Beaten down shares that can help investors | Fusion - WeRIndia

Beaten down shares that can help investors

Beaten down shares that can help investors

Generally, it is often a smart plan to look at some beaten down shares. They can be good choice. Shares may be beaten down for many different reasons. Here are some beaten down shares which can be good for investors.

Tata Motors

In early February, Shares in Tata Motors have fallen from a high of Rs.606 to the current levels of Rs.402. The reason behind this fall within the share worth was the sharp crash seen within the Chinese stock markets. Due to this crash, the Sentiments were affected.

SUN TV Network

Just like Tata Motors, the share worth of Sun TV fell down sharply. In the past, the value of shares were at Rs.477. Now they have fallen to Rs.277. The reason behind Sun TV shares’ fall has been that the Ministry of Home Affairs has denied security clearance for license renewal for its thirty three channels. Furthermore, there are other reasons like the cases of economic offenses against the owner, Kalanidhi Maran.

Canara Bank

The Shares of Canara Bank have fallen by a staggering amount of nearly half over the past seven months. The main is the worries of people over rising non-performing assets have weighed on banking stocks. However, there are signs that the non-performing asset in banks might have peaked.

Image by mohamed Hassan from Pixabay (Free for commercial use)

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