Up to 50% off! Big loss for retail investors on 2021 ‘confection’ idea

New Delhi: There are at least 22 BSE 500 companies where retail investors have increased their stake by more than 500 basis points in the three quarters till September 30. Till date, 15 of them have given negative year-on-year returns, falling to 51 per cent, while two others underperformed the BSE Sensex’s 22 per cent returns during the period.

Shares of Ujjivan Small Finance Bank have declined 51.14 per cent year-on-year so far. Retail investors increased their stake in the small finance bank by 581 basis points in the first three quarters of calendar 2021. The retail stake in the bank stood at 10.18 per cent in the September quarter, up from 6.71 per cent in the June quarter, up from 5.77 per cent. in the March quarter and 4.37 per cent in the December quarter.

Retail holding in Bliss GVS Pharma rose 725 basis points to 18.06 per cent, from 10.81 per cent in the December quarter. Quarterly buying was seen here too, but the stock has lost half its market value.

Strides Pharma Science was another retail favorite of 2021 that decimated investors’ wealth. The stock fell 42 per cent year-on-year, with retail holdings rising 523 basis points to 14.88 per cent during this period.

IOL Chemicals & Pharmaceuticals, Hathway Cable & Datacom, Future Retail and Amara Raja Batteries were the four stocks that fell 30-40 per cent year-on-year. According to data compiled by database AceEquity, retail holdings in these stocks have risen 524-911 basis points in the three quarters to September 30.

Wockhardt, RBL Bank, SpiceJet and Burger King India have declined 10-20 per cent year-on-year. Retail holdings in these stocks were up 6.3-7.8 per cent. Exide Industries, Engineers India, Indiabulls Housing Finance and Infibeam Avenues fell up to 10 per cent.

Himadri Specialty Chemicals, the top BSE500 pick of retail investors in 2021, has given 7 per cent return. The retail stake in this stock increased by 13.62 per cent to 35.69 per cent from 22.07 per cent in the December quarter. Ircon International too failed to impress with just 6 per cent year-on-year return.

Meanwhile, Happiest Minds Technologies, Indian Energy Exchange and Indiabulls Real Estate have been the only three retail bets that have more than doubled (114-272 per cent) this year.

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