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Infra stock Sanmit Infra's share price lost almost 50 percent of investor wealth just in the current calendar year, 2024. The penny stock fell from ₹46.80 in December 2023 to currently trade at ₹24.13, implying a decline of as much as 48.4 percent.
The ace investor owns more than 50 stocks, the value of which is estimated to be around Rs 5,000 crore. While multibagger BSE is his largest bet where he held around 1.5% stake at the end of the December quarter, 11 of his bets have given double-digit returns in 2024 so far.
An investment of ₹1 lakh in this stock in January 2021 would have turned into ₹13.32 lakh now.
Cropster Agro's share price has posted multibagger returns just this year so far. The small-cap stock has more than doubled its investor wealth in January.
On a day when the Nifty is trading with strong gains, several investors would be looking at their portfolio and feeling happy about the returns they have made in the smallcap part of their portfolio. This is exactly the opposite of what he or she might have felt just last week when a sharp correction took place in all segments of the markets, especially mid and smallcap stocks. Let the market be volatile, don't make volatile decisions. Now an investor who has taken exposure to small caps should first de-link both these correlations with what is happening to the Nifty. He or she should take a l...