Smallcap stock crash: Shares of small-cap company Vishnu Prakash R. Punglia Ltd. have fallen by more than 85%. Out of the last 25 trading sessions, the stock has only made gains in four.

Smallcap stock crash: Shares of small-cap company Vishnu Prakash R Punglia Ltd. are under pressure today. On Thursday, January 1st, the first day of the year, its shares fell by up to 5%.

This is the second consecutive trading session in which Vishnu Prakash R. Punglia Limited shares have traded with losses. Out of the last 25 trading sessions, the stock has made gains in only four. At the end of December, the stock had delivered negative returns for eight consecutive months. 

Prices fell by more than 85% 

Shares of infrastructure development company Vishnu Prakash R. Punglia Limited have fallen more than 85 percent from their record high. Its share price, which was ₹345.75 in December 2024, has now reached ₹49.48. Its shares have fallen more than 83 percent in the past year. In the past six months, it has plummeted by more than 70 percent. In the past month, its shares have fallen more than 39 percent. This has caused panic among investors.

Investors are exiting by selling shares. 

Looking at the company's shareholding pattern, Max Life Insurance, Kotak Mahindra Life Insurance Company, and Sixteenth Street Asian Gems Fund held stakes in the company as of September 2023. However, none of these names appear on the shareholder list as of the end of the September quarter in 2025. This clearly indicates that investors are selling shares rapidly. The company's promoters also sold some stake in the September quarter, reducing their stake from 67% to 58%.