These 6 penny stocks slip 20-30% in a week
1/7
On slippery slope
In the week ending March 28, the benchmark Sensex index rose by around 0.66%. Despite this moderate gain, six penny stocks declined by 20% to 30%. Our selection criteria focused on stocks with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 lakh shares based on the latest data. (Data Source: ACE Equity)
2/7
Kesoram Industries
Weekly Decline: 32%
Previous Close: Rs 4.50
Previous Close: Rs 4.50
3/7
Kanani Industries
Weekly Decline: 26%
Previous Close: Rs 1.65
Previous Close: Rs 1.65
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4/7
Growington Ventures India
Weekly Decline: 25%
Previous Close: Rs 2.16
Previous Close: Rs 2.16
5/7
Jaiprakash Associates
Weekly Decline: 22%
Previous Close: Rs 3.18
Previous Close: Rs 3.18
6/7
Radhe Developers (India)
Weekly Decline: 21%
Previous Close: Rs 1.39
Previous Close: Rs 1.39
7/7
Toyam Sports
Weekly Decline: 19%
Previous Close: Rs 1.08
Previous Close: Rs 1.08