These 7 stocks under Rs 50 turned multibaggers in less than 5 months
1/8
Low Price, High Returns
Investing in low-priced stocks carries risk, so investors should approach them with caution. ETMarkets.com analysed low-priced stocks that have gained over 50% in CY24. For this, we specifically focused on stocks trading below Rs 20 per share as of December 2023, with a market capitalisation exceeding Rs 100 crore. This screening process identified approximately 17 stocks. Interestingly, 7 of these stocks have already surged over 100% in less than 5 months of CY24. (Data Source: ACE Equity)
2/8
Spright Agro
CY24 Price Performance: 354%
CMP: Rs 35
CMP: Rs 35
3/8
Sunshine Capital
CY24 Price Performance: 227%
CMP: Rs 4
CMP: Rs 4
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4/8
Hindustan Motors
CY24 Price Performance: 140%
CMP: Rs 41
CMP: Rs 41
5/8
Vipul
CY24 Price Performance: 137%
CMP: Rs 41
CMP: Rs 41
6/8
Vardhman Polytex
CY24 Price Performance: 112%
CMP: Rs 12
CMP: Rs 12
7/8
PVP Ventures
CY24 Price Performance: 102%
CMP: Rs 29
CMP: Rs 29
8/8
Vintron Informatics
CY24 Price Performance: 101%
CMP: Rs 31
CMP: Rs 31