With February month's decline, thus far in the calendar year 2025, the BSE Smallcap index has plunged 22 per cent. A total of 27 smallcaps hit new all-time lows.
Shares of WPIL were down 8% to Rs 356.65 on the BSE in Tuesday's intra-day trade and quoting lower for the sixth straight trading day, falling 42% during the period on weak Q3 results
Meanwhile, in the past one month, the stock of the industrial products company has zoomed 83 per cent after it reported robust December quarter (Q3FY23) results.
During the financial year 2019-20 (FY20), the operations of the company were adversely affected by the poor environment in the infrastructure and capital goods sector