What are stock market losers?
Stock market losers are shares that have decreased in value over a given period, often due to negative company performance, market trends, or economic factors. These declines can indicate challenges within the companies or sectors they belong to.
Top losers in August 2024
Here’s a table showcasing stock market losers of August 2024:
| COMPANY | PRICE ON Aug 30, 2024 (Rs) | PRICE ON Jul 29 2024 (Rs) | CHANGE (%) | 52-WEEK H/L (Rs) |
| Shree Cement Limited | 25,482.00 | 27,237.90 | -6.45% | 30,737.75 /23700 |
| State Bank of India | 815.6 | 871.6 | -6.42% | 912.00 /543.2 |
| Tata Steel Limited | 152.76 | 162.87 | -6.21% | 184.60 /114.6 |
| UltraTech Cement Limited | 11,301.90 | 11,873.80 | -4.82% | 12,078.00 /8045.05 |
| Grasim Industries Limited | 2,698.85 | 2,828.20 | -4.57% | 2,877.75 /1774.79 |
| Mahindra & Mahindra Limited | 2,805.40 | 2,933.00 | -4.35% | 3,013.50 /1450 |
| Adani Ports and Special Economic Zone Limited | 1,481.90 | 1,548.70 | -4.31% | 1,621.40 /754.5 |
| Maruti Suzuki India Limited | 12,403.00 | 12,751.55 | -2.73% | 13,680.00 /9610 |
| Adani Enterprises Limited | 3,019.35 | 3,089.35 | -2.27% | 3,743.90 /2142 |
| Indian Oil Corporation Limited | 176.97 | 180.39 | -1.90% | 196.80 /85.5 |
| Larsen & Toubro Limited | 3,704.65 | 3,774.95 | -1.86% | 3,919.90 /2678.35 |
| Power Grid Corporation of India Limited | 337.4 | 342.35 | -1.45% | 362.50 /182.66 |
| Tata Motors Limited | 1,111.35 | 1,124.00 | -1.13% | 1,179.00 /599.05 |
| Kotak Mahindra Bank Limited | 1,780.80 | 1,793.90 | -0.73% | 1,926.50 /1543.85 |
| Reliance Industries Limited | 3,019.25 | 3,040.20 | -0.69% | 3,217.60 /2220.3 |
| Oil and Natural Gas Corporation Limited | 330.75 | 332.9 | -0.65% | 345.00 /173.05 |
| Tata Consumer Products Limited | 1,200.15 | 1,201.40 | -0.10% | 1,253.42 /818.87 |
| Eicher Motors Limited | 4,960.50 | 4,962.25 | -0.04% | 5,058.90 /3275 |
Introduction of Top Monthly Losers
Shree Cement Limited
Shree Cement Limited is a leading cement manufacturer in India, known for its efficient production techniques and sustainability initiatives, aiming to expand its footprint across the country. It also focuses on environmental sustainability and innovation in building materials.
State Bank of India
State Bank of India is the largest public sector bank in India, offering a wide range of banking and financial services to individuals, businesses, and institutions nationwide. It also plays a crucial role in India’s financial inclusion initiatives.
Tata Steel Limited
Tata Steel Limited is one of the world’s most geographically diversified steel producers, known for its high-quality products and commitment to sustainable steelmaking practices. The company also invests heavily in global research and development to innovate and improve its steel production processes.
UltraTech Cement Limited
UltraTech Cement Limited is the largest manufacturer of grey cement, ready mix concrete, and white cement in India, with a strong presence in global markets. The company is part of the Aditya Birla Group, a multinational conglomerate known for its diverse business interests.
Grasim Industries Limited
Grasim Industries Limited operates in sectors like textiles, chemicals, and cement, focusing on innovation and sustainability to drive growth in domestic and international markets. Grasim is also involved in viscose staple fiber production, a key material for the textile industry.
