New Delhi: Buyers get enormous earnings within the inventory market and typically in addition they must bear losses. The shares of many corporations have made buyers lakhpatis and crorepatis. On the identical time, there are various corporations in whose shares the buyers have misplaced their capital. That’s the reason earlier than investing within the inventory market, undoubtedly speak to your monetary advisor as soon as. If you don’t do that, you will have to endure monetary loss. One such inventory that has made buyers bankrupt is Future Way of life Fashions Restricted (FLFL). This firm (Future Way of life Fashions Ltd) goes by means of the chapter course of. Its shares are constantly declining. Right this moment the value of this inventory is Rs 4.70. Within the final one yr, it has fallen by 75 %. On the identical time, within the final 5 years, this inventory has fallen by 99 %. A variety of capital of buyers is caught on this inventory.
That is the facility of the inventory market, these 9 shares made folks wealthy in simply 3 months, raining cash
a gradual decline
The shares of Future Way of life Vogue Restricted are witnessing a steady decline. In April 2019, the corporate’s inventory was buying and selling on the stage of Rs 490. Since then, it has been witnessing a decline. At the moment, it has fallen under Rs 5. The corporate has an enormous debt. In response to media experiences, the Mumbai bench of the Nationwide Firm Legislation Tribunal (NCLT) on Might 4 directed to provoke company insolvency decision proceedings in opposition to Future Way of life.
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Cash additionally obtained sunk in these shares
Together with Future Way of life Vogue Restricted, there are various different shares wherein buyers have misplaced cash. These shares embody Jaiprakash Associates, Future Retail, Sure Financial institution, Unitech, Vodafone-Thought. Buyers in these have suffered enormous losses. The shares of those corporations are nonetheless seeing a decline.