Over the past six months, 14 penny stocks have witnessed sharp corrections, with declines ranging from 35% to 84%. These stocks were identified through a screen focusing on companies with a market capitalisation below Rs 1,000 crore, a share price below Rs 20 and a minimum recent trading volume of 5 lakh shares. The screen highlights low-priced, relatively liquid penny stocks that have come under significant selling pressure. (Data source: ACE Equity)While penny stocks often attract investors with their low entry prices and potential for quick gains, they carry substantial risks. Low liquidity, high volatility and limited transparency can make them vulnerable to manipulation and sudden price drops. Without a clear strategy and strong risk controls, investors could face significant losses.
A-1
6-Month Performance: -84% | Previous Close: Rs 4.93
Cropster Agro
6-Month Performance: -70% | Previous Close: Rs 5.08
Leading Leasing Finance and Investment
6-Month Performance: -67% | Previous Close: Rs 1.11
Pulsar International
6-Month Performance: -64% | Previous Close: Rs 0.48
Supha Pharmachem
6-Month Performance: -64% | Previous Close: Rs 0.33
Padam Cotton Yarns
6-Month Performance: -64% | Previous Close: Rs 0.97
Sylph Industries
6-Month Performance: -63% | Previous Close: Rs 0.25
Biogen Pharmachem Industries
6-Month Performance: -53% | Previous Close: Rs 0.28
Mangalam Industrial Finance
6-Month Performance: -46% | Previous Close: Rs 0.58
kalind
6-Month Performance: -41% | Previous Close: Rs 7.67
Shalimar Productions
6-Month Performance: -41% | Previous Close: Rs 0.29
Kapil Raj Finance
6-Month Performance: -39% | Previous Close: Rs 1.55
Filatex Fashions
6-Month Performance: -37% | Previous Close: Rs 0.19
Landsmill Green
6-Month Performance: -35% | Previous Close: Rs 0.80