LowNegative
Announced Sun, 26 Jul · 10:07 IST

15 penny stocks plunge up to 70% in 3 months. Are you affected?

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Over the past three months, 15 penny stocks have seen sharp corrections, with declines ranging from 25% to 70%. The underperformers were identified using a screen of stocks with market capitalisation below Rs 1,000 crore, share price under Rs 20, and minimum recent trading volume of 5 lakh shares. The article flags the risks of penny stocks, including low liquidity, high volatility, and susceptibility to manipulation.