This September turned out to be the most tough time of this year for the stock market investors with multiple stocks experiencing price correction along with many stocks plummeting over news surfacing the media creating a negative speculation and sentiments among the investors.
I have compiled a list of 10 Stocks which lost most of its market value in September in terms of Percentage. Below is the list:
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| Price as on Today (29-Sep-2018) |
Among these list of companies, 2 companies tanked the most with Infibeam losing market value by 75% and Dewan Housing Finance Corporation losing 59% of its market value.
Apart from these two, many Banking & Financial Sector firms were also affected including Yes Bank, Reliance Capital, Central Bank of India, SREI Infrastructure Finance.
If you are planning to buy those stocks thinking that it is now undervalued, Do make sure to do full risk analysis. It is not sure as to how much more the stocks might fall further.
Buying a falling stock is like catching a falling knife.
You will get hurt!
Before buying any of the stocks which have fallen a lot, do make sure to perform all kind of fundamental analysis on the stock and assess its current valuation with short and long term projections.
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