5 Penny Stocks: The Indian stock market witnessed a strong performance on Wednesday, with both benchmark indices closing in the green. Sensex ended at 82,755, while Nifty 50 closed at 25,244 both showing notable gains.
Amidst this bullish sentiment, a handful of penny stocks have grabbed investors’ attention by delivering astonishing multibagger returns over the past year.
5 Penny Stocks Delivering Explosive Returns
Despite their low prices ranging between ₹2 and ₹7, these 5 penny stocks have generated extraordinary gains, some even crossing the 570% return mark in just 12 months. Their performance stands out, especially given their small market capitalization and limited liquidity.
Pro Fin Capital Services Leads the Pack
Topping the list is Pro Fin Capital Services, with a market cap of ₹213.3 crore. The stock has delivered an eye-popping 573% return in a year. On Wednesday, it closed at ₹7.33, up by 1.81%.
Nibe Ordnance and Maritime Shows Strong Growth
With a modest market cap of ₹1 crore, Nibe Ordnance and Maritime has given investors a 331% return in the past year. Its latest market price is ₹6.21.
G-Tech Info-Training Joins the Multibagger Club
G-Tech Info-Training, having a market cap of ₹2.3 crore, is next on the list. This stock has surged 314%, currently trading at ₹6.63.
Shivamshree Businesses Stands Out Despite Low Price
Priced at just ₹1.9, Shivamshree Businesses has a market cap of ₹8.7 crore and returned 296% over the last year, making it a strong performer among low-priced stocks.
Mahan Industries Rounds Out the List
Finally, Mahan Industries, with a market cap of ₹3.4 crore, has delivered a 289% return in 12 months. Its current trading price is ₹7.54.
Conclusion
These 5 penny stocks have defied market expectations, delivering multibagger returns despite their modest size and low prices. For risk-tolerant investors eyeing high growth potential, these stocks may offer exciting opportunities, though caution is always advised when dealing with low-cap equities.
Disclaimer: This article is for informational purposes only. Investing in penny stocks is risky. Please do your own research or consult a financial advisor before investing.
