Stock Market Highlights: Top Decliners and Key Insights

Today’s stock market saw several companies experiencing notable declines in their stock prices. This article highlights the top decliners, providing detailed insights into their sectors, industries, and market capitalizations.

HDFC Bank Ltd. (HDFCBANK)

 

– Sector: Banking
– Industry: Bank – Private
– Market Cap Category: Large Cap
– Latest Trading Price (LTP): ₹1648.1
– Change: ₹-79.05
– Change Percentage: -4.58%

HDFC Bank Ltd. experienced a significant decline of 4.58%, closing at ₹1648.1. As a large-cap private bank, this drop indicates a notable shift in investor sentiment, possibly influenced by market conditions or recent developments in the banking sector.

Astrazeneca Pharma India Ltd. (ASTRAZEN)

 

– Sector: Healthcare
– Industry: Pharmaceuticals & Drugs
– Market Cap Category: Small Cap
– LTP: ₹6895.75
– Change: ₹-233.1
– Change Percentage: -3.27%

Astrazeneca Pharma India Ltd. saw a decline of 3.27%, with its stock price falling to ₹6895.75. This small-cap pharmaceutical company’s decrease may be due to sector-wide pressures or specific company news affecting investor confidence.

Grindwell Norton Ltd. (GRINDWELL)

 

– Sector: Abrasives
– Industry: Abrasives
– Market Cap Category: Small Cap
– LTP: ₹2856.35
– Change: ₹-94.6
– Change Percentage: -3.21%

Grindwell Norton Ltd. experienced a 3.21% decrease, closing at ₹2856.35. As a small-cap company in the abrasives industry, this decline could reflect broader market trends or specific challenges within the sector.

Medplus Health Services Ltd. (MEDPLUS)

 

– Sector: Healthcare
– Industry: Pharmaceuticals & Drugs
– Market Cap Category: Small Cap
– LTP: ₹669.3
– Change: ₹-20.6
– Change Percentage: -2.99%

Medplus Health Services Ltd. saw a 2.99% drop, with its stock price reaching ₹669.3. The company, operating in the healthcare and pharmaceuticals sector, may be facing sector-specific challenges or broader market influences.

Brigade Enterprises Ltd. (BRIGADE)

 

– Sector: Realty
– Industry: Construction – Real Estate
– Market Cap Category: Small Cap
– LTP: ₹1344.45
– Change: ₹-40.15
– Change Percentage: -2.9%

Brigade Enterprises Ltd. experienced a 2.9% decrease, closing at ₹1344.45. This small-cap real estate construction company’s decline could be due to market conditions affecting the real estate sector.

PB Fintech Ltd. (POLICYBZR)

 

– Sector: Information Technology
– Industry: Fintech
– Market Cap Category: Mid Cap
– LTP: ₹1379.45
– Change: ₹-40.8
– Change Percentage: -2.87%

PB Fintech Ltd., the parent company of Policybazaar, saw a 2.87% drop, with its stock price falling to ₹1379.45. As a mid-cap fintech company, this decline might reflect investor concerns about the broader tech sector or specific company issues.

Vedant Fashions Ltd. (MANYAVAR)

 

– Sector: Textile
– Industry: Textile
– Market Cap Category: Small Cap
– LTP: ₹1094.65
– Change: ₹-31
– Change Percentage: -2.75%

Vedant Fashions Ltd., known for its Manyavar brand, experienced a 2.75% decline, closing at ₹1094.65. This small-cap textile company’s drop could be attributed to market trends or specific challenges within the fashion industry.

KPIT Technologies Ltd. (KPITTECH)

 

– Sector: Information Technology
– Industry: IT – Software
– Market Cap Category: Mid Cap
– LTP: ₹1693.95
– Change: ₹-47.7
– Change Percentage: -2.74%

KPIT Technologies Ltd. saw a 2.74% drop, with its stock price reaching ₹1693.95. As a mid-cap IT software company, this decline might be due to broader tech sector trends or specific company challenges.

Metro Brands Ltd. (METROBRAND)

 

– Sector: Retailing
– Industry: Footwear
– Market Cap Category: Mid Cap
– LTP: ₹1217.45
– Change: ₹-31.95
– Change Percentage: -2.56%

Metro Brands Ltd. experienced a 2.56% decrease, closing at ₹1217.45. This mid-cap footwear retail company’s decline could reflect market conditions or specific challenges within the retail sector.

Galaxy Surfactants Ltd. (GALAXYSURF)

 

– Sector: Fast Moving Consumer Goods
– Industry: Household & Personal Products
– Market Cap Category: Small Cap
– LTP: ₹3035.55
– Change: ₹-79.15
– Change Percentage: -2.54%

Galaxy Surfactants Ltd. saw a 2.54% drop, with its stock price falling to ₹3035.55. As a small-cap company in the household and personal products industry, this decline might be due to market trends or specific company issues.