Mahindra & Mahindra Limited
Mahindra & Mahindra Limited is a key player in the automotive industry in India, manufacturing a wide range of vehicles, including SUVs, trucks, and tractors, and focusing on mobility solutions and innovation. The company is also expanding its focus on electric vehicle technology to stay ahead in the automotive industry.
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone Limited is India’s largest private port operator and logistics company, handling vast amounts of cargo and integrating logistics operations. The company plays a pivotal role in enhancing India’s port infrastructure and boosting international trade.
Maruti Suzuki India Limited
Maruti Suzuki India Limited is the leading automaker in India, known for its affordable and fuel-efficient cars, dominating the passenger vehicle market. The company continually innovates to maintain its market leadership and meet evolving consumer demands.
Adani Enterprises Limited
Adani Enterprises Limited is a conglomerate with diverse business interests including energy, resources, logistics, agribusiness, real estate, financial services, and defense. It is known for its aggressive growth strategies and significant contributions to India’s infrastructure development.
Indian Oil Corporation Limited
Indian Oil Corporation Limited is India’s largest oil company, primarily engaged in refining, transportation, and marketing of petroleum products and exploration of oil and gas. It plays a strategic role in ensuring energy security for the country.
Larsen & Toubro Limited
Larsen & Toubro Limited is a major technology, engineering, construction, manufacturing, and financial services conglomerate, with global operations and a strong reputation for delivering high-quality projects. L&T is known for its commitment to innovation and excellence in project execution.
Power Grid Corporation of India Limited
Power Grid Corporation of India Limited is the principal electric power transmission company in India, playing a critical role in the national energy sector by maintaining a vast transmission network. It is instrumental in implementing government plans for a national smart grid.
Tata Motors Limited
Tata Motors Limited is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks, and defense vehicles, noted for its innovative design and sustainability efforts. The company is also pioneering the development and production of electric vehicles in India.
Kotak Mahindra Bank Limited
Kotak Mahindra Bank Limited is a leading private sector bank in India, offering a wide array of banking services and financial products to corporate and retail customers. It is also noted for its innovative customer service solutions and digital banking platforms.
Reliance Industries Limited
Reliance Industries Limited is a conglomerate holding leadership positions in retail, telecommunications, petrochemicals, and energy sectors, known for its innovation and strategic business practices. Reliance continues to drive substantial digital and retail expansions, significantly impacting various sectors of the economy.
Oil and Natural Gas Corporation Limited
Oil and Natural Gas Corporation Limited is India’s largest oil and gas exploration and production company, playing a pivotal role in the country’s energy supply. ONGC is also involved in international projects, enhancing its global footprint in the energy sector.
Tata Consumer Products Limited
Tata Consumer Products Limited brings together the principal food and beverage interests of the Tata Group under one umbrella, focusing on nutrition and taste. The company is rapidly expanding its global presence through strategic acquisitions and organic growth.
Eicher Motors Limited
Eicher Motors Limited is renowned for its commercial vehicles and iconic Royal Enfield motorcycles, representing the rich heritage and spirit of entrepreneurship in India. Eicher is committed to innovation and has recently expanded into electric mobility solutions.
Top losers in August 2024 – FAQs
Gainers and losers in the stock market refer to stocks that have increased or decreased in value, respectively, over a specified period. Gainers benefit from positive investor sentiment, while losers suffer from negative market reactions.
Yes, a stock can fall to zero if the company goes bankrupt, ceases operations, or has its assets liquidated. This scenario represents a total loss for shareholders, as their equity in the company becomes worthless.
Top losers in the NSE are determined based on the largest percentage drop in share price over a specific period. This list is updated regularly to reflect current market conditions and highlights stocks that have underperformed relative to their previous closing prices.
Investing in top losers can be risky, as these stocks often face fundamental or operational challenges. However, for speculative investors or those looking for a turnaround story, buying top losers at low prices might offer significant upside if the company recovers.
