The year 2021 has been very good for the domestic stock market. Many companies have given strong returns to investors and their shares have reached new heights. However, there has been a lot of volatility in the stock market this year. After reaching new highs, many heavyweight stocks have fallen sharply. HDFC Asset Management Company (HDFC AMC), Indian Railway Catering and Tourism Corporation (IRCTC), LIC Housing Finance and SAIL are such companies. The shares of these companies have fallen sharply. The shares of these companies have fallen by up to 40 per cent.
IRCTC shares are now at 766 from a high of Rs 1279
The shares of IRCTC were at a level of Rs 1278.60 on 19 October last year. The company’s shares closed at Rs 766 on BSE on Wednesday. The company’s shares have declined nearly 40 per cent from their lifetime highs. The company’s shares have fallen about 10 per cent so far this year. IRCTC shares have given a return of around 4 per cent in the last 6 months.
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HDFC AMC shares now at 2220 from a high of Rs 3365
Shares of HDFC Asset Management Company had hit a 52-week high of Rs 3,365 in September last year. However, after this the company’s shares declined. The company’s shares have closed at the level of Rs 2219.85 on the Bombay Stock Exchange on 23 March 2022. Shares of HDFC Asset Management Company have fallen nearly 34 per cent from their 52-week high. The all-time high level of the company’s shares is Rs 3,707.80.
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SAIL shares now at 103 from a high of Rs 151
Shares of state-owned Steel Authority of India (SAIL) reached its 52-week high of Rs 151 on August 2021. However, since then there was selling pressure in the company’s shares. The company’s shares closed at the level of Rs 103.10 on the Bombay Stock Exchange on 23 March 2022. Shares of state-owned SAIL are down nearly 32 per cent from their 52-week high. SAIL shares have given investors around 22 per cent returns in the last one month.
LIC Housing Finance shares now at 366 from a high of Rs 542
Shares of LIC Housing Finance were at their 52-week high of Rs 542.45 on June 2021. The shares of the company have closed at the level of Rs 366.15 on the Bombay Stock Exchange on 23 March 2022. The company’s shares are down nearly 33 per cent from their 52-week high. The shares of the company have given negative returns so far this year. The shares of the company have given around 11 per cent returns to the investors in the last one month. Apart from this, shares of auto component maker Endurance Technologies had touched a level of Rs 1,989 in October 2021. The company’s shares closed at Rs 1180.80 on BSE on 23 March 2022. The company’s shares have fallen nearly 40 per cent from its all-time high.