Sentinel Digital Desk
Any stocks whose price is low in the markets are known as penny stocks. The price of such stocks could be less than Rs 50 which generally attracts investors but the risk is equal high.
These stocks are illiquid and are not popular among investors. Researching and analyzing on these stocks are also very difficult as less information is available. However, such stocks can turn multibaggers giving huge returns to investors in a short time period of time.
These stocks can hit higher circuit in their trade frequently because trading in these stocks is less. However, if one succeeded to find such stock with good fundamentals and if he purchases it at extremely low valuations then in that case he will not regret.
This stock is presently giving a return of 9,100 percent to its investors as it has surged from Rs 1.24 in October 2020 to around Rs 114 currently.
The stock of this company has jumped from Rs 1.48 in October 2020 to Rs 71 currently and its return is 4,717 percent in a year.
Presently, this stock showing up a return of 1,223 percent and has surged from around Rs 3 in October 2020 to around Rs 40 currently.
This stock has soared from Rs 5.5 in October 2020 to Rs 71 and presently it's giving a return of 1,186 percent.
It's giving a return of nearly 700 percent and the price if the stock has jumped from around Rs 5 in October 2020 to around Rs 42 currently.
Presently, the return of this company is 629 percent and the stock has gone from around Rs 25 in October 2020 to around Rs 82 currently.