10 stocks plunge up to 53% from their yearly peaks
Rail Vikas moved lower.
· Economic Times Markets, ET Stocks
India’s market correction has pushed several midcap stocks sharply below their 52-week highs. Ten stocks, including Rail Vikas Nigam, PB Fintech and Swiggy, have fallen between 40% and 53%, underperforming broader indices amid heightened volatility and sustained selling pressure.
The analysis
Rail Vikas reported movement of 53% and 40%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -3.4% on the day at ₹179.67, and has returned -19.4% over three months. It sits 54% below its 52-week high, which means a good deal of bad news was already in the price. The infrastructure sector has moved -15.8% over the same period, so Rail Vikas is running 3.6 points behind its peers.
For Rail Vikas, the question is how much of this is already reflected in the price and how much re-rates the infrastructure peer set alongside it.
Market context
- The 3 companies named span 3 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 0 of 3 are higher: PB Fintech leads at -1.8% and Swiggy trails at -4.7%.
- Over three months: Rail Vikas -19.4% against Infrastructure -15.8% (3.6 points behind); PB Fintech -37.2% against Insurance -13.4% (23.8 points behind); Swiggy -40.3% against Hotels & Restaurants -0.9% (39.4 points behind).
- At least 25% below the 52-week high: Rail Vikas (54%), PB Fintech (49%) and Swiggy (58%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Rail VikasRVNL · Infrastructure | ₹179.67 | -3.4% | -10.9% | -19.4% | -53.7% | 1.3× | — |
| PB FintechPOLICYBZR · Insurance | ₹1,000.10 | -1.8% | -6.0% | -37.2% | -48.9% | 0.4× | — |
| SwiggySWIGGY · Hotels & Restaurants | ₹176.60 | -4.7% | -29.4% | -40.3% | -57.7% | 1.5× | — |
Infrastructure
1M -10.5% · 3M -15.8%
Rail Vikas
Insurance
1M -5.4% · 3M -13.4%
PB Fintech
Hotels & Restaurants
1M -3.1% · 3M -0.9%
Swiggy
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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