What are Bruised Blue Chips?

A study by Motilal Oswal said a 'Bruised Blue Chip' is a firm whose stock price, at any time over the past 10 years has fallen by 50% or more from its 5-year high. "Bruising offers a golden opportunity to build large positions in...aspirational Blue Chips," the study said. It, however, urged investors to assess the reasons for the bruising.

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