11 penny stocks plunge up to 81% in 6 months
By Ritesh Presswala, ETMarkets.com |
1/12
Steep Decline
Over the past six months, 11 penny stocks have witnessed sharp corrections, with declines ranging from 49% to 81%. These underperformers were identified through a screen focusing on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares. The screen highlights low-priced, relatively liquid penny stocks that have come under significant selling pressure during this period. (Data Source: ACE Equity)
2/12
Blue Pearl Agriventures
6-Month Performance: -81% | Previous Close: Rs 8.57
3/12
A-1
6-Month Performance: -78% | Previous Close: Rs 5.08
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4/12
Orient Tradelink
6-Month Performance: -77% | Previous Close: Rs 4.16
5/12
Sylph Industries
6-Month Performance: -72% | Previous Close: Rs 0.21
6/12
Cropster Agro
6-Month Performance: -65% | Previous Close: Rs 2.91a
7/12
RDB Infrastructure and Power
6-Month Performance: -60% | Previous Close: Rs 14.45
8/12
kalind
6-Month Performance: -59% | Previous Close: Rs 4.98
9/12
Laddu Gopal Online Services
6-Month Performance: -56% | Previous Close: Rs 0.43
10/12
Gujarat Cotex
6-Month Performance: -52% | Previous Close: Rs 2.77
11/12
Davangere Sugar Company
6-Month Performance: -51% | Previous Close: Rs 1.97