These 7 penny stocks slip 15-20% in a week
1/8
On slippery slope
In the week ending March 13, the benchmark Sensex index fell by approximately 0.7%. During this decline, 7 penny stocks experienced drops ranging from 15% to 20%. Our selection criteria targeted stocks with a market capitalization of under Rs 1000 crore, a share price below Rs 20, and a minimum trading volume of 5 lakh shares. (Data Source: ACE Equity)
2/8
SRU Steels
Weekly Decline: -21%
Previous Close: Rs 6.41
Previous Close: Rs 6.41
3/8
Lancer Container Lines
Weekly Decline: -20%
Previous Close: Rs 17.04
Previous Close: Rs 17.04
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4/8
Garment Mantra Lifestyle
Weekly Decline: -18%
Previous Close: Rs 1.58
Previous Close: Rs 1.58
5/8
Radhe Developers (India)
Weekly Decline: -18%
Previous Close: Rs 1.77
Previous Close: Rs 1.77
6/8
Jaiprakash Associates
Weekly Decline: -16%
Previous Close: Rs 3.95
Previous Close: Rs 3.95
7/8
GV Films
Weekly Decline: -16%
Previous Close: Rs 0.58
Previous Close: Rs 0.58
8/8
Variman Global Enterprises
Weekly Decline: -16%
Previous Close: Rs 9.10
Previous Close: Rs 9.10