108 stocks from BSE500 index tank over 50% in a month; IndusInd plunges 71%

The ongoing carnage in the Indian equity markets has seen the share price of more than one out of every five stocks in the S&PBSE 500 index more than halve in the past month. A total of 108 stocks from the index tanked between 50 per cent to 73 per cent on the BSE. In comparison, the S&P BSE 500 and the benchmark S&P BSE Sensex fell 36 per cent in the same period.

Among sectors, banks, metal, realty, auto, and capital goods have underperformed the market by falling in the range of 39 per cent to 44 per cent.

Equity markets witnessed yet another round of across-the-board sell-off on Monday as India, along with many other countries, went into a lockdown to stem the spread of Coronavirus (Covid-19) pandemic.

Indiabulls Housing Finance and IndusInd Bank have plunged 73 per cent and 71 per cent, respectively, in the last month.  Shriram Transport Finance, Equitas Holdings, Ujjivan Financial Services, Mahindra & Mahindra Financial Services, L&T Financial Holdings from the financial sector were down in the range of 60 per cent and 65 per cent on the BSE.

With COVID-19 related risks rising in India and major cities approaching the brink of shutdown, loans in retail and small and medium enterprises (SME) sector are increasingly looking at risk.

Adopting a cautious approach amid the worldwide outbreak, foreign portfolio investors (FPIs) have already pulled out a net Rs 62,612 crore from the Indian capital markets in the past one month, exchange data show.

Analysts at JP Morgan believe the current conditions call for a potential "force majeure" and the regulators will likely need to allow for a "moratorium" on retail and micro, small & medium enterprises (MSME) loans.

Apart from this, a sharp reduction in rates will also be welcome as we believe the system’s capability to transmit it at this point is much better vs. last year thanks to excess liquidity and lower non-performing lending (NPLs), the brokerage firm said in financials update.

