Multibagger Stock, Jan. 30 -- Retail investors' most favoured small-cap stocks are at the forefront of the recent market sell-off, causing many high-flying stocks to hit multi-month lows, with some even slipping to one-year lows.
Patel Engineering, one of the major infrastructure and construction companies, is one such stock that couldn't escape from the recent market rout. The stock has tumbled 8% so far this month, reaching Rs.47.80 apiece. To be precise, the stock has been on a downward trajectory since July 2024, losing 27.5% of its value to date. From its February 2024 peak of Rs.79 per share, it has corrected 40%.
The recent crash has resulted in sharp losses for retail investors, who hold the largest stake in the company. Accordi...
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