These 9 penny stocks plunge up to 25% in just 4 trading sessions
By Ritesh Presswala, ETMarkets.com |
1/11
Penny plunge
In the past week, nine penny stocks witnessed sharp declines ranging from 10% to 25%. These laggards were identified through a screening process that focused on stocks with a market capitalization below ₹1,000 crore, a share price under ₹20, and a minimum recent trading volume of 5 lakh shares. The approach highlights low-priced, actively traded penny stocks that saw significant downside movement. (Data Source: ACE Equity). Note: Due to a market holiday last week, there were only four trading sessions.
2/11
Karnavati Finance
Declined 24% last week | Previous close: ₹1.40
3/11
Welcure Drugs & Pharmaceuticals
Fell 18% in a week | Previous close: ₹9.73
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4/11
Reliance Communications
Slipped 18% in four sessions | Previous close: ₹1.52
5/11
Quasar India
Dropped 17% last week | Previous close: ₹0.40
6/11
Vintron Informatics
Declined 15% | Previous close: ₹10.59
7/11
Pradhin
Fell 14% | Previous close: ₹0.36
8/11
Leading Leasing Finance And Investment co
Slipped 13% | Previous close: ₹5.41
9/11
Julien Agro Infratech
Dropped 12% | Previous close: ₹8.82
10/11
Cressanda Railway Solutions
Declined 10% | Previous close: ₹3.55