Indian equities have been navigating a challenging phase, with volatility becoming a constant companion for investors. The benchmark BSE Sensex remains nearly 10% below its 52-week peak, reflecting the broader pressure across the market. The broader market trend is even more striking, with around 40 largecap stocks declining more than 20% from their 52-week highs, and several quality names witnessing significantly sharper corrections.

Deep correction

Against this backdrop, we tracked 15 large-cap companies that are currently trading 30–50% below their respective 52-week highs, highlighting stocks that have experienced the steepest declines despite their size, fundamentals and market presence. (Data source: ACE Equity)

Swiggy

The stock has declined 46% to Rs 256 from its 52-week high of Rs 473, which it touched on September 19, 2025.

Lodha Developers

The stock has fallen 39% to Rs 923 from its 52-week high of Rs 1,510, achieved on June 24, 2025.

SBI Cards and Payment Services

The stock has corrected 38% to Rs 625 from its 52-week high of Rs 1,015, hit on June 27, 2025.

L&T

The stock has declined 38% to Rs 3,995 from its 52-week high of Rs 6,430, touched on January 19, 2026.

Tata Consultancy Services

The stock has fallen 37% to Rs 2,204 from its 52-week high of Rs 3,490, recorded on July 2, 2025.

Infosys

The stock has declined 35% to Rs 1,127 from its 52-week high of Rs 1,728, which it touched on February 3, 2026.

Info Edge

The stock has corrected 34% to Rs 1,007 from its 52-week high of Rs 1,537, reached on June 27, 2025.

HCL Technologies

The stock has fallen 34% to Rs 1,162 from its 52-week high of Rs 1,770, touched on February 3, 2026.

Wipro

The stock has declined 33% to Rs 183 from its 52-week high of Rs 273, recorded on December 22, 2025.

Meesho

The stock has corrected 33% to Rs 171 from its 52-week high of Rs 255, achieved on December 18, 2025.

ITC

The stock has fallen 32% to Rs 291 from its 52-week high of Rs 427, touched on October 31, 2025.

Hyundai Motor India

The stock has declined 32% to Rs 1,977 from its 52-week high of Rs 2,890, recorded on September 22, 2025.

Ambuja Cements

The stock has corrected 31% to Rs 430 from its 52-week high of Rs 625, reached on July 22, 2025.

Bajaj Housing Finance

The stock has fallen 31% to Rs 86 from its 52-week high of Rs 124, touched on July 17, 2025.

Indian Railway Finance Corporation

The stock has declined 30% to Rs 100 from its 52-week high of Rs 143, recorded on July 1, 2025.