Mehai Technology: A Cautionary Tale for Investors, 90% Value Lost in a Year
Share Market
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News18•25-01-2026, 13:37
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.
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