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Hard lessons to learn from five stocks that crumbled in 2018

Over the last year, while the Nifty was mildly positive, the real correction was in the mid-caps and the large caps

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Illustration by Ajay Mohanty

Amarjeet Maurya | Angel Broking Mumbai
The Nifty may not have been substantially impacted in the last 1 year and may have actually given positive returns. However, the pain has been a lot more pronounced in the mid caps and small caps. Over the last one year, while the Nifty was mildly positive, the real correction was in the mid caps and the large caps. While reasons touted ranged from the tax on LTCG to the mutual fund reclassification to the additional special margins, the actual reason was a return to reality. Here are five stocks that saw a return to reality and the lessons underlying