Investors invested capital in these shares to earn profits, thus they got ruined
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These stocks brought tears to investors
Shares of wind energy company Suzlon Energy were once giving bumper profits to investors. But later those who invested in it had to bear heavy losses. Suzlon’s shares, which were once trading above Rs 400, have now come down to less than Rs 20. 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. However, this year the stock is seeing strength.
Jaiprakash Associates
Shares of Jaiprakash Associates had reached above Rs 340 at one point of time. Whereas today it is trading at the level of Rs.8. In the year 2008, on June 4, the shares of Jaiprakash Associates closed at Rs.323. On the other hand, it has closed at the level of Rs.8 on last Friday. In this, about 97 percent of the capital of the investors has sunk.
future retail
Future Retail, the parent company of Big Bazaar, has given a big blow to the investors. On November 24, 2017, Future Retail shares closed at Rs 640. At the same time, it has fallen by almost 99 percent and closed at the level of Rs 2.48 on June 9. This year too, the stocks are witnessing a decline.
yes bank
Shares of Yes Bank had reached a level of Rs 404 at one point of time on August 20 in the year 2018. On the other hand, on last Friday i.e. June 9, 2023, it closed at the level of Rs 16.59. Investors have suffered a loss of 95.79 per cent in this.
unitech
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. Whereas on June 9, 2023, it has closed at the level of only Rs 1.57 on BSE.
vodafone-idea
Shares of Vodafone Idea were earlier traded under the name of Idea. Investors have invested heavily in this stock. In the year 2007, Vodafone shares were trading at Rs 161. On the other hand, it has closed at the level of Rs 7.35 on Friday.
future consumer
Shares of Future Consumer were trading at the level of Rs 78.05 in the year 2017, about 6 years back. In this too, the investors have suffered huge losses. It has closed at just 98 paise on last Friday. In this, 98 percent of the capital of the investors has sunk.
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