In FY26 so far, 11 penny stocks have fallen between 30% and 70%. These laggards were identified using specific filters: a market cap below Rs 1,000 crore, a stock price under Rs 20, and a minimum recent trading volume of 5 lakh shares. The screening aimed to highlight low-priced, high-volume small-cap stocks that have significantly underperformed this fiscal year. (Data Source: ACE Equity)