{
  "id": 11854485,
  "title": "Portfolio Pain! 9 penny stocks crash up to 57% in two months. Do you own any?",
  "url": "https://urgent.news/2026/10/04/portfolio-pain-9-penny-stocks-crash-up-to-57-in-two-months-do-you-own",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-04T03:52:13.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/9-penny-stocks-crash-up-to-57-in-just-2-months/slideshow/134669386.cms"
  },
  "original_language": "en",
  "account": "In a recent two-month period, 14 penny stocks experienced significant declines, with losses ranging from 20% to an alarming 57%. These stocks, identified by a screen that targeted companies with a market capitalization under Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares, demonstrated notable downturns. The data, sourced from ACE Equity, highlights the precarious nature of these low-priced, relatively liquid penny stocks. Among the affected stocks, one had a 2-month performance of -57%, falling from a previous close of Rs 4.24 to a current value of Rs 1.73. Another stock saw a 52% drop, moving from Rs 2.55 to Rs 1.23. The performance of these penny stocks serves as a cautionary tale for investors who may have inadvertently acquired them.",
  "summary": "In recent months, the penny stock sector faced a downturn as several stocks plummeted in value. A total of 14 stocks witnessed price drops between 20% and 57%. Notably, Kalind experienced the steepest decline at 57%. Additionally, Cropster Agro and PVV Infra reported decreases of 52% and 41%, respectively, signaling a tough market for lower-value stocks.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}