This article lists the 10 worst-performing stocks on the Indian stock market over the past year. Companies from various sectors like plastics, construction, and pharmaceuticals have seen major declines.
Topping the list of worst-performing stocks in the past year is Rajoo Engineers. It hit investors hard with a -74.68% drop. This plastic machinery maker faced issues due to a slump in demand and cost control problems last year.
210
Vishnu Prakash
Vishnu Prakash R's stock fell by -69.52%. The company operates in the construction and infrastructure sector. Delays in new project contracts and cost overruns hurt its revenue.
310
Insolation Energy
Insolation Energy is in third place with a -63.83% decline. This solar panel and renewable energy company was hit by rising production costs and margin pressure.
Ganesha Ecosphere saw a -62.70% drop. Specializing in recycled PET production, its profits fell due to a rise in raw material prices.
510
Themis Medicare
Themis Medicare recorded a -62.44% decline. This pharmaceutical company faced challenges due to a slump in the export market.
610
Jai Balaji Industries
Jai Balaji Industries dropped by -62.42%. This company in the steel manufacturing sector was affected by the global decline in steel prices.
710
Tejas Networks
Tejas Networks is down by -60.68%. Known for telecom equipment, it fell due to order delays and increased competition.
810
Praj Industries
Praj Industries is next on the list with a -57.06% drop. A leader in bioenergy and ethanol, it faced challenges due to government policy changes.
910
Vedant Fashions
Vedant Fashions fell by -56.22%. This fashion company, with brands like 'Manyavar', saw lower profits due to weak wedding season demand and higher costs.
1010
Cohance Life
Cohance Life rounds out the list with a -54.56% drop. This life sciences and API company faced increased margin pressure in the current market environment.
