Penny stocks' 1-yr returns up to a whopping 65,000%. Here are 10 biggest multibaggers
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Top Multibaggers
Often bought by investors for quick gains, penny stocks too made news in 2024 with a clutch of them rising by more than 1,000% within a year. ET has identified 15 stocks which have risen by up to 65,000%. Here's a list of top ten gainers:
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Sri Adhikari Brothers
Sri Adhikari Brothers Television Network has risen by 65,115%. The company reported a turnover of Rs Rs 2.8 crore in FY24 while a loss of Rs 21 crore.
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Aayush Food & Herbs
Shares of Aayush Food & Herbs have risen by 4,155% in CY24. ITs net sales and PAT in FY24 stood at Rs 60 lakh.
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Marsons
Shares of Marsons have rallied 2579% in this year. Company's net sales in FY24 stood at Rs 6.5 crore while its net profit in the last financial year stood at 60 lakh.
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BITS
BITS is a BSE listed stock that has delivered returns of 1,997%. The net sales was reported at Rs 1 crore in the year ended March 31, 2024.
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Vantage Knowledge Academy
Share of Vantage Knowledge Academy grew by 1,910%. The company reported FY24 net sales at Rs 4.3 crore while PAT at Rs 1.4 crore.
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Ace Angitech
Shares of Ace Angitech shot-up by 1,893%. The company reported a loss of Rs 20 lakh in FY24.
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Healthy Life Agritech
One year price jump in Healthy Life Agritech stood at 1,661%. FY24 net sales stood at Rs 133 crore while PAT in the said FY stood at Rs 2.5 crore.
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Ashika Credit Capital
Share of Ashika Credit Capital jumped by 1,618% in the past one year. FY24 net sales stood at Rs 18.4 crore while PAT in the said FY stood at Rs 10.7 crore.
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Vuenow Infratech
Share of Vuenow Infratech have rallied 1,598% in the past one year. FY24 net sales stood at Rs 37.7 crore while PAT in the said FY stood at Rs 5.1 crore.
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ITCONS E-Solutions
Share of ITCONS E-Solutions have rallied 1,567%. FY24 net sales stood at Rs 28.5 crore while PAT in the said FY stood at Rs 1.9 crore.