HomeNewsBusinessMarketsBlack Friday Sale: Stocks trading with discounts of up to 50% from last year’s prices

Black Friday Sale: Stocks trading with discounts of up to 50% from last year’s prices

These stocks are trading at steep discounts from their prices just one year ago, but are they a good buy at this juncture?

November 29, 2024 / 15:24 IST
Story continues below Advertisement
Zee Entertainment Enterprises have crashed over 50 percent in the past year
Zee Entertainment Enterprises have crashed over 50 percent in the past year.

It’s Black Friday and who doesn’t love a good bargain during the best sale of the year? These stocks are trading at steep discounts from their prices just one year ago, but be careful! Sometimes things are heavily discounted because nobody else wants them, and other times you can get lucky with a great bargain.

So which stocks are offering investors a good bargain and should you snap them up at this juncture? We help you navigate this sale with Bloomberg analysts ratings.

Story continues below Advertisement

Zee Entertainment Enterprises (Discount from year ago price: 52%)

Shares of Zee Entertainment Enterprises have crashed over 50 percent in the past year, as the potential $10-billion merger between Zee and Sony Pictures was called off in January 2024. The companies initiated legal action against each other for not honouring commitments mentioned in the deal.