During the recent post-Russian-Ukrainian war sell-off, many quality stocks pulled back on profit-taking. Some quality stocks have retraced from 523-week highs to near 52-week lows. Here, we list five stocks that have retraced 38% from their 52-week highs and are very close to their 52-week lows:

Bajaj Finserv: This mid-cap stock closed at Rs 11,831 per share on Friday, above a 52-week high of Rs 19,325 per share. This means the stock is trading about 38% below its 52-week high of Rs 10,727 per share. That means the financial stock is trading just 10% above its 52-week low.

HDFC Bank: Shares closed at Rs 1,364 per share on Friday. Its 52-week high was at Rs 1,725 per share, while its 52-week low was at Rs 1,271.60 per share. That means HDFC Bank is trading at a discount of about 21% to its 52-week high, while its shares trade at a premium of almost 7% to its 52-week low. In other words, shares of HDFC Bank have retreated 21% from their 52-week high and more than 7% from their 52-week low.

Axis Bank: Shares closed at Rs 662.50 per share on Friday. Axis Bank shares’ 52-week high was at Rs 866.90, while the bank’s 52-week low was at Rs 618.25. As a result, the stock is down 23.50% from its 52-week high, while its stock price is down about 7% from its 52-week low. Bank stocks with a market capitalisation of Rs 203 crore have returned zero last year and year-to-date.

Dr Reddy’s Lab: The pharmaceutical stock is trading at Rs 4,532.55 per share today. Its 52-week high was Rs 5,447, while its 52-week low was Rs 3,654 per share. That means Dr Reddy’s stock is 17% below its 52-week high and 24% above its 52-week low. The pharma stock, which fell more than 15% last year, is down more than 6% this year, delivering zero returns to shareholders last year and in 2022.

Asian Paints: The stock closed at Rs 2,978.40 per share on the NSE on Friday. Its 52-week high was at Rs 3,590 per share, while its 52-week low was at Rs 2,560 per share. As a result, the stock is trading 17% below its 52-week high and about 15% below its 52-week low. Chemicals stocks, which returned zero last year, are down more than 12% this year.