These 25 stocks fell over 15% in last 8 trading sessions

The markets have entered a correction mode with the BSE Sensex falling over 1,000 points from its closing high of 32,575, hit on August 1. On Thursday, the index closed on its lowest levels in three weeks as geopolitical tensions and a regulatory crackdown on suspected shell companies unnerved investors.

The broader markets also followed the trend; the S&P BSE Smallcap index saw a decline of over 5% in the same period and the S&P BSE Midcap index slipped over 4%.

Over 300 stocks from BSE500 underperformed the frontline indices, falling in the range of 3-34% during this period.  Stocks that saw a decline of over 20% includes HDIL, JBF Industries, Natco Pharma, Granules India, Kaveri Seed Company and Jindal Steel & Power. Only 57 companies were in positive for the given period.

HDIL was the biggest laggard, falling over 30% since August 1. The real estate developer recently said that the National Company Law Tribunal (NCLT) has admitted Union Bank of India’s plea against its wholly-owned subsidiary Guruashish Constructions under the Insolvency and Bankruptcy Code. CLICK HERE FOR A RELATED STORY

This is a list of 25 stocks that fell over 15% in the given period:

	Stock Price (Rs)
Company	01-Aug-2017	10-Aug-2017	Change (%)
HDIL	85.35	56.10	-34.27
JBF Industries	213.10	152.70	-28.34
Natco Pharma	967.00	696.65	-27.96
Granules India	137.80	107.30	-22.13
Kaveri Seed Company	682.20	531.50	-22.09
Jindal Steel & Power	154.75	123.20	-20.39
Godfrey Phillips India	1124.85	902.40	-19.78
Dr. Reddys Laboratories	2426.75	1948.95	-19.69
Suzlon Energy	18.90	15.40	-18.52
Jaiprakash Associates	28.45	23.35	-17.93
Reliance Communications	25.80	21.20	-17.83
Videocon Industries	23.65	19.45	-17.76
Reliance Defence and Engineering	61.95	51.10	-17.51
Hindustan Construction Company	40.80	33.70	-17.40
Adani Enterprises	140.00	116.30	-16.93
Shilpa Medicare	662.30	551.30	-16.76
Escorts	701.60	586.90	-16.35
Himatsingka Seide	350.15	293.95	-16.05
Bombay Dyeing & Manufacturing Company	82.95	69.65	-16.03
KPIT Technologies	129.15	108.85	-15.72
Repco Home Finance	759.05	640.30	-15.64
Nilkamal	1871.80	1580.00	-15.59
IL&FS Transportation Networks	90.35	76.30	-15.55
Jindal Saw	105.30	89.40	-15.10
DLF	193.50	164.35	-15.06
Source: Ace Equity