Small cap stocks wipe out 3 wks' gain in 3 days

in Rs

Sep, 19

Sep, 22

%chg

GTC

148.44

107.7

27.45

M P Glychem

50.10

36.75

26.65

GHCL

123.35

91.35

25.94

Suashish Diamonds

117.90

89.15

24.39

Siyaram Silk

275.80

210.10

23.82

Raipur Alloys

119.90

91.45

23.73

Zicom Electronic

189.80

145.15

23.52

Salora Intl

159.80

122.65

23.25

NRC

73.90

56.75

23.21

Jindal Drilling

289.00

222.95

22.85

 GTC was the largest loser of the lot. It has declined by 27.5 per cent in three days - from Rs 148.44 on Monday to 107.70 on Thursday. Welspun Syntex was down 27 per cent from Rs 16.5 to Rs 12.05, MP Glychem 27 per cent to Rs 36.75 (Rs 50.10), GHCL 26 per cent to Rs 91.35 (Rs 123.35), JCT 26 per cent to Rs 13.55 (Rs 18.20) and Hotline Glass 25 per cent to Rs 14.05 (Rs 18.85).  The stocks that touched lifetime highs on Monday and now traded at one month lows include ITI (Rs 57.75), Raipur Alloys (Rs 91.45), Aksh Optfibre (Rs 61.25), Siyaram Silk (Rs 210.10), Zicom Electronic Security Systems (Rs 145.15 ) and Salora International (Rs 122.65).