Vishnu Prakash R Punglia Stock Plummets 85% from Peak, Halves IPO Price

• Vishnu Prakash R Punglia Ltd. stock crashed 85% from its December 2024 peak of ₹345.
• The stock has also halved from its IPO price of ₹99, now trading at ₹50.31.
• It recorded negative returns for eight consecutive months and gained in only 4 of the last 25 sessions.
• Trading volumes surged on Thursday, January 1, indicating strong selling pressure.
• Promoters reduced stake, while retail investors increased holdings; several institutional funds exited.

Why It Matters: Infra services provider Vishnu Prakash R Punglia stock faces severe crash, losing 85% from peak.