Back to Pandemic Prices: Should Investors Be Worried About These Falling Stocks?

Tue Apr 8, 2025

In a market 📉 filled with uncertainty and volatility, one trend is quietly raising eyebrows — a number of well-known stocks are now trading below their March 2020 Covid-19 crash levels. Yes, you heard it right. Despite all the recovery buzz, some familiar names have slipped back to their pandemic-era lows.

Let’s break it down and see what this means for investors looking for clarity in a cluttered market.

🏦 What’s Going On with YES Bank & Bandhan Bank?

YES Bank, once a star performer in the Indian financial sector, is now trading at ₹16.86, reflecting a massive 58% drop from its March 2020 level of ₹39.75. In the last year alone, it has fallen 31%, bringing concerns about its recovery and long-term growth prospects.

 

Meanwhile, Bandhan Bank is currently priced at ₹145.05, which is 17% below its pandemic low of ₹175. The bank has seen a 20% decline over the past year, even as other players in the banking sector show signs of recovery.

🎬 Entertainment & Retail Stocks Feel the Heat

PVR INOX, a leading name in the cinema industry, is now trading at ₹847.30 — about 28% lower than its March 2020 value of ₹1,184.84. Post-pandemic challenges like reduced footfalls and changing content preferences seem to be key factors.

Zee Entertainment (ZEEL) has also taken a hit, down by 21% compared to its Covid-time valuation, reflecting persistent pressure in the broadcasting and media segment.

👟 Footwear, Electronics & Pharma: Mixed Signals

Companies like Relaxo Footwears and Whirlpool of India have seen corrections of 20% and 38%, respectively. While Whirlpool may show some resilience ahead, Relaxo has struggled with internal leadership shifts and rising manufacturing costs, limiting its competitiveness in the price-sensitive market.

On a brighter note, Sanofi India is trading close to its March 2020 levels, indicating a degree of stability in the pharmaceutical sector.

Other names like Rajesh Exports, Spandana Sphoorty, Omaxe, and Vakrangee have also slipped below their 2020 values — a sign that this trend is not limited to a single sector.

💡 What Can Investors Learn from This?

Trading below Covid-19 lows doesn’t always mean a stock is in trouble — but it should definitely be a wake-up call. For some companies, it might signal a potential turnaround opportunity. For others, it could highlight deeper structural concerns.

Disclaimer: This article is for Informational purposes only and should not be construed as investment advice. Please consult a financial advisor Mbc trading Platform  before making any investment decisions.

Team MBC
Expert Stock Market Analysts & Trainers serving Rajamahendravaram, Visakhapatnam, and Vijayawada with excellence in market insights and training solutions.

Mbc trading platform

OPENING TIMES

Monday – Saturday: 9 AM – 7 PM

FIND US HERE

Royal Enfield showroom, 26-16-5, Nandamgani Raju junction, near Anand regency, Kambala Cheruvu, Rajamahendravaram, Andhra Pradesh 533101, India