Even as 70% of the stocks in the BSE Sensex, BSE Midcap, and BSE Smallcap indices have delivered positive returns during the current calendar year, a significant number
approximately 325
are grappling to remain above water.
The article from Business Today discusses the performance of several stocks that have significantly declined in value in 2024, labeling them as "wealth destroyers." These stocks, including names like Paytm, Zomato, and Nykaa, have seen drops of over 50% due to various factors such as regulatory changes, market competition, and internal company issues. Analysts provide insights into what might be expected in 2025 for these companies. For instance, Paytm is expected to focus on cost-cutting and improving its lending business, while Zomato might benefit from a recovery in consumer spending and better profitability in its food delivery segment. Nykaa, despite its challenges, could see a turnaround with strategic adjustments in its business model. The article suggests that while these stocks have been significant losers in 2024, there are potential recovery paths and strategic shifts that could alter their fortunes in the coming year.