These 5 stocks brought tears to investors, investors became paupers
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These shares made pauper
The first stock to pauperize investors is that of wind energy company Suzlon Energy. Shares of Suzlon, which once traded above Rs 400, closed at Rs 20.05 today. On January 8, 2008, the shares were trading at Rs.454. On the other hand, on June 9, 2023, Suzlon’s shares have come down to Rs.14.01. In this, 96.92 percent of the investors are immersed.
The second stock to sink investors’ capital is that of Jaiprakash Associates. In the year 2008, on June 4, the shares of Jaiprakash Associates closed at Rs.323. Whereas today its shares closed at Rs 7.80 with a fall. In this, about 97 percent of the capital of the investors has sunk.
99 percent broken stock
Those who invested in the shares of Future Retail have also become poor. Shares of Big Bazaar’s parent company Future Retail closed at Rs 640 on November 24, 2017. Whereas today these shares have closed at Rs 3.65 with lower circuit. It has broken up to about 99 percent.
Those who invested in the shares of this bank have also suffered huge losses. In the year 2018, on August 20, at one time it reached the level of Rs 404. Whereas today the shares of Yes Bank closed at Rs 17.40 with a fall. Investors have suffered a loss of 95.79 per cent in this.
Share came at less than 2 rupees
Unitech is the fifth stock making investors bankrupt. Shares of real estate investment company Unitech have plunged up to 13 per cent this year. In the long term, about 99 per cent of the investors’ capital has sunk in it. In the year 2008, this share had reached the level of Rs 547 at one time. And today it has closed at Rs 1.39.
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