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 –
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Also, over the last one year, i.e. in FY19, the above said stocks have dipped by more than 30 per cent.
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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.