5 biggest losers in 2025 so far. Do you own any

January,  has been rather disappointing for Indian stock markets with share prices seeing a downward trend. While both the benchmark Nifty and Sensex are down nearly 3% each YTD, the BSE 500 Index- a broader representation of the market comprising the top 500 BSE companies, indicates the cut is much deeper. The BSE 500 Index is down 5.17% YTD. Here is the list of the 5 biggest losers in 2025 on the BSE 500 so far this year-

5 biggest losers in 2025 on BSE 500

1. Kalyan Jewellers: The share price of this Jewellery retailer has hit rough water recently. The Kalyan Jewellers share is down 40.90% YTD. In fact, over the past two weeks, the share price of Kalyan Jewellers has corrected nearly 27% and fell over 8% last week on rumours that Motilal Oswal AMC were allegedly offered bribes to increase their investments in the company. However, a statement from Motilal on January 19 clarifying the claims “baseless, malicious, and defamatory,” offered slight relief. If we track the performance of this BSE 500 stock over the last 2 years, it has yielded gains of nearly 285% outperforming Sensex, which gained about 25% in the same time.

2. Newgen Software Tech: This stock has been under significant selling pressure over the past 5 trading sessions. This is after Jefferies downgraded the share price to Underperform from Buy on January 21 on disappointing Q3 numbers. Slower growth in annuity revenue and India operations were the top concerns. The share price fell a massive 18% intra-day on January 21. Even if we check the 5-day share performance, it is down 26.44%. YTD, the Newgen Software share price has corrected over 31% compared to a 5% correction in the BSE 500 Index in the same period. 

3. Cyient: The share price of this BSE 500 company plunged 20% on January 24 primarily on the back of a sharp cut in revenue guidance and the exit of its CEO,  Karthikeyan Nataraj resigned on January 23. YTD, the share is down, 24.94%. The brokerage firm, Motilal Oswal Financial Services has downgraded the stock to a ‘Sell’ on expectation of weak fourth quarter numbers and potentially lower revenue growth for FY26. 

4. Techno Electric & Engineering Company: The share price of Techno Electric & Engineering Company is down 34.92% YTD. The stock has been under significant selling pressure in the past 4-5 sessions, clocking nearly 13% drop in the period. This BSE 500 company is currently trading below its 100-day, and 200-day averages and this indicates a sustained downtrend in the stock price. 

5. Sobha: The share price of this realty stock on the BSE 500 has experienced significant weakness. YTD it is down nearly 29%. In fact, if you study the 1-year price movement too, the charts are quite discouraging and the investors are sitting on a double-digit 18% share drop in that period. All eyes are on the company’s future revenue projection for any meaningful upmove. 

BSE 500- January a seasonally weak period

The BSE 500 Index has yielded negative returns in January in 14 out of 26 years. The sectors under pressure include real estate and tech and some of the other key losers on the BSE 500 Index are Prestige Estate, KEC International, Network18, KFin Tech and Sterling and Wilson Renewable Energy. All eyes are on the Budget later this week for the next big trigger, in terms of stock-specific announcements and key Policy changes. 

Top 10 Losers (BSE 500) – YTD Returns (Jan 1-24, 2024)