Real estate developer DLF Ltd, with an 83% decline, is the only Sensex stock to have been battered this hard. The list also includes beleaguered air carrier Kingfisher Airlines Ltd and mobile phone services firm Reliance Communications Ltd (R-Com), both of which are currently trading at less than one-tenth of their peak prices on BSE.
Why have they plunged and do they represent investment opportunities? Mint’s Bhuma Shrivastava tells us. More than 30 stocks have been falling relentlessly since the beginning of 2008.