Market at Peaks, Yet 3 Nifty500 Stocks Hit Covid Lows

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Market at highs, but these 3 Nifty500 stocks are back to Covid lows

Market at highs, but these 3 Nifty500 stocks are back to Covid lows

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CNBC TV18•23-02-2026, 20:07

Market at highs, but these 3 Nifty500 stocks are back to Covid lows

•Despite Nifty50's 250% surge from Covid lows, Bata India, Whirlpool of India, and Zee Entertainment are trading near or below pandemic levels.
•Bata India is at ₹812.35, below its Covid low of ₹1,000, correcting 64% from its 2021 peak.
•Whirlpool of India closed at ₹924.90, 32% below its Covid low, pressured by foreign promoter stake sales.
•Zee Entertainment trades at ₹90.76, 21% below its Covid low, due to declining ad revenues and compressed margins.
•Analysts have mixed views: 11 of 19 rate Bata India a "Sell," while nearly 70% of analysts recommend "Buy" for Zee Entertainment.

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