7 penny stocks with impressive trading volumes soar over 100% in 2023
1/8
Small but Mighty
Many investors opt for penny stocks with the hope of achieving quick and massive returns on their investments. Nevertheless, it's crucial to acknowledge the inherent risk associated with penny stock investments, given that many of these stocks have low trading volumes.
ETMarkets has identified 29 penny stocks that turned into multibaggers in the calendar year 2023. Our selection process involved identifying stocks currently priced below Rs 20 per share with a market capitalization of below Rs 500 crore. We further refined our selection by choosing only those stocks that boasted a trading volume exceeding 50 thousand for both their latest traded volume and 1-month average traded volume, resulting in a final selection of seven stocks meeting these criteria.
ETMarkets has identified 29 penny stocks that turned into multibaggers in the calendar year 2023. Our selection process involved identifying stocks currently priced below Rs 20 per share with a market capitalization of below Rs 500 crore. We further refined our selection by choosing only those stocks that boasted a trading volume exceeding 50 thousand for both their latest traded volume and 1-month average traded volume, resulting in a final selection of seven stocks meeting these criteria.
2/8
Mauria Udyog | Price Return in CY23 so far: 229%
Previous Close (October 6): Rs 11.50
Last Trade Volume: 59,172 | 1-Month Average Trade Volume: 85,524
Last Trade Volume: 59,172 | 1-Month Average Trade Volume: 85,524
3/8
Comfort Intech | Price Return in CY23 so far: 203%
Previous Close: Rs 7.90
Last Trade Volume: 52,66,882 | 1-Month Average Trade Volume: 24,18,523
Last Trade Volume: 52,66,882 | 1-Month Average Trade Volume: 24,18,523
Amazon Top Deals
POWERED BY
Crompton Ozone 75 Litres Desert Air Cooler for home | Large & Easy Clean Ice Chamber | 4-Way Air Deflection | High Density Honeycomb Pads | Everlast Pump | Auto Fill| 3 Year Brand Warranty
₹9,798Buy Now43%
OFF
LG 32 L Convection Microwave Oven (MC3286BRUM, Black, 360° Motorised Rotisserie for Bar-be-queing, 301 Auto Cook Menu, Stainless steel cavity, Indian Cuisine, Tandoor Se, Steam Clean & Diet Fry)
₹19,340Buy Now19%
OFF
4/8
​Vivanta Industries | Price Return in CY23 so far: 202%
Previous Close: Rs 4.68
Last Trade Volume: 4,20,513 | 1-Month Average Trade Volume: 6,03,508
Last Trade Volume: 4,20,513 | 1-Month Average Trade Volume: 6,03,508
5/8
BSEL Infrastructure Realty | Price Return in CY23 so far: 160%
Previous Close: Rs 12.58
Last Trade Volume: 1,14,321 | 1-Month Average Trade Volume: 2,12,030
Last Trade Volume: 1,14,321 | 1-Month Average Trade Volume: 2,12,030
6/8
Kenvi Jewels | Price Return in CY23 so far: 154%
Previous Close: Rs 8.47Last Trade Volume: 1,11,994 | 1-Month Average Trade Volume: 3,49,184
7/8
Tarini International | Price Return in CY23 so far: 146%
Previous Close: Rs 11.83
Last Trade Volume: 51,000 | 1-Month Average Trade Volume: 58,235
Last Trade Volume: 51,000 | 1-Month Average Trade Volume: 58,235
8/8
Tatia Global Vennture | Price Return in CY23 so far: 117%
Previous Close: Rs 3.24
Last Trade Volume: 1,99,353 | 1-Month Average Trade Volume: 1,66,960
Last Trade Volume: 1,99,353 | 1-Month Average Trade Volume: 1,66,960