There is constant ups and downs in the stock market. Amidst the ups and downs in the market, there are many stocks which have made investors millionaires in a very short span of time. On the other hand, there are many such stocks in the market in which investors’ money has sunk. These are the stocks that have made investors cry. Those who invested one lakh rupees in these shares now have less than one thousand capital left. Investors have suffered huge losses. At one time these stocks were considered very strong. These stocks once gave good returns to investors, but now investors’ money is sinking. We are going to tell you about the top 7 stocks which have made investors cry.
These stocks have made their investors cry
Shares of wind power company Suzlon Energy had once given bumper profits to investors. But later those who invested in it had to bear heavy losses. Suzlon’s share, which was once trading above Rs 400, has now come down to Rs 20. On January 8, 2008, the shares were trading at Rs.454. At the same time, on June 9, 2023, Suzlon’s shares have come down to Rs 14.01. In which 96.92 percent investors are immersed. However, the stock is showing strength this year.
Jaiprakash Associates
Shares of Jaiprakash Associates had once touched above Rs.340. Whereas today it is trading at Rs.8 level. In the year 2008, on June 4, the share of Jaiprakash Associates closed at Rs.323. At the same time, it has closed at the level of Rs.8 on last Friday. In which about 97 percent of the investors’ capital has sunk.
future retail
Future Retail, the parent company of Big Bazaar, has given a big blow to the investors. On 24 November 2017, the share of Future Retail closed at Rs.640. Which has currently closed at the level of Rs 2.48 on June 9 with a fall of about 99 per cent. This year also the stock is depleting.
yes bank
In the year 2018, on August 20, Yes Bank’s share had reached a level of Rs 404. Whereas, on last Friday i.e. June 9, 2023, it closed at the level of Rs.16.59. In this, investors have suffered a loss of 95.79 percent.
unitech
Shares of real estate investment company Unitech have declined by 13 per cent this year. In the long term, about 99 percent of the capital of investors gets drowned in it. In the year 2008, this stock once reached the level of Rs 547. Whereas on June 9, 2023, it has closed at the level of Rs 1.57 on BSE.
vodafone-idea
Shares of Vodafone Idea were earlier traded as Idea. Investors have invested heavily in this stock. In the year 2007, Vodafone’s stock was trading at Rs 161. While on Friday it closed at Rs 7.35.
future consumer
About 6 years ago in 2017, Future Consumer shares were trading at Rs 78.05. In that too, the investors have suffered huge losses. Last Friday it had closed at just 98 paise. In which 98 percent of the investors’ capital has sunk.
