Market Shockers! These 10 Stocks Destroyed Investor Wealth

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.

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Rajoo Engineers

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. 

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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.

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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. 

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Ganesha Ecosphere

Ganesha Ecosphere saw a -62.70% drop. Specializing in recycled PET production, its profits fell due to a rise in raw material prices. 

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Themis Medicare

Themis Medicare recorded a -62.44% decline. This pharmaceutical company faced challenges due to a slump in the export market. 

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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. 

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Tejas Networks

Tejas Networks is down by -60.68%. Known for telecom equipment, it fell due to order delays and increased competition. 

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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.

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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. 

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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.