In the calendar year 2026 so far, 13 penny stocks have recorded sharp declines, falling between 40% and 70%. These underperformers were identified using a targeted screening approach focused 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 strategy aims to highlight low-priced, actively traded penny stocks that have experienced significant downside. (Data source: ACE Equity)Although penny stocks often attract investors with their low entry prices and potential for rapid gains, they carry substantial risks. Due to low liquidity, high volatility, and limited transparency, they are prone to manipulation and sudden price drops. Without a clear strategy and strong risk controls, investors may incur more losses than gains.
Jupiter Wagons Q4 Results: Cons PAT tumbles 72% to Rs 29 crore, revenue falls 25% YoY
Jupiter Wagons saw its net profit drop 72% to Rs 29 crore in the March quarter. Revenue also fell 25% to Rs 780 crore. The