Some stocks are under performing because of FCCB, or The important thing to consider here is the maturity date, even as some stocks are feeling the pinch even more due to the FCCB conversion price being way higher than the current market price (CMP). In most of these stocks’ cases, the CMP is almost 50-70% higher than the CMP. The FCCBs: Conversion to market prices FCCBs: Companies under pressure FCCBs: