9 penny stocks crash up to 57% in just 2 months
By Ritesh Presswala, ETMarkets.com |
1/10
In freefall
Over the past two months, 14 penny stocks have witnessed sharp corrections, with declines ranging from 20% to 55%. The stocks were identified through a screen focusing on companies with a market capitalisation below Rs 1,000 crore, a share price below Rs 20, and a minimum recent trading volume of 5 lakh shares. The screen highlights low-priced, relatively liquid penny stocks that recorded notable declines during the period. (Data Source: ACE Equity).
2/10
kalind
2-Month Performance: -57%| Previous Close: Rs 4.24
3/10
Cropster Agro
2-Month Performance: -52%| Previous Close: Rs 2.55
4/10
PVV Infra
2-Month Performance: -41%| Previous Close: Rs 2.16
5/10
Empower India
2-Month Performance: -41%| Previous Close: Rs 1.54
6/10
Salasar Techno Engineering
2-Month Performance: -29%| Previous Close: Rs 4.13
7/10
Davangere Sugar Company
2-Month Performance: -29%| Previous Close: Rs 2.27
8/10
Dish TV India
2-Month Performance: -24%| Previous Close: Rs 2.16
9/10
Consecutive Commodities
2-Month Performance: -23%| Previous Close: Rs 0.94