These 7 penny stocks slip 15-25% in a week
By Ritesh Presswala, ETMarkets.com |
1/8
On Slippery Slope
In the week ending February 14, the benchmark Sensex index recorded a weekly decline of around 2.5%. During this downturn, 7 penny stocks experienced sharp drops ranging from 15% to 25%. Our selection criteria focused on stocks with a market cap below Rs 1000 crore, a share price under Rs 20, and a minimum latest trading volume of 5 lakh shares. (Data Source: ACE Equity)
2/8
Mangalam Industrial Finance
Weekly Loss: -25%
Previous Close: Rs 2.28
Previous Close: Rs 2.28
3/8
Onesource Industries And Ventures
Weekly Loss: -22%
Previous Close: Rs 8.94
Previous Close: Rs 8.94
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4/8
Subex
Weekly Loss: -19%
Previous Close: Rs 15.26
Previous Close: Rs 15.26
5/8
Pressure Sensitive Systems (India)
Weekly Loss: -18%
Previous Close: Rs 3.19
Previous Close: Rs 3.19
6/8
Lesha Industries
Weekly Loss: -17%
Previous Close: Rs 1.13
Previous Close: Rs 1.13
7/8
Sakuma Exports
Weekly Loss: -16%
Previous Close: Rs 2.95
Previous Close: Rs 2.95
