From The Economic Times · · 50s
Penny Stocks Crash 57% in Two Months
Nine penny stocks plummeted 57% in two months, hitting freefall.
In brief
Nine penny stocks plummeted 57% in two months, hitting freefall. Nine low-priced stocks dropped 57% in two months due to market corrections. Originally reported by The Economic Times.
Penny Stocks in Freefall
Over the past two months, 14 penny stocks witnessed sharp corrections with declines ranging from 20% to 55%.
Screen Criteria
The screen identified companies with market capitalisation below Rs 1,000 crore, share price below Rs 20, and minimum trading volume of 5 lakh shares.
Kalind's Performance
Kalind dropped 57% in two months, closing at Rs 4.24.
Cropster Agro
Cropster Agro fell 52% in two months, closing at Rs 2.55.
PVV Infra
PVV Infra dropped 41% in two months, closing at Rs 2.16.
Empower India
Empower India declined 41% in two months, closing at Rs 1.54.
The bottom line
Nine low-priced stocks dropped 57% in two months due to market corrections.