Kajaria Ceramics Ltd. (KAJARIACER)

 

– Sector: Construction Materials
– Industry: Ceramics/Marble/Granite/Sanitaryware
– Market Cap Category: Small Cap
– LTP: ₹1476.25
– Change: ₹-37.75
– Change Percentage: -2.49%

Kajaria Ceramics Ltd. experienced a 2.49% decrease, closing at ₹1476.25. This small-cap company in the construction materials industry could be facing broader market challenges or sector-specific issues.

Sterling and Wilson Renewable Energy Ltd. (SWSOLAR)

 

– Sector: Infrastructure
– Industry: Engineering – Construction
– Market Cap Category: Small Cap
– LTP: ₹690.55
– Change: ₹-17.25
– Change Percentage: -2.44%

Sterling and Wilson Renewable Energy Ltd. saw a 2.44% drop, with its stock price reaching ₹690.55. This small-cap company in the renewable energy sector might be affected by market trends or specific challenges within the industry.

JB Chemicals & Pharmaceuticals Ltd. (JBCHEPHARM)

 

– Sector: Healthcare
– Industry: Pharmaceuticals & Drugs
– Market Cap Category: Small Cap
– LTP: ₹1742.55
– Change: ₹-43.05
– Change Percentage: -2.41%

JB Chemicals & Pharmaceuticals Ltd. experienced a 2.41% decrease, closing at ₹1742.55. This small-cap pharmaceutical company’s decline could reflect sector-specific challenges or broader market conditions.

KEC International Ltd. (KEC)

 

– Sector: Infrastructure
– Industry: Engineering – Construction
– Market Cap Category: Small Cap
– LTP: ₹900.65
– Change: ₹-22.1
– Change Percentage: -2.4%

KEC International Ltd. saw a 2.4% drop, with its stock price falling to ₹900.65. This small-cap company in the engineering and construction industry might be facing market pressures or specific sector challenges.

Bajaj Holdings & Investment Ltd. (BAJAJHLDNG)

 

– Sector: Finance
– Industry: Finance – NBFC
– Market Cap Category: Large Cap
– LTP: ₹9667.6
– Change: ₹-235.3
– Change Percentage: -2.38%

Bajaj Holdings & Investment Ltd. experienced a 2.38% decrease, closing at ₹9667.6. This large-cap NBFC’s decline could reflect broader market conditions or specific issues within the finance sector.

Metropolis Healthcare Ltd. (METROPOLIS)

 

– Sector: Healthcare
– Industry: Hospital & Healthcare Services
– Market Cap Category: Small Cap
– LTP: ₹2037.9
– Change: ₹-48.55
– Change Percentage: -2.33%

Metropolis Healthcare Ltd. saw a 2.33% drop, with its stock price reaching ₹2037.9. This small-cap company in the healthcare services industry might be affected by sector-specific challenges or broader market trends.

Vodafone Idea Ltd. (IDEA)

 

– Sector: Telecom
– Industry: Telecommunication – Service Provider
– Market Cap Category: Mid Cap
– LTP: ₹17.09
– Change: ₹-0.39
– Change Percentage: -2.23%

Vodafone Idea Ltd. experienced a 2.23% decrease, closing at ₹17.09. This mid-cap telecom service provider’s decline could reflect broader industry challenges or specific company issues.

Redington Ltd. (REDINGTON)

 

– Sector: Trading
– Industry: Trading
– Market Cap Category: Small Cap
– LTP: ₹215.44
– Change: ₹-4.9
– Change Percentage: -2.22%

Redington Ltd. saw a 2.22% drop, with its stock price falling to ₹215.44. This small-cap trading company might be facing market pressures or sector-specific challenges.

Tube Investments of India Ltd. (TIINDIA)

 

– Sector: Automobile & Ancillaries
– Industry: Cycles
– Market Cap Category: Mid Cap
– LTP: ₹4231.8
– Change: ₹-95.1
– Change Percentage: -2.2%

Tube Investments of India Ltd. experienced a 2.2% decrease, closing at ₹4231.8. This mid-cap company in the cycles industry might be facing market pressures or specific sector challenges that contributed to its decline.

Action Construction Equipment Ltd. (ACE)

 

– Sector: Capital Goods
– Industry: Construction Vehicles
– Market Cap Category: Small Cap
– LTP: ₹1492.3
– Change: ₹-33.35
– Change Percentage: -2.19%

Action Construction Equipment Ltd. saw a 2.19% drop, with its stock price reaching ₹1492.3. This small-cap company in the construction vehicles sector might be dealing with broader market challenges or specific industry issues.

