14 penny stocks plunge up to 55% in 2 months. Are you affected?

Over the past two months, 14 penny stocks have witnessed sharp corrections, declining between 15% and 55%. These underperformers were identified through a screen that focused 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 the period. (Data source: ACE Equity)Although penny stocks often attract investors with their low entry prices and potential for rapid gains, they come with substantial risks. Due to low liquidity, high volatility and limited transparency, they are prone to manipulation and sudden price drops. Without a clear strategy and strong risk controls, investors may face more losses than gains.

2-month performance: -55% | Previous close: Rs 0.96

2-month performance: -54% | Previous close: Rs 0.32

2-month performance: -49% | Previous close: Rs 0.69

2-month performance: -48% | Previous close: Rs 8.63

2-month performance: -28% | Previous close: Rs 13.09

2-month performance: -25% | Previous close: Rs 1.33

2-month performance: -23% | Previous close: Rs 6.94

2-month performance: -21% | Previous close: Rs 0.36

2-month performance: -17% | Previous close: Rs 0.29

2-month performance: -17% | Previous close: Rs 9.04

2-month performance: -16% | Previous close: Rs 8.86

2-month performance: -15% | Previous close: Rs 1.21

2-month performance: -14% | Previous close: Rs 15.21

2-month performance: -13% | Previous close: Rs 19.18