Multi loser Stocks: 7 Shares that Failed to Deliver Returns
Investing in the stock market can lead to significant returns, but it also comes with a high risk of losing a considerable portion of your investment. Here are seven shares that once looked promising but have since delivered a significant blow to investors’ portfolios.
Yes Bank: Yes Bank, a private sector bank, reached an intraday high of INR 404 on August 20, 2018, before closing at INR 394. However, as of June 9, 2023, it has fallen to just INR 16.59, resulting in a loss of 95.79% for investors. This year, Yes Bank’s shares have fallen by more than 23%.
Suzlon Energy: Suzlon Energy’s shares were once at a high point in the market. However, the share price has since plummeted, causing investors to suffer significant losses. On June 9, 2023, Suzlon’s shares closed at just INR 14.01, resulting in a loss of 96.92% for investors. This year, Suzlon Energy’s shares have grown stronger by almost 31%.
Future Consumer: Future Consumer’s stocks once looked promising, with a closing price of INR 78.05 on December 26, 2017. However, as of June 9, 2023, the stock has fallen to just INR 0.98, resulting in a loss of 98.74% for investors. This year, Future Consumer’s shares have fallen by more than
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