Prior to now month, 10 penny shares have witnessed steep declines, shedding between 25% and 55% of their worth. These underperformers have been recognized utilizing a focused screening method, specializing in shares with a market capitalisation beneath Rs 1,000 crore, a share value beneath Rs 20, and a minimal latest buying and selling quantity of 5 lakh shares. This technique is designed to spotlight low-priced, actively traded penny shares which have skilled notable draw back. (Information Supply: ACE Fairness)
Though penny shares typically entice buyers with their low entry costs and potential for fast beneficial properties, they arrive with substantial dangers. As a consequence of low liquidity, excessive volatility, and restricted transparency, they’re susceptible to manipulation and sudden drops. With out a clear technique and powerful danger controls, buyers might face extra losses than beneficial properties.
