Market near record highs, but these 3 Nifty500 stocks are back to Covid lows
Published on 23/02/2026 08:07 PM
Market near record highs, but these 3 Nifty500 stocks are back to Covid lowsDespite Nifty50's 250 percent surge, Bata India, Whirlpool of India, and Zee Entertainment Enterprises have slipped near Covid lows, facing weak revenues and mixed analyst ratings.By Yoosef K February 23, 2026, 8:07:27 PM IST (Published)After a stellar rally in the equity markets, where the benchmark Nifty50 surged nearly 250% from its Covid low to a record 26,373.20 in January, valuations across the board expanded sharply, with many stocks delivering multi-fold returns. Yet, even as the broader market soared, a few names from the Nifty500 have slipped back toward their pandemic-era levels.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers