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Top Losers of the Week: Stock Plummets 12.47% – See Other October’s Weekly Losers!

This week's top losers for October 2024 illustrate significant market volatility, showcasing substantial drops across various sectors. This emphasizes particular challenges that have impacted stock prices and overall weekly market trends.
Top Losers of the Week: Stock Plummets 12.47% – See Other October's Weekly Losers!

What Are Top Losers? 

Top losers are stocks that have recorded the highest percentage decrease in price within a defined timeframe. These stocks have underperformed compared to their counterparts, marking notable declines in their market value.

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List Of Top Weekly Losers

Here are the top weekly losers over the last week from the NIFTY index: 

COMPANYPRICE ON Oct 4, 2024 (Rs)PRICE ON Sep 26 2024 (Rs)CHANGE (%)52-WEEK H/L (Rs)
Adani Green Energy Limited1,801.202,057.85-12.47%2,174.10 /815.55
Avenue Supermarts Limited4,737.555,198.05-8.86%5,484.85 /3620
Cholamandalam Investment and Finance Company Limited1,497.401,641.75-8.79%1,652.00 /1011.2
Hero MotoCorp Limited5,520.856,051.45-8.77%6,246.25 /2923.95
DLF Limited844.85924-8.57%967.60 /513.5
Dabur India Limited572.45625.75-8.52%672.00 /489.2
Axis Bank Limited1,178.401,277.10-7.73%1,339.65 /951.4
Varun Beverages Limited578.9626.85-7.65%681.12 /331.26
Reliance Industries Limited2,773.052,995.90-7.44%3,217.60 /2220.3
Bharti Airtel Limited1,640.901,771.10-7.35%1,779.00 /895.45

Introduction Of Nifty Top Losers Of The Week

Adani Green Energy Limited  

Adani Green Energy Limited is a leading renewable energy company in India, specializing in solar and wind power generation. It focuses on developing, constructing, and operating renewable energy projects, with an extensive portfolio of clean energy solutions to support India’s growing energy needs and sustainability goals.

Avenue Supermarts Limited  

Avenue Supermarts Limited, popularly known as DMart, is a chain of hypermarkets and supermarkets across India. The company focuses on providing a wide range of quality products at competitive prices, catering to middle-class consumers and offering groceries, apparel, household products, and other everyday essentials.

Cholamandalam Investment and Finance Company Limited  

Cholamandalam Investment and Finance Company Limited, part of the Murugappa Group, provides financial services across India. The company offers vehicle finance, home loans, small and medium enterprise (SME) loans, and asset management services, focusing on rural and semi-urban regions to support growth and entrepreneurship.

Hero MotoCorp Limited  

Hero MotoCorp Limited is the world’s largest manufacturer of motorcycles and scooters. Known for popular models like Splendor and Passion, the company focuses on providing reliable and fuel-efficient two-wheelers to meet the diverse needs of Indian and global customers while continually expanding its international presence.

DLF Limited  

DLF Limited is one of India’s largest real estate companies, specializing in the development of residential, commercial, and retail properties. With a legacy spanning decades, DLF has developed numerous high-profile properties across India and aims to create sustainable, well-planned urban spaces for modern living.

Dabur India Limited  

Dabur India Limited is a leading consumer goods company specializing in Ayurvedic and natural products. It offers a wide range of products in health, personal care, and food categories. Dabur’s trusted brand heritage is built on over a century of expertise in herbal and Ayurvedic formulations.

Axis Bank Limited  

Axis Bank Limited is one of India’s largest private-sector banks, offering a wide array of financial services including personal banking, corporate loans, wealth management, and insurance. The bank is well-known for its strong focus on customer service, innovation, and digital banking solutions to meet modern financial needs.

Varun Beverages Limited  

Varun Beverages Limited is one of PepsiCo’s largest franchisees outside the United States, engaged in the production, bottling, and distribution of beverages. The company markets a variety of popular carbonated and non-carbonated drinks, such as Pepsi, 7UP, Mountain Dew, and Tropicana, across multiple countries.

Reliance Industries Limited  

Reliance Industries Limited is India’s largest conglomerate, operating in sectors such as petrochemicals, refining, oil, telecommunications, and retail. Under the leadership of Mukesh Ambani, the company has diversified its operations significantly, contributing to India’s economy through innovative technology, consumer services, and renewable energy initiatives.

Bharti Airtel Limited  

Bharti Airtel Limited is one of India’s leading telecommunications service providers, with operations in several countries across Asia and Africa. Airtel offers mobile, broadband, and digital TV services, providing comprehensive connectivity and entertainment solutions, and is known for its consistent focus on innovation and customer experience.

Top Losers Weekly October 2024 – FAQs

1. How Are The Top Losers Determined?

Top losers in the stock market are determined by assessing the percentage decline in a stock’s price over a trading session. Stocks showing the highest percentage drop from their previous closing price are categorized as top losers.

2. Is It Good To Invest In Top Losers?

Investing in top losers involves risks, as these stocks have experienced significant price declines. However, if the decline is considered temporary and the company’s fundamentals remain strong, it could present an opportunity for long-term investment gains.

3.How To Invest In Top Losers This Week? 

To invest in this week’s top losers, use a brokerage platform to research and execute trades. Evaluate the performance and fundamentals of the stocks, ensuring you understand the factors behind their price decline. Utilize the platform’s tools to make informed investment decisions.

4. Can I Invest In Top Losers This Week? 

Yes, you can invest in this week’s top losers, but caution is advised. Assess whether the stock’s price drop is due to temporary issues or more severe problems. Use a brokerage platform to analyze thoroughly and ensure the investment aligns with your overall financial strategy.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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