LowNegative
Announced Sun, 14 Jun · 12:07 IST
12 penny stocks plunge up to 70% in 3 months - Are you affected?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
12 penny stocks with market capitalisation below Rs 1,000 crore and share prices under Rs 20 have corrected sharply, with declines ranging from 25% to 70% over the past three months. The screen, based on ACE Equity data, highlights low-priced yet liquid penny stocks that have come under significant selling pressure. The article serves as a cautionary note on the risks of penny stock investing, including low liquidity, high volatility, and susceptibility to manipulation.