maximum Return Offered 20,000%
5 high quality stocks have witnessed sharp decline of 60% in trade from their 52-week high levels. These stocks are Sandur Manganese & Iron Ores Ltd, Dhruv Wellness Ltd, SEL Manufacturing, Shree Worstex Ltd, and Raghuvir Synthetics. As the prices of the scrips have fallen nearly 60% from their highs, investors can get an opportunity to buy the stocks at lower prices. Check key takeaways below:
| Name of company | Decline in percentage |
|---|---|
| Shree Worstex | 91% |
| Raghuvir Synthetics | 85% |
| Dhruv Wellness Ltd | 78% |
| Sandur Manganese & Iron Ores Ltd | 60% |
| SEL Manufacturing | 54% |
1. Shree Worstex Ltd
The current market price of the stock is Rs 32 apiece with 52-week high at Rs 350 apiece and 52-week low at Rs 30 apiece, respectively. The company has market capitalisation of Rs 10.22 crore.
Shree Worstex operates in the textile industry and the key services are spinning, weaving, blending, bleaching, sorting, picking, stretching and knitting various types of fabrics like cotton, wool, silk, hemp, nylon and man-made fibers, among others.
The stock has declined 91% from its 52-week high levels.
2. Raghuvir Synthetics Ltd
The current market price of the stock is Rs 153 apiece with 52-week high at Rs 1026 apiece and 52-week low at Rs 119 apiece. The company has a market capitalisation of Rs 593 crore. The stock has given a return of 1198% in last 5-years. The small cap stock operates in Textiles sector.
The stock has declined 85% from its 52-week high level.
3. Dhruv Wellness Ltd
The current market price of the stock is Rs 98 apiece. It has given return of 363% in last 5-years. The small cap stock has a market capitalisation of Rs 104 crore. The stock's 52-week high is quoted at Rs 438 apiece and 52-week low is quoted at Rs 73 apiece.
Dhruv Wellness Limited is engaged in the wholesale and distribution of pharmaceutical products. It operates as a stockist of medical, general cosmetics, and massage oil products.
The stock has declined 78% from its 52-week high price.
4. Sandur Manganese & Iron Ores Ltd
The last trading price of the stock is Rs 685 apiece. The stock's 52-week high is Rs 1700 apiece and 52-week low is Rs 603 apiece, respectively. The company has a market capitalisation of Rs 1852 crore. The stock operates in Mining sector.
The stock has declined 60% from its 52-week high price of Rs 1700 and currently trading near its 52-week low price.
5. SEL Manufacturing Company Ltd
The current market price of the stock is Rs 569 apiece with 52-week high at Rs 1237 apiece and 52-week low at Rs 9 apiece, respectively. The company has a market capitalisation of Rs 1886 crore. The stock has given whopping a return of 20,235% in last 5 years, 81,242% in last 3-years, and 6929% in last 1-year. The small cap company operates in Textile sector.
The stock has declined 54% from its 52-week high level.
Disclaimer
The above stocks witnessed sharp decline from their 52-week high levels. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.
