NEW DELHI: YES Bank , Tata Motors and Dilip Buildcon, among others, had a stellar start to 2019, but over the past one month they have been battered badly.Not only has the rally in these stocks halted, there are concerns if they can see a recovery anytime soon. Brokerages say a few of these stocks are not yet looking like value buys even after the sharp fall.Data showed seven BSE500 stocks that jumped between 30 per cent and 60 per cent in early 2019 now find themselves among the worst-performers in last one month.In the case of YES Bank, the stock has plunged 48 per cent in a brisk selloff in last one month after rising 46 per cent between January 1 and April 16. At present, the scrip trades 65 per cent below the record high of Rs 404 hit in August 2018.After a massive 54 per cent surge between January and mid-April, shares of Dilip Buildcon have dropped 27 per cent in last one month. The stock is down 61 per cent from the peak of May 2018.In case of Tata Motors, the scrip has cracked 27 per cent in last one month after rising 33 per cent in the earlier part of 2019. Somany Ceramics, Godrej Properties, Sharda Cropchem and Godfrey Phillips have lost 13-15 per cent in last one month against a 4.6 per cent drop in Sensex. These stocks had gained 30-47 per cent between January mid-April period.Here’s how these stocks look like now and the brokerages’ views on them.A steep fall in YES Bank shares followed a flurry of downgrades of the stock by different brokerages after the bank reported a surprise Rs 1,506 crore loss in March quarter. At present, 11 brokerages have ‘sell’ ratings on the stock against just two a month ago, publicly available data on Reuters suggests. ‘Buy’ ratings have come down to nine from 18, ‘outperform’ to five from 12 and ‘hold’ to 13 from 10. Morgan Stanley says new CEO Ravneet Gill’s strategy to focus on retail/digital franchise is step in right direction, but the turnaround at the bank will be gradual, given the challenges across key metrics.This stock has 11 ‘buy’ ratings now compared with 10 a month ago Reuters data showed. Concerns surrounding slow auto sales globally are weighing on the stock. There were rumours that suggested that the auto major was in the process of selling its British arm Jaguar Land Rover (JLR) to French automotive major PSA Groupe. The company has denied them. CLSA in a note said it is cautious on the stock given multiple headwinds for JLR and an impending cyclical downturn for domestic trucks.A few brokerages have cut their targets on the stock post less-than-expected March quarter earnings, but see reasonable upside potential. HDFC Institutional Equities said Dilip Buildcon’s balance sheet is choked and needs to be recapitalised through equity fund raising or stake monetisation in under-construction HAMs. “Capex cuts is a short view. In the long run, it will impede growth. Multiple re-ratings are contingent on significant deleveraging over the next two years,” it said.YES Securities said the company’s near-term performance was impacted by delays in the receipts of appointed date for HAM projects. “Post the slow order intake in FY19, it is now crucial for DBL to bag large projects in FY20,” it said.This scrip has fallen even as the realtor reported a four-fold jump in March quarter earnings. JM Financial feels while liquidity concerns could lead to short-term disruptions, the company's strong brand name and well-capitalised balance sheet could lead to material portfolio additions at attractive valuations. CLSA said debt-to-equity at 0.87 times is still below GPL’s targeted 1.5 times range. "With an average borrowing cost of 8 per cent, debt is not a problem. Strong operating performance amidst weak industry conditions make us believe significant scale-up is ahead," it said.Net profit of this agrochemicals company fell 6.72 per cent to Rs 105.63 crore in March quarter on flat sales at Rs 764.36 crore. Prabhudas Lilladher said that the business model of the company, which used to be its USP at one point in time, has now become its biggest drawback due to the control of environmental pollution in China. “It has been most impacted among its peers with agrochemical segment margins nearly halving over the last 3 years. While the business model also provides a fluidity to rapidly realign its product with market demand, stress on gross margin is expected to continue in the near term due to pressure on both cost and revenue,” the brokerage said.IDBI Capital recently initiated coverage on the second largest tile maker with a ‘buy’ rating on promising margins improvement and attractive valuations. It valued the stock at Rs 576 on 26 times P/E at FY21E EPS of Rs 22.5. “We believe SCL will benefit from strong brand recall and increasing share of value added products, capacity addition without stretching the balance sheet, timely entry into sanitary ware and faucets ware and extensive pan India dealership network. We expect the company to clock sales/Ebitda/PAT CAGR of 8.9 per cent, 6.5 per cent and 10.6 per cent, respectively, over FY18-21,” it said.FPIs and MFs increased holding in this stock in March quarter. But the stock has seen some selloff of late. Not many brokerages track this stock. Stewart & Mackertich, which initiated its coverage on this stock last month said that company’s strong presence in the regular size (64mm) and deluxe size filter tip (69 mm) cigarette market and its strategic pricing and positioning relative to competition is expected to drive the volumes going forward.“We are expecting a moderation in incremental cigarette taxation in the period 2018-21E compared to 2012-17 as India is one of the highest taxed countries. There are possibilities of restructuring in India’s cigarette FDI norms from the pro-business incumbent government. The government’s crackdown on illegal cigarettes is likely to intensify thereby driving volumes for domestic cigarette makers,” it said.