COMPANY	LATEST	ONE-MONTH BEFORE	LOSS(%)
INDIABULLS HOUS.	95.60	338.30	-71.7
INDUSIND BANK	342.70	1181.75	-71.0
FUTURE RETAIL	106.90	342.45	-68.8
WELSPUN CORP	68.45	203.90	-66.4
INTELLECT DESIGN	48.65	142.30	-65.8
EQUITAS HOLDINGS	39.85	114.05	-65.1
SHRIRAM TRANS.	481.40	1342.05	-64.1
SPICEJET	33.50	92.95	-64.0
UJJIVAN FIN.SER.	141.50	385.40	-63.3
I T D C	110.45	297.15	-62.8
MAGMA FINCORP	19.00	49.85	-61.9
DELTA CORP	59.75	156.55	-61.8
M & M FIN. SERV.	150.10	381.50	-60.7
TAKE SOLUTIONS	39.10	99.20	-60.6
L&T FIN.HOLDINGS	48.80	123.10	-60.4
QUESS CORP	222.50	544.85	-59.2
EDELWEISS.FIN.	36.75	89.85	-59.1
GAYATRI PROJECTS	10.35	25.30	-59.1
I D F C	14.55	35.55	-59.1
VARROC ENGINEER	165.05	402.75	-59.0
PRESTIGE ESTATES	150.25	365.45	-58.9
PIRAMAL ENTERP.	660.00	1599.45	-58.7
PNB HOUSING	172.90	416.95	-58.5
VA TECH WABAG	91.85	217.20	-57.7
RAYMOND	247.35	583.85	-57.6
VENKY'S (INDIA)	626.20	1476.75	-57.6
ARVIND FASHIONS.	146.50	343.09	-57.3
GENERAL INSURANC	90.20	210.40	-57.1
RELIANCE INFRA.	10.00	23.25	-57.0
ASHOK LEYLAND	36.40	84.25	-56.8
IIFL FINANCE	81.20	187.95	-56.8
LEMON TREE HOTEL	26.95	62.10	-56.6
GRAPHITE INDIA	116.70	267.65	-56.4
SADBHAV ENGG.	36.15	82.35	-56.1
CENTRUM CAPITAL	8.55	19.45	-56.0
TATA MOTORS	69.70	158.45	-56.0
DISH TV	4.89	11.11	-56.0
CHOLAMAN.INV.&FN	146.10	331.95	-56.0
ADANI POWER	25.50	57.65	-55.8
FUTURE LIFESTYLE	168.35	380.55	-55.8
ICICI SEC	226.20	511.05	-55.7
KEI INDS.	231.55	522.40	-55.7
REPCO HOME FIN	137.45	308.65	-55.5
G S F C	31.05	69.70	-55.5
SOMANY CERAMICS	89.55	200.30	-55.3
WELSPUN INDIA	20.30	45.35	-55.2
TATA MOTORS-DVR	29.35	64.85	-54.7
WOCKHARDT	161.95	357.50	-54.7
BEML LTD	397.35	875.45	-54.6
SOBHA	153.90	338.35	-54.5
IDFC FIRST BANK	18.35	40.30	-54.5
EIH	65.85	144.35	-54.4
AXIS BANK	339.85	743.95	-54.3
VEDANTA	65.00	142.30	-54.3
MAHINDRA CIE	70.85	154.85	-54.3
FUTURE CONSUMER	9.49	20.70	-54.2
ADITYA BIRLA CAP	41.40	90.10	-54.1
HIMATSING. SEIDE	49.60	107.40	-53.8
MOTHERSON SUMI	56.75	122.90	-53.8
JUBILANT LIFE	252.60	546.55	-53.8
HERITAGE FOODS	170.00	367.75	-53.8
UPL	270.45	584.15	-53.7
V I P INDS.	209.00	450.70	-53.6
AVANTI FEEDS	259.15	558.60	-53.6
PHILLIPS CARBON	60.15	129.60	-53.6
SUNTECK REALTY	182.25	390.05	-53.3
GHCL	81.00	172.50	-53.0
DALMIA BHARA.	409.10	868.65	-52.9
CREDITACC. GRAM.	467.80	992.65	-52.9
JAI CORP	47.75	101.15	-52.8
IFB INDS.	243.85	516.45	-52.8
HINDALCO INDS.	89.75	189.85	-52.7
BANDHAN BANK	196.60	415.80	-52.7
MAS FINANC SER	515.90	1089.50	-52.7
ASHOKA BUILDCON	47.05	99.35	-52.6
MANAPPURAM FIN.	83.50	176.15	-52.6
BOMBAY DYEING	38.70	81.65	-52.6
NCC	19.80	41.75	-52.6
MAH. SCOOTERS	2240.00	4711.25	-52.5
GIC HOUSING FIN	56.00	117.60	-52.4
RBL BANK	147.15	308.85	-52.4
CANARA BANK	82.60	172.75	-52.2
NCC	20.00	41.75	-52.1
ADANI ENTERP.	123.45	257.50	-52.1
ADANI GAS	89.10	185.50	-52.0
TIME TECHNOPLAST	25.00	52.05	-52.0
INDBULL.REALEST.	42.85	89.10	-51.9
KPIT TECHNOLOGI.	42.00	87.30	-51.9
BALRAMPUR CHINI	79.20	164.55	-51.9
HEG	481.45	998.75	-51.8
BAJAJ FINSERV	4703.60	9709.50	-51.6
PRISM JOHNSON	31.00	63.95	-51.5
JINDAL STEEL	93.95	193.35	-51.4
SONATA SOFTWARE	164.50	338.45	-51.4
RAIN INDUSTRIES	49.85	102.45	-51.3
BAJAJ FIN.	2375.20	4880.70	-51.3
FEDERAL BANK	42.80	87.55	-51.1
TV18 BROADCAST	13.20	26.90	-50.9
SONA KOYO STEER.	38.70	78.60	-50.8
GE T&D INDIA	68.45	138.95	-50.7
BAJAJ FINSERV	4789.30	9709.50	-50.7
JINDAL STAIN. HI	35.55	72.05	-50.7
PC JEWELLER	8.70	17.60	-50.6
PARAG MILK FOODS	51.40	103.80	-50.5
INFIBEAM AVENUES	29.15	58.75	-50.4
AMARA RAJA BATT.	382.80	769.90	-50.3
AU SMALL FINANCE	585.00	1173.45	-50.2
APOLLO TYRES	78.85	158.15	-50.1