A person can earn a lot in the stock market, but for that deep understanding and research of the market is necessary. Through which you can invest in suitable stocks. However, the possibility of loss in the stock market also remains. There are many stocks which have made investors miserable. Investing in such stocks can also result in huge losses. One such stock is of Future Retail, a company of Future Group. Once this share was trading above Rs.600 but now that share has come down to Rs.3. The lower circuit is being seen continuously in this stock. The money of those who invested in it has sunk. Therefore, you must consult your financial advisor before investing in the stock market.
Stock continues to break
The stock of Future Group’s company Future Retail is continuously declining. On November 24, 2017, this stock was trading around Rs.645. Whereas on Monday i.e. 26 June 2023 it is trading at Rs.3. However, for some time now, this stock is seeing a slight increase. On Monday, it hit the upper circuit with a gain of five per cent. This stock is in upper circuit since last five days. There has been an increase of more than 17 percent in this. The stock fell to its 52-week low of Rs 2.10 on April 3, 2023. Whereas on July 13, 2023, the price of this share was Rs.7.70. Which is its highest level of 52 weeks.
loss to investors
Investors have suffered huge losses in this stock. This stock has lost more than 99 percent so far. If seen in a period of three years, this stock has fallen by 97 percent. In the last two years, this stock has lost more than 95 percent.
