Wockhardt, Aditya Birla Sun Life among top 10 small cap losers of 2023

In November 2023, the Nifty Smallcap 250 index demonstrated a robust gain of over 10%, surpassing the 6% surge observed in the Nifty 50 index.

However, amidst this overall positive trend, certain small-cap stocks faced substantial declines in their market value, marking them as the top 10 small-cap losers of 2023. Here is a summary of the significant decliners:

Dhani Services Ltd: With a current market price (CMP) of ₹39.91, the stock led the list with a substantial 38.16% decrease in its stock price.

Polyplex Corp Ltd: The stock, currently priced at ₹1,067.50, secured the second position among the biggest small-cap losers, experiencing a sharp 34.49% decline.

Brightcom Group Ltd: At a CMP of ₹19.76, this stock ranked third, registering a notable 32.48% decrease in its stock price.

Delta Corp Ltd: Priced at ₹147.20, the stock held the fourth position with a 32.40% decrease in its stock price over the year.

Wockhardt Ltd: Despite being mentioned as a gainer in the original text, it seems there might be an error. It recorded a 32.35% decrease in its stock price.

Campus Activewear Ltd: With a current CMP of ₹275.25, the stock experienced a significant 32.13% increase in its stock price, making it one of the noteworthy gainers.

TCNS Clothing Co Ltd: Priced at ₹373, the stock recorded a decline of 32.03% in its stock price, positioning it as one of the significant losers.

Thyrocare Technologies Ltd: At a CMP of ₹655, the stock faced a decrease of 31.91% in its stock price, marking it among the top small-cap losers of 2023.

Aditya Birla Sun Life Asset Management: Priced at ₹316.65, the stock witnessed a decline of 29.41% in its stock price, earning its place among the notable losers.

Hikal Ltd: With a current CMP of ₹310.40, the stock experienced a decline of 28.04% in its stock price, securing a position among the top small-cap losers of 2023.