Adani Wilmar, Campus Activewear among 5 Nifty 500 stocks trading at 50% discount from 52-week highs

Several stocks are trading at deep discounts from their 52-week highs. ETMarkets has picked five stocks viz Adani Wilmar, Adani Green energy, Campus Activewear, Piramal Enterprises and Tata Teleservices (Maharashtra) which are trading at a discount of more than 50% from their 52-week highs. The stocks are from the Nifty 500 companies.

By exploring the performance and key details of these stocks potential investors can gain valuable insights to make informed investment decisions.

1) Adani Wilmar Ltd.
Current Price: Rs 406.6
% Distance from 52-week high: 51.7

Adani Wilmar Ltd. is a leading player in the edible oil industry. With its extensive product portfolio and a strong market presence, the company has the potential for growth, making it an attractive option for investors looking for discounted stocks.

2) Adani Green Energy Ltd.
Current Price: Rs 959.6 | % Distance from 52-week high: 62.7

Adani Green Energy Ltd. is a key player in the renewable energy sector. As the focus on clean energy continues to grow, the company's commitment to sustainability and its expanding project pipeline position it well for long-term growth.

3) Campus Activewear Ltd.
Current Price: Rs 315.2 | % Distance from 52-week high: 50.7

Campus Activewear Ltd. is a renowned name in the sportswear and activewear segment. Despite the current discount from its 52-week high, the company's strong brand reputation and its ability to capture consumer trends in the fitness industry make it an intriguing prospect for investors.

4) Piramal Enterprises Ltd.
Current Price: Rs 907.7 | % Distance from 52-week high: 56.4

Piramal Enterprises Ltd. is a diversified conglomerate with interests in healthcare, financial services, and information management. The company's robust business model, coupled with its focus on innovation and strategic acquisitions, positions it for long-term success.

5) Tata Teleservices (Maharashtra) Ltd.
Current Price: Rs 72.1 | % Distance from 52-week high: 51.6

Tata Teleservices (Maharashtra) Ltd. operates in the telecommunications industry, providing a wide range of services. While facing industry challenges, the company's association with the reputable Tata Group and its ability to adapt to changing market dynamics present potential opportunities for investors.

Exploring discounted stocks can be a prudent strategy for investors seeking value and growth potential. Each company offers unique prospects and presents an opportunity for potential investors to capitalize on their potential growth. By conducting further research and analysis, investors can make informed decisions and potentially reap the rewards of investing in these discounted stocks.

(Disclaimer: This is an AI generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)