High value stocks tumble since January 2016

Since the beginning of 2016, shares of high value stocks like Bosch, Page Industries and MRF have taken a beating, following a sharp fall in the domestic stock markets. Currently, Page Industries Ltd is trading at Rs.11,200, down by almost 17%, since the beginning of 2016 when it was trading at Rs.13,487 per share. MRF and Bosch, too, have also fallen by almost 16% and 6.75%, during the same period, and are trading at Rs.34,367 and Rs.17,893, respectively. -

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may fall further