The stock market often delivers surprises—sometimes in the form of breathtaking rallies, and other times with sharp corrections that even big, well-established companies cannot escape. Despite being industry leaders and investor favorites, several heavyweight names have faced significant declines from their 52-week highs.
Here’s a look at 15 such stocks that have seen a major fall:
Top Decliners from Their 52-Week Highs
- IndusInd Bank: Down 52%, the sharpest fall in this list, showing how banking counters are not immune to volatility.
- RK Forge: A decline of 51%, reflecting weakness in the auto and forging sector.
- Natco Pharma: Slipped 46%, as pharma stocks continue to struggle with global and domestic headwinds.
- Trent: Retail giant down 44%, despite strong consumption trends.
- Godrej Properties: Dropped 42%, highlighting cooling sentiment in real estate counters.
- ABB: Another heavyweight, down 42%, despite strong long-term growth drivers in automation and power.
- IREDA: The renewable energy player has corrected 40%, after a sharp run-up post-listing.
- TCS: India’s largest IT firm is down 35%, weighed by weak global tech demand.
- Tata Elxsi: Lost 35%, as the IT and design services sector sees pressure on margins.
- Tube Investments: Down 35%, as the market reassesses valuations in industrials.
- Tata Motors: Corrected 33%, despite continued demand for EVs and strong JLR sales.
- Astral: Declined 33%, showing pressure in the pipes and adhesives segment.
- BSE: India’s oldest stock exchange has fallen 32%, after a stellar rally earlier.
- Bajaj Auto: Down 32%, reflecting weakness in two-wheeler demand.
- Asian Paints: A household name, down 30%, indicating cost pressures and margin challenges.
What This Means for Investors
These declines signal that even blue-chip and well-known companies are not insulated from corrections. High valuations, global uncertainties, sectoral headwinds, and profit-booking have played a role in dragging down these stocks.
For long-term investors, such corrections can be both a warning and an opportunity. A warning because overvalued stocks can correct sharply, and an opportunity because quality businesses often bounce back when fundamentals remain strong.
Bottom Line
The market’s message is clear: no stock is too big to fall. Investors should track fundamentals, sector trends, and valuations before investing, rather than just following past momentum.





