Keep an eye on these 45 penny stocks that gave multibagger returns on YTD basis!
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on April 11, 2024, for Eid-Ul-Fitr (Ramzan Id).
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on April 11, 2024, for Eid-Ul-Fitr (Ramzan Id). Trading in equities, derivatives, SLBs, currency derivatives, as well as the interest rate derivatives segment too will remain shut for the day.
On Wednesday, April 10, 2024, the stock market ended the day in green with the BSE Sensex Index up by 0.47 per cent at a level of 75,038.15 and the NSE Nifty-50 Index up by 0.49 per cent at a level of 22,753.80.
Penny Stocks, typically trading below Rs 100 per share, are attractive for their potential for high returns. Some penny stocks can become multibaggers, increasing in value many times over. Investors are drawn to penny stocks for the chance at big gains with a small investment. Multibagger penny stocks offer the allure of explosive growth, but this comes with significant risk. These companies are often small, lack liquidity, and may have limited track records, making them highly volatile and prone to crashes.
Also Read: What is Book Value and Book Value Per Share? Importance & limitations of book value!
Following is the list of penny stocks that gave multibagger returns on a YTD basis:
|
Company Name
|
LTP (Rs)
|
YTD Returns (%)
|
|
Sri Adhikari Brothers Television Network Ltd
|
58.46
|
1624
|
|
Kisan Mouldings Ltd
|
70.90
|
424
|
|
Marsons Ltd
|
39.69
|
394
|
|
IITL Projects Ltd
|
63.41
|
277
|
|
Cinerad Communications Ltd
|
59.17
|
269
|
|
Spright Agro Ltd
|
28.90
|
264
|
|
Royal India Corporation Ltd
|
13.07
|
234
|
|
Gyan Developers & Builders Ltd
|
26.98
|
230
|
|
Markobenz Ventures Ltd
|
55.44
|
226
|
|
Sunshine Capital Ltd
|
3.76
|
206
|
|
Shyama Infosys Ltd
|
6.26
|
201
|
|
Mahan Industries Ltd
|
3.18
|
200
|
|
Oswal Yarns Ltd
|
16.87
|
198
|
|
Madhusudan Securities Ltd
|
33.32
|
197
|
|
Aerpace Industries Ltd
|
14.75
|
189
|
|
Colab Cloud Platforms Ltd
|
18.59
|
181
|
|
Telogica Ltd
|
19.80
|
173
|
|
Yaan Enterprises Ltd
|
74.38
|
169
|
|
Mini Diamonds (India) Ltd
|
47.74
|
165
|
|
Promax Power Ltd
|
71.50
|
164
|
|
Bacil Pharma Ltd
|
17.10
|
163
|
|
Inland Printers Ltd
|
53.15
|
163
|
|
Tirth Plastic Ltd
|
56.49
|
161
|
|
International Data Management Ltd
|
36.26
|
157
|
|
Constronics Infra Ltd
|
43.46
|
152
|
|
PVP Ventures Ltd
|
36.56
|
151
|
|
Vuenow Infratech Ltd
|
13.72
|
150
|
|
Amalgamated Electricity Company Ltd
|
94.70
|
143
|
|
Rolta India Ltd
|
6.75
|
140
|
|
Shekhawati Poly-Yarn Ltd
|
2.73
|
139
|
|
Bangalore Fort Farms Ltd
|
48.85
|
127
|
|
Caspian Corporate Services Ltd
|
67.79
|
120
|
|
Suvidha Infraestate Corporation Ltd
|
18.70
|
119
|
|
Tijaria Polypipes Ltd
|
14.33
|
118
|
|
Inter Globe Finance Ltd
|
70.60
|
117
|
|
Kay Power and Paper Ltd
|
40.67
|
114
|
|
Vandana Knitwear Ltd
|
4.53
|
114
|
|
Gujarat Lease Financing Ltd
|
10.61
|
113
|
|
Softrak Venture Investment Ltd
|
13.23
|
112
|
|
Trishakti Industries Ltd
|
62.70
|
109
|
|
Vikalp Securities Ltd
|
24.44
|
109
|
|
Harshil Agrotech Ltd
|
8.85
|
107
|
|
Mid-East Portfolio Management Ltd
|
8.60
|
107
|
|
Tahmar Enterprises Ltd
|
5.22
|
103
|
|
Gujarat Terce Laboratories Ltd
|
57.93
|
103
|
Do you own any of these stocks in your portfolio? Do let us know in the comments below
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. This service is available as part of the "Festive Savings" combo offer discounted at 51%. Do download the service details here.