This stock of Rs 2.5 showed devastation, investors ruined in 2 years!
The condition of the stock market has been so bad for the last few months that people are not talking about it. Most people's portfolios are red. The condition of the market remained the same on last Friday. On february 14, 2025, while the BSE Sensex closed 199.76 points down at 75,939.21, the Nifty closed 102.15 points down at 22,929.25. Well, today we will not tell you about the fall of the market, but about a penny stock that destroyed its investors. This stock, which has been falling continuously for the last 2 years, has so far reduced the wealth of its investors by 86.95 percent.
What is the name of this stock?
The name of the stock we are talking about is SecUR Credentials Ltd. There was a time when the price of one share of this company used to be 31.65 paise. But, today the price of one share has come down to 2.47 paise. The biggest thing is that this decline in SecUR Credentials Ltd has come in the last two years.
Big decline in 2 years
One share of SecUR Credentials Ltd was at Rs 31.65 on 6 january 2023. But after 2 years on 10 february 2025, the price of one share of this company came down to Rs 2 47 paise. Since listing, a decline of more than 86 percent can be seen in this stock.
What work does the company do?
SecUR Credentials Ltd company works in the field of background verification and risk mitigation in India. That is, if a company has to hire new people, then SecUR checks their previous job, education, criminal record, address and references. Apart from this, if any business has to choose a vendor or partner then SecUR also thoroughly investigates them.
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