Why don’t these 10 stocks work? Big name… big business, but they have been stuck in the same position for 3 years

On one hand, the Indian stock market has touched new heights in the recent past and there are many stocks that have broken all old records and reached new all-time highs. But there are also stocks of some big companies that are sluggish despite the bull run in the last 3 years. These include many big names including Tech Mahindra, PVR and Tata Steel. Take a look at 10 such stocks that are stagnant during this period…

LTI Mindtree Share: It has grown by just 10 percent in the last 3 years. This stock has also disappointed its investors despite the stormy rise in the market. If we talk about the last one year, then Sensex has crossed the level of 82000 and Nifty has also crossed 25000. Talking about this stock, it has risen by just 3.81 percent in this period. On Wednesday, the stock of this company worth Rs 1.60 lakh crore was trading at Rs 5,391.

Bajaj Finance Shares: Talking about the shares of this company, during the three years of trading, this stock has also given a return of only around 5 percent. On August 13, 2021, the price of this share was Rs 6156, which is currently trading at Rs 6464. On the other hand, if we talk about the last one year, then instead of giving benefit, it has caused loss to the investors. In a year, Bjaja Finance Share has given a negative return of 7.85 percent.

Bajaj Finserv Shares: Talking about Bajaj Finserv, another company of Bajaj Group, it has given a negative return of about 46 percent in the last three years. Instead of benefiting from the boom in the market, the investors of this company have suffered losses. On August 13, 2021, the price of one share was around Rs 2863, which has currently come down to Rs 1533.

Tech Mahindra Share: Mahindra Group company Tech Mahindra also did not pass on the benefits of the market rally to its investors as was expected. The price of this stock was Rs 1399 on 20 August 2021, which is around Rs 1514 till now. According to this, in the last three years, this stock has given a return of only 8 percent to the investors.

Tata Steel Shares: The stock of Tata Steel, a Tata Group company, is also included in the list of sluggish stocks for the last three years. If we look at the performance of this stock during this period, investors have got a negative return of 0.57 percent. On August 13, 2021, the price of one share of Tata Steel was Rs 147.17, while on Wednesday this stock was trading at Rs 145.21.

Asian Paints Share: Asian Paints shares can also be included in this list. This company with a market capitalization of Rs 2.89 lakh crore has also not been able to benefit from the market rally. On August 13, 2021, the price of one share of Aisan Paint was Rs 2988.70, while on Wednesday during trading in the stock market it was at Rs 3019.25. According to this, in three years it was seen giving a return of only around 1 percent.

These stocks also grew at a slow pace
Apart from all these big companies, Kotak Bank’s stock is also among the big companies that have disappointed investors in the last three years. This banking stock has given investors a negative return of just 2.08 percent during this period, while Divi’s Laboratories Ltd’s share has given a negative return of 5.87 percent. Steel Authority of India’s share (SAIL Share) has given a negative return of 5.94 percent, while Mphasis Ltd Share has given a negative return of 1.35 percent.

(Note- Before making any investment in the stock market, please consult your market experts.)