Over the past six months, 11 penny stocks have witnessed sharp corrections, with declines ranging from 49% to 81%.
These underperformers were identified through a screen focusing on stocks with a market capitalisation below Rs 1,000 crore, a share price under 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 during this period.
(Data Source: ACE Equity)
Over the past six months, 11 penny stocks have witnessed sharp corrections, with declines ranging from 49% to 81%. These underperformers were identified through a screen focusing on stocks with a market capitalisation below Rs 1,000 crore, a share price under 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 during this period. (Data Source: ACE Equity)
