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Top Losers This Week – August Weekly Losers 2024

Top losers of August 2024 highlighted significant market fluctuations, reflecting unique challenges and notable declines across various industry sectors.
Top Losers This Week - August Weekly Losers 2024

What Are Top Losers?

Top losers are stocks that have experienced the most significant price decline over a specified period. This involves analyzing the range of losses in stock prices and identifying those stocks that have suffered the greatest declines.

List Of Top Weekly Losers

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

COMPANYPRICE ON Aug 23, 2024 (Rs)PRICE ON Aug 14 2024 (Rs)CHANGE (%)52-WEEK H/L (Rs)
ONGC – Oil and Natural Gas Corporation Limited321.1328.15-2.15%345.00 /172.8
Avenue Supermarts Limited4,921.854,960.30-0.78%5,219.00 /3530.05
SRF Limited2,490.652,491.75-0.04%2,693.95 /2082.25

Introduction Of Nifty Top Losers Of The Week

ONGC – Oil and Natural Gas Corporation Limited IPO

ONGC is India’s largest crude oil and natural gas company, contributing around 75% of the country’s domestic production. Headquartered in Dehradun, it is state-owned and plays a critical role in energy security. ONGC is also involved in international projects and has subsidiaries in several countries.

Avenue Supermarts Limited IPO

Avenue Supermarts operates the highly popular retail chain, DMart, which is renowned for offering a wide range of products at competitive prices. Established in Mumbai, it has rapidly expanded across India. The company is known for its efficient supply chain and low-cost operations, making it a leader in the retail sector.

SRF Limited IPO

SRF Limited is a chemical conglomerate specializing in chemicals, textiles, and technical textiles. Based in Gurgaon, India, it has grown significantly since its inception, catering to both domestic and international markets. SRF is recognized for its innovation in environmental solutions and its commitment to sustainability.

Top Losers Weekly August 2024 – FAQs

1. How Are The Top Losers Determined?

Top losers are determined based on the stocks that experience the most significant price decline over a specified period. This involves analyzing the prices of those stocks and identifying those with the highest percentage drop as the top losers.

2. Is It Good To Invest In Top Losers?

Investing in top losers can be very risky. These stocks indicate a decline in price, which can lead to losses for investors. Therefore, carefully analyze and seek financial advice before investing in such stocks.

3. How To Invest In Top Losers This Week?

Before investing in This Week’s top losers, track key stocks using financial news and brokerage platforms. Analyze past performance and trading events of the stocks. Understand the risks and seek financial advice. Ensure your investment aligns with your strategy and goals, considering your investment timeframe and available capital.

4. Can I Invest In Top Losers This Week?

Before investing in top losers, be aware that it can be highly risky. Thoroughly analyze the stocks and seek financial advice first. Ensure that this investment aligns with your strategy and matches your risk tolerance.

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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