Background story - Actually this company went into NCLT & equi | The Market Learner 🇮🇳

Background story - Actually this company went into NCLT & equity was written off. So if you had 1000 shares they were converted to just 1 share (Yeah your investment is now 1/1000th of your original investment). Scary right? that's why its said not to invest in such debt burdened companies. It got listed at 4.95 which actually means a price of 0.00495 for past investors (LOL!). Now its trading at 1881 which equals 1.8 rs for past investors. So, even if you had bought this at 2 rs, you are still in a 10% loss till date