Bull run: 5 penny stocks under Rs 5 jump up to 225% in 1 year, turning multibaggers
1/7
Solid Returns
Penny stocks often come with high risk, but in the past year some of them have minted serious wealth. A few counters trading below Rs 5 have delivered returns of up to 225%, making them multibaggers. Here are the top 5 performers.
2/7
Bluegod Entertainment
Bluegod Entertainment has been the top gainer, soaring 226% in a year. The stock closed at Rs 2.71, valuing the company at Rs 149.2 crore, with average daily volumes of more than 1.18 million shares.
3/7
Ramchandra Leasing & Finance
Ramchandra Leasing & Finance delivered 189% returns in the past year. Trading at Rs 4.40, the stock carries a market cap of Rs 22.5 crore and saw average volumes of about 1.85 lakh shares.
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4/7
Landmarc Leisure Corporation
Landmarc Leisure gained 179% in a year, with its stock priced at Rs 2.76. The company has a market cap of Rs 220.8 crore and average daily volumes of nearly 30,000 shares.
5/7
Avance Technologies
Avance Technologies rose 157% over the year. Its stock trades at Rs 2.29, giving the company a market value of Rs 453.9 crore, backed by heavy volumes of over 1.8 crore shares.
6/7
Excel Realty N Infra
Excel Realty N Infra jumped 118% in a year. The stock trades at Rs 1.66, with a market cap of Rs 234.2 crore and average volumes of more than 25 lakh shares.
7/7
Gayatri Highways
Gayatri Highways surged 104% in the last year. Its share price is Rs 2.24, valuing the company at Rs 53.7 crore, with average daily volumes of about 1.3 lakh shares.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)