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Business
10 Penny Stocks on Gujarat Cotex Drop Up to 75% in Six Months
✍️ The Economic Times
🗓 18 Oct 2026, 01:36 PM
👁 16
Ten penny stocks listed on the Gujarat Cotex exchange have seen their prices fall by as much as 75% over the past six months, according to market data.
Ten penny stocks listed on the Gujarat Cotex exchange have experienced a steep decline, with some shares falling by as much as 75% over the last six months, according to data compiled by market analysts. The stocks, which trade at prices below ₹10 per share, were once seen as high‑risk, high‑reward opportunities for speculative investors.
Penny stocks are known for their volatility and limited liquidity, making them susceptible to sharp price swings. The recent downturn reflects broader market sentiment and a tightening of investor appetite for speculative plays amid rising regulatory scrutiny.
Market data shows that the decline is not isolated to a single sector; the affected stocks span various industries, including textiles, logistics, and consumer goods. The fall has prompted several brokerage firms to issue cautionary notes to clients holding these securities.
Regulators have reiterated that investors should conduct thorough due diligence before investing in penny stocks and that exchanges must enforce stricter listing standards to protect retail investors from excessive volatility.
Penny stocks are known for their volatility and limited liquidity, making them susceptible to sharp price swings. The recent downturn reflects broader market sentiment and a tightening of investor appetite for speculative plays amid rising regulatory scrutiny.
Market data shows that the decline is not isolated to a single sector; the affected stocks span various industries, including textiles, logistics, and consumer goods. The fall has prompted several brokerage firms to issue cautionary notes to clients holding these securities.
Regulators have reiterated that investors should conduct thorough due diligence before investing in penny stocks and that exchanges must enforce stricter listing standards to protect retail investors from excessive volatility.