Chemplast Sanmar Ltd. (CHEMPLASTS)

 

– Sector: Chemicals
– Industry: Chemicals
– Market Cap Category: Small Cap
– LTP: ₹550.05
– Change: ₹-12.15
– Change Percentage: -2.16%

Chemplast Sanmar Ltd. experienced a 2.16% decline, closing at ₹550.05. This small-cap chemicals company’s drop could be attributed to market trends or specific challenges within the chemicals industry.

KSB Ltd. (KSB)

 

– Sector: Capital Goods
– Industry: Compressors / Pumps
– Market Cap Category: Small Cap
– LTP: ₹4925.8
– Change: ₹-107.45
– Change Percentage: -2.13%

KSB Ltd. saw a 2.13% decrease, with its stock price falling to ₹4925.8. This small-cap company in the compressors and pumps industry might be facing sector-specific challenges or broader market pressures.

BSE Ltd. (BSE)

 

– Sector: Finance
– Industry: Finance – Others
– Market Cap Category: Mid Cap
– LTP: ₹2405.35
– Change: ₹-52
– Change Percentage: -2.12%

BSE Ltd. experienced a 2.12% drop, closing at ₹2405.35. This mid-cap company in the finance sector might be influenced by broader market trends or specific issues within the financial industry.

Equitas Small Finance Bank Ltd. (EQUITASBNK)

 

– Sector: Banking
– Industry: Bank – Private
– Market Cap Category: Small Cap
– LTP: ₹92.1
– Change: ₹-1.96
– Change Percentage: -2.08%

Equitas Small Finance Bank Ltd. saw a 2.08% decrease, with its stock price reaching ₹92.1. This small-cap private bank might be facing sector-specific challenges or broader market conditions affecting its performance.

Indus Towers Ltd. (INDUSTOWER)

 

– Sector: Telecom
– Industry: Telecommunication – Service Provider
– Market Cap Category: Mid Cap
– LTP: ₹395.65
– Change: ₹-8.4
– Change Percentage: -2.08%

Indus Towers Ltd. experienced a 2.08% drop, closing at ₹395.65. This mid-cap telecom service provider might be dealing with industry-wide challenges or specific company issues.

JK Paper Ltd. (JKPAPER)

 

– Sector: Paper
– Industry: Paper & Paper Products
– Market Cap Category: Small Cap
– LTP: ₹576.15
– Change: ₹-12.2
– Change Percentage: -2.07%

JK Paper Ltd. saw a 2.07% decline, with its stock price falling to ₹576.15. This small-cap company in the paper industry might be affected by market conditions or specific challenges within the paper and paper products sector.

ACC Ltd. (ACC)

 

– Sector: Construction Materials
– Industry: Cement & Construction Materials
– Market Cap Category: Mid Cap
– LTP: ₹2669.5
– Change: ₹-56
– Change Percentage: -2.05%

ACC Ltd. experienced a 2.05% decrease, closing at ₹2669.5. This mid-cap company in the construction materials sector might be influenced by broader market trends or specific challenges within the cement industry.

Cello World Ltd. (CELLO)

 

– Sector: Fast Moving Consumer Goods
– Industry: Household & Personal Products
– Market Cap Category: Small Cap
– LTP: ₹969.4
– Change: ₹-20.2
– Change Percentage: -2.04%

Cello World Ltd. saw a 2.04% drop, with its stock price reaching ₹969.4. This small-cap company in the household and personal products industry might be dealing with sector-specific challenges or broader market conditions.

Motilal Oswal Financial Services Ltd. (MOTILALOFS)

 

– Sector: Finance
– Industry: Finance – Stock Broking
– Market Cap Category: Mid Cap
– LTP: ₹551.7
– Change: ₹-11.5
– Change Percentage: -2.04%

Motilal Oswal Financial Services Ltd. experienced a 2.04% decrease, closing at ₹551.7. This mid-cap company in the stock broking sector might be facing market pressures or specific industry challenges.

PNB Housing Finance Ltd. (PNBHOUSING)

 

– Sector: Finance
– Industry: Finance – Housing
– Market Cap Category: Small Cap
– LTP: ₹792.6
– Change: ₹-16.25
– Change Percentage: -2.01%

PNB Housing Finance Ltd. saw a 2.01% drop, with its stock price falling to ₹792.6. This small-cap housing finance company might be dealing with sector-specific challenges or broader market conditions.

Conclusion

 

Today’s stock market movements highlighted significant declines across various sectors and industries. Companies like HDFC Bank Ltd., Astrazeneca Pharma India Ltd., and Grindwell Norton Ltd. experienced notable drops, reflecting broader market trends and specific challenges within their industries. These top decliners represent a diverse range of sectors, underscoring the dynamic nature of the stock market and the various challenges faced by companies. As the market continues to evolve, the performance of these companies will likely be closely watched by investors.

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