Tata Motors PV to Lodha Developers: Five NIFTY100 stocks down over 40% from their 52-week high

NIFTY and SENSEX continue to witness a significant fall as the US-Israel-Iran war escalates and has entered its second month. Benchmark indices, which were already going through a rough patch in the past few months following US trade tariffs, saw a sharp decline from the start of the Middle East conflict on February 28, 2026.

In March 2026, the NIFTY50 index declined 11.3%, while the SENSEX lost over 9,300 points and fell by 11.4%. Investors witnessed over ₹51 lakh crore in market cap loss for the BSE-listed companies. Both indices are down 13.7% and 14.9% repecively from the 52-week high.

Rising Crude oil prices amid fear of supply disruption due to the closure of the Strait of Hormuz after the US-Israel-Iran war have accelerated concern around inflation and pressure on domestic economic growth, leading to weak sentiments in the stock markets.

Besides this, the Indian rupee depreciation, rising US bond yields and attractive valuations in developed markets have led to high sell-off by the foreign institutional investors (FIIs). In March 2026 alone, the foreign investors' outflow was over ₹1.22 lakh crore, while domestic institutional investors (DIIs) continue to cushion the stock market fall with net buying of ₹1.42 lakh crore.

Amidst this significant market fall, many prominent stocks have witnessed a steep decline and are down 40% or more from their 52-week high.

Realty stocks tumble

Major real estate stocks like DLF Limited and Lodha Developers have seen steep declines of 41.1% and 54.5% from their 52-week highs. Both stocks hit their 52-week low of ₹489.4 and ₹650.8 on April 2, 2026.

The steep stock fall is due to a combination of factors, including a broad-based sell-off in markets amid the Middle East conflict, which has also impacted real estate stocks. Weak sales and a decline in pre-sales have also impacted the realty stocks. DLF Limited clocked sales bookings of ₹419 crore in Q3FY26, a sharp decline from a record pre-sales of ₹12,039 crore in the year-ago period.

Meanwhile, Lodha Developers reported 25% YoY increase in Q3FY26 pre-sales, aided by new project launches. The company said that it is on track to achieve its full-year pre-sales guidance of ₹21,000 crore as Q4FY26 numbers are awaited.

Concerns around the slowdown in the IT sector hiring and AI-led job losses have also impacted consumer demand in key property markets like Bengaluru, Hyderabad, Pune, and Gurugram. The IT slowdown has also reduced demand for commercial real estate.

Trent Limited

Shares of Tata Group’s retail arm, Trent, have lost significant ground as the stock has declined 45.6% from its 52-week high and 17% so far this year. Trent, which operates the Westside and the value fashion brand Zudio has experienced a slowdown in revenue growth in the past few quarters.

Trent reported 17% YoY growth in revenue during the third quarter of FY26, which is lower compared to the average sales growth of 45% during the December 2023 to March 2025 period, indicating a slowdown in revenue growth momentum.

Tata Motors PV and Hyundai Motor stock decline

Tata Motors Passenger Vehicles (TMPV) and Hyundai Motor India stock declined primarily due to weak domestic sales volume, due to intense competition from other automakers. Tata Motors PV saw weak earnings and margin pressure at Jaguar Land Rover (JLR) following a cyberattack, lower-than-expected earnings, and reduced guidance.

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