From IT to Wind Energy: 10 Smallcap Stocks That Slumped...

Synopsis: Small-cap stocks including Pine Labs, Newgen Software, Inox Wind, and a few others have emerged among the biggest losers of 2026, reflecting broad-based weakness across fintech, IT, renewable energy, analytics, and healthcare sectors.

Small-cap stocks across sectors such as fintech, information technology, healthcare, renewable energy, infrastructure, geospatial technology, and business process management have witnessed sharp corrections in 2026, reflecting broad-based weakness in the broader market.

Despite operating in diverse and high-growth industries, several companies have seen significant declines this year due to profit booking, valuation concerns, and shifting market sentiment. Here are the 10 small-cap stocks that have fallen the most in 2026.

Pine Labs Ltd

Pine Labs Ltd is a fintech company that provides digital payment, merchant commerce, and lending solutions. It offers point-of-sale (POS) terminals, online payment gateways, Buy Now Pay Later (BNPL) services, and software solutions for merchants and financial institutions.With a market capitalisation of Rs. 17,602 cr, the shares of Pine Labs Ltd closed at Rs. 152.55 per share, down from its previous close of Rs. 155.80 per share. The stock declined by 35% this year.

Newgen Software Technologies Ltd

Newgen Software Technologies Ltd is an enterprise software company specialising in digital transformation solutions. Its offerings include enterprise content management, business process management, customer communication management, and AI-powered automation platforms for businesses.With a market capitalisation of Rs. 7,716 cr, the shares of Newgen Software Technologies Ltd closed at Rs. 541.45 per share, down from its previous close of Rs. 541.60 per share. The stock declined by 35% this year.

C.E. Info Systems Ltd

C.E. Info Systems Ltd, the parent company of MapmyIndia, is a digital mapping and geospatial technology company. It provides navigation, location intelligence, IoT, and GIS solutions to automotive manufacturers, enterprises, and government agencies. With a market capitalisation of Rs. 6,434 cr, the shares of C.E. Info Systems Ltd closed at Rs. 1175 per share, down from its previous close of Rs. 1,176.65 per share. The stock declined by 32% this year.

Syngene International Ltd

Syngene International Ltd is a contract research, development, and manufacturing organisation (CRDMO) serving global pharmaceutical, biotechnology, nutrition, and consumer healthcare companies. It offers integrated drug discovery, development, and manufacturing services.With a market capitalisation of Rs. 16,861 cr, the shares of Syngene International Ltd closed at Rs. 417.70 per share, down from its previous close of Rs. 419.35 per share. The stock declined by 36% this year.

Latent View Analytics Ltd

Latent View Analytics Ltd is a data analytics and consulting company that helps businesses make data-driven decisions. Its services include artificial intelligence, machine learning, business analytics, digital analytics, and data engineering across multiple industries. With a market capitalisation of Rs. 6,267 cr, the shares of Latent View Analytics Ltd closed at Rs. 302.90 per share, down from its previous close of Rs. 305.35 per share. The stock declined by 33% this year.

Inox Wind Ltd

Inox Wind Ltd is a renewable energy company engaged in manufacturing and installing wind turbine generators. It provides end-to-end wind energy solutions, including project development, EPC services, operations, and maintenance. With a market capitalisation of Rs. 13,514 cr, the shares of Inox Wind Ltd closed at Rs. 78.20 per share, down from its previous close of Rs. 78.82 per share. The stock declined by 36% this year.

Birlasoft Ltd

Birlasoft Ltd is an IT services and digital transformation company. It offers cloud computing, enterprise application services, data analytics, cybersecurity, and ERP solutions to clients across manufacturing, banking, life sciences, and other sectors. With a market capitalisation of Rs. 8,059 cr, the shares of Birlasoft Ltd closed at Rs. 288.25 per share, down from its previous close of Rs. 289.60 per share. The stock declined by 33% this year.

Swan Corp Ltd

Swan Corp Ltd is a diversified business group with interests spanning real estate, textiles, construction, and financial investments. The company has also expanded into data center infrastructure and other emerging business opportunities. With a market capitalisation of Rs. 9,732 cr, the shares of Swan Corp Ltd closed at Rs. 310.50 per share, down from its previous close of Rs. 313.25 per share. The stock declined by 33% this year.

KEC International Ltd

KEC International Ltd is a global infrastructure engineering, procurement, and construction (EPC) company. It executes projects across power transmission and distribution, railways, civil infrastructure, urban development, renewable energy, and oil & gas sectors. With a market capitalisation of Rs. 13,184 cr, the shares of KEC International Ltd closed at Rs. 495.30 per share, down from its previous close of Rs. 498.25 per share. The stock declined by 33% this year.

eClerx Services Ltd

eClerx Services Ltd is a knowledge process outsourcing (KPO) and business process management company. It provides data analytics, automation, digital operations, customer experience, and process optimisation services to clients in financial services, telecom, retail, and media industries. With a market capitalisation of Rs. 18,104 cr, the shares of eClerx Services Ltd closed at Rs. 1925 per share, up from its previous close of Rs. 1,759.05 per share. The stock declined by 20% this year.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post From IT to Wind Energy: 10 Smallcap Stocks That Slumped the Most in 2026 appeared first on Trade Brains.