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

• Vishnu Prakash R Punglia Ltd. stock continues its downward trend, falling ~5% on Jan 1, 2026, marking the second consecutive session of weakness.
• The stock has seen a massive 85% decline from its December 2024 peak of ₹345 and is now trading at half its IPO price of ₹99.
• Heavy selling pressure is evident with over 7 million shares traded by 11 AM, significantly higher than the 20-day average.
• Major institutional investors like Max Life Insurance, Kotak Mahindra Life Insurance, and Sixteenth Street Asian Gems Fund have exited by 2025, while Quant Smallcap Fund increased its stake.
• Retail investor count surged from 47,400 to 120,000 by September 2025, now holding 26.2% of the company, while promoters reduced their stake.

Why It Matters: Vishnu Prakash R Punglia stock crashed 85% from its peak, now half its IPO price amid high selling pressure.