Mid‑cap stocks tumble up to 59% as Nifty Midcap 150 hovers near peak

Ten Nifty Midcap 150 stocks have slumped between 37% and 59% from their 52‑week highs even as the broader index stays close to its peak. The Nifty Midcap 150 index itself sits about 4% below its 52‑week high of 23,647, while the Nifty 50 lags about 11% below its 52‑week high of 26,373. ACE Equity data shows nearly 28 mid‑cap constituents have fallen more than 30% from their year‑highs. Among the worst performers, one stock dropped 59% to Rs 527 from a high of Rs 1,285 recorded on 4 Dec 2025. Another fell 47% to Rs 212 versus Rs 401 on 29 Dec 2025. A third slid 46% to Rs 3,212 from Rs 5,950 on 8 Jan 2026. Two stocks each lost 43%, reaching Rs 2,003 from Rs 3,540 on 29 Sep 2025 and Rs 674 from Rs 1,185 on 3 Oct 2025 respectively. A fourth declined 40% to Rs 279 from Rs 461 on 24 Sep 2025. Two more slipped 38%, trading at Rs 500 from Rs 808 on 4 Dec 2025 and at Rs 2,386 from Rs 3,833 on 10 Nov 2025. The last two fell 37%, reaching Rs 1,251 from Rs 1,987 on 24 Nov 2025 and Rs 464 from Rs 736 on 29 Oct 2025. The list includes companies such as KPIT Technologies, RVNL, Tata Elxsi and Swiggy, all part of the ten stocks highlighted by ACE Equity.