13 penny stocks surge up to 260% in just 3 months; 2 turn multibaggers. Did you own any?
By Ritesh Presswala, ETMarkets.com |
1/14
Small but Mighty
In the past three months, 13 penny stocks delivered impressive gains ranging from 40% to 260%, including two multibaggers. These outperformers were identified using specific filters: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 lakh shares. This approach helped spotlight low-priced, actively traded micro-cap stocks exhibiting strong upward momentum.
Penny stocks continue to draw interest due to their low price points and high return potential. However, they come with substantial risk, marked by low liquidity, sharp volatility, and limited transparency. For investors, success in this space requires more than luck; it demands discipline, thorough research, and a firm grip on risk management. (Data Source: ACE Equity)
Penny stocks continue to draw interest due to their low price points and high return potential. However, they come with substantial risk, marked by low liquidity, sharp volatility, and limited transparency. For investors, success in this space requires more than luck; it demands discipline, thorough research, and a firm grip on risk management. (Data Source: ACE Equity)
2/14
Evexia Lifecare
3-Month Performance: 261% | Previous Close: Rs 1.77
3/14
Viji Finance
3-Month Performance: 127% | Previous Close: Rs 7.00
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4/14
Empower India
3-Month Performance: 96% | Previous Close: Rs 2.21
5/14
Sadhana Nitro Chem
3-Month Performance: 91% | Previous Close: Rs 2.89
6/14
Danube Industries
3-Month Performance: 75% | Previous Close: Rs 7.19
7/14
Ontic Finserve
3-Month Performance: 59% | Previous Close: Rs 2.19
8/14
Homre
3-Month Performance: 58% | Previous Close: Rs 2.12
9/14
Srestha Finvest
3-Month Performance: 55% | Previous Close: Rs 0.34
10/14
Spectrum Foods
3-Month Performance: 46% | Previous Close: Rs 18.18
11/14
Consecutive Commodities
3-Month Performance: 40% | Previous Close: Rs 1.01
12/14
NHC Foods
3-Month Performance: 40% | Previous Close: Rs 1.09
13/14
Anlon Healthcare
3-Month Performance: 40% | Previous Close: Rs 15.86