7 small caps that hurt investors
Although some recovery was seen in the small-cap and mid-cap stocks over the last two months, around 73 companies hit 52-week low on the last trading day of FY19, i.e., March 29, 2019.
All these companies were small-caps with majority stocks having market cap less than Rs. 100 crore. Only 7 companies belonged to the market-cap between Rs. 150 crore to Rs. 3,250 crore. The details are as follows –
Also, over the last one year, i.e. in FY19, the above said stocks have dipped by more than 30 per cent.
It will be interesting to watch how these stocks would perform in FY20, especially after the Lok Sabha elections results are declared in May 2019.