Nine Penny Stocks Sink as Much as 57% in Two Months, Exposing Fragility in India’s Low-Cap Segment
A fresh selloff has hit India’s penny stock universe, with nine counters falling as much as 57% over the past two months and 14 names losing between 20% and 57%. Kalind led the decline, while Cropster Agro and PVV Infra also posted steep losses, underscoring the volatility and liquidity risks that continue to define the lower end of the market. The rout comes as investors reassess speculative positions amid a broader preference for quality and earnings visibility.
