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Despite mad rally in smallcaps, value of these 5 stocks more than halved in 2023

About 146 stocks have given negative returns on a year-to-date basis in the smallcap segment, of which, around 97 stocks have seen a double-digit fall.

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MC Markets Graphixstory: Multibaggers that turned biggest wealth destroyers of 2023

The data for 2023 shows Adani Enterprises, Adani Green Energy, Adani Total Gas , Adani Energy Solutions and Adani Wilmar plummeted in the 25-75 percent range this year

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Mirza International Ltd consolidated Q2 FY24 PAT at Rs 4 01 crore

Mirza International Ltd consolidated Q2 FY24 PAT at Rs 4 01 crore
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Adani Total Gas, Mirza International, and more: These stocks fell up to 83% so far in 2023

Shares of Adani Total Gas have fallen the most in 2023, followed by Mirza International

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bull market: Game is still on and the bull market continues; we will see newer highs: Amit Jeswani

“I believe the game is just starting. In consumer companies, once you cross Rs 100-crore profit mark, in the next three-four-five years, typically you end up moving to Rs 500 crore and that is the pattern in all consumer companies. That is what I expect in RedTape also but we will hold the stock till the time there is execution. If there is no execution, we at Stallion have better choices and will move out.”

Uttar pradeshAmit jeswaniSanjay guptaRajiv jainShuja mirzaOffering collegeIndian school of businessMirza internationalIndigo airlinesStallion assetLeadership excellenceMarketing officerRed tapeMight also likeShoppers stopBajaj finance

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