These 10 penny stocks plunged up to 55% in just a month — Are you affected?

In the past month, 10 penny stocks have witnessed steep declines, shedding between 25% and 55% of their value. These underperformers were identified using a targeted screening approach, 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. This strategy is designed to highlight low-priced, actively traded penny stocks that have experienced notable downside. (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 drops. Without a clear strategy and strong risk controls, investors may face more losses than gains.

1-Month Performance: -54% | Previous Close: Rs 3.67

1-Month Performance: -52% | Previous Close: Rs 1.45

1-Month Performance: -51% | Previous Close: Rs 4.67

1-Month Performance: -44% | Previous Close: Rs 6.06

1-Month Performance: -35% | Previous Close: Rs 1.15

1-Month Performance: -33% | Previous Close: Rs 2.91

1-Month Performance: -32% | Previous Close: Rs 0.86

1-Month Performance: -27% | Previous Close: Rs 1.18

1-Month Performance: -25% | Previous Close: Rs 0.33