Mehai Technology: A Cautionary Tale for Investors, 90% Value Lost in a Year

• Mehai Technology Ltd shares plummeted 90% in one year, closing at ₹1.45 from a high of ₹16.
• The company, trading in electronic items, conducted a 1:1 rights issue in September 2025 to raise ₹74.11 crore.
• Despite capital raising efforts, investor confidence remained low, and the stock continued its decline.
• Mehai Technology's IPO was in 2017 at ₹40 per share on the BSE SME platform, causing significant losses for early investors.
• The company's financial performance shows limited profit despite a revenue jump in FY24, indicating poor conversion to profit.

Why It Matters: Mehai Technology's stock collapse highlights the risks of investing in companies with weak financial performance.