Midcap stocks are set to end the year 2015 with gains of over 6 per cent. The Nifty Midcap 100 index gained exactly 6.21 per cent till December 30 this year. The index jumped from 13,365.60 on December 31 last year to 12,583.85 on December 30 this year. Midcap stocks have also outperformed benchmark indices and smallcap stocks this year. However, there are 14 midcap stocks in the Nifty Midcap 100 index that plunged over 30 per cent in 2015. Here we take a look at top 10 midcap losers in Nifty Midcap 100 index from Bank of India to DCB Bank.
1) Bank of India: The share price of Bank of India plunged over 60 per cent in 2015. The scrip plunged from Rs 301.80 on December 31 last year to Rs 115.35 on December 30 this year. (Source: website)
2) Jaiprakash Associates: The share price of the company slid 53.78 per cent to Rs 11.60 on December 30. Shares of the company were at Rs 25.10 on December 31 last year. (Source: website)
3) Canara Bank: Shares of Canara Bank slid 47.20 per cent this year. (PTI photo)
4) Steel Authority of India (SAIL): Shares of SAIL fell 42 per cent in 2015. The scrip slid to Rs 47.55 on December 30 this year from Rs 82.55 on December 31 last year. (PTI photo)
5) NMDC: Shares of the company plunged 37.79 per cent on a year to date basis till December 30. (Source: website)
6) Union Bank of India: Share price of the bank fell 37.55 per cent in 2015."There is no loss caused to the bank," said the bank in a press release, adding that it had informed the authorities and it was taking steps to plug any gaps and strengthen its security systems. (PTI photo)
7) Jindal Steel and Power (JSPL): Share of the company fell 37.54 per cent in the calendar year 2015. (Source: website)
8) Just Dial: The scrip fell 36.17 per cent in 2015 till December 30. The share price of the company declined to Rs 863.75 on December 30 from Rs 1353.20 on December 31 last year. (Source: website)
9) Power Finance Corporation (PFC): The share price of PFC tanked 32.50 per cent in the last 12 months. (Source: website)
10) DCB Bank: Shares of DCB Bank fell 32.16 per cent to Rs 82.05 on December 30, 2015. The scrip was at Rs 120.95 on December 31 last year. (Source: website)