Share Market: First created a millionaire, now this share is pouring the investors; You did not buy
- 9:25 AM August 9, 2022
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Share Market Update: During the year 2021, many stocks have made the directors. But there are some stocks that were rapidly climbing up, the more fast it is coming down. It is difficult to guess the move. They believe in renewing only on the basis of the opinion of the expert. Many times the idea made on the basis of advice of experts gives you good realization. But there are some opportunities that you do not get a realization from the hope of hope. This has happened in the last few years. During the year 2021, many stocks have made the investigators. But there are some stocks that were rapidly climbing up, the more fast they are coming down. In 2021, many Penny Stocks have given bumper literature to the investigators. Many stocks (Multibagger Stocks) also gave crores of crores on the idea of one lakh. In the midst of all this, there is a penny stock, which made a record of speed first, but now it is coming down more fast. If you must have made 1 lakh in this stock a year ago, then you are in profit but if you have bought it at high level, then you are in harm.
This share was 35 paise in January 2021 Today we are talking about Penny Stocks associated with the Agriculture Sector. The name of this company is Equipp Social Impact Technologies. Earlier it was known as Proseed India. On 25 January 2021, this company's stock was 35 paise. At one time this stock also touched a high of 195 rupees. At that time, the amount of one lakh rupees in this stock increased to Rs 2.88 crore. But now this stock is coming down continuously.
This share of Rs 64 from Rs 195 If you have appointed the minimum level in this stock, then you are in profit. But the investor who invests at the high level is in loss. The stock has reached Rs 64.60 in the session closed on Monday. That is, after touching a high of Rs 195, this stock now came to Rs 64.60.
30 thousand left worth one lakh You can understand the damage caused by the share, if you have put 1 lakh rupees at the high level of 195 rupees in it, then today it has come down to about 30 thousand rupees. Yes, at the rate of Rs 195 at the rate of Rs 1 lakh, there will be about 512 shares to the investment.
what the company does This company is associated with trading and seed business of agri commodities. It is engaged in research, development, production, processing, marketing and business for many types of seeds and vegetables. The company was established in 1991 and is headquartered in Hyderabad.Read more: Now the elevated road to land on the ground: NHAI will complete this project, appointed management consultant to prepare DPR