Penny stocks update: These stocks doubled in less than seven months
Despite the correction in the market, these penny stocks have skyrocketed while some delivered more than 1,000 per cent returns.
Sensex as well as Nifty corrected by more than 7 per cent each this year and are seen trading at 54,767 & 16,340 levels, respectively, as of today. BSE Midcap and Smallcap also plunged 7 per cent & 11.5 per cent, respectively.
Despite the correction in the market, these Penny Stocks have skyrocketed while some delivered more than 1,000 per cent returns. Most of the companies belong to the finance, textile, and information technology sectors. Although these sectors also witnessed a decline this year but have still inched higher thereby, outperforming their counterparts.
Following is the list of penny stocks that doubled in a short span of time:
|
Sr.No
|
Company Name
|
Sector
|
Latest Price
|
YTD Returns
|
Price on 03-Jan-2022
|
|
1
|
Kaiser Corporation Ltd
|
Plastic Products
|
102.5
|
3410.27
|
2.92
|
|
2
|
Gallops Enterprises Ltd
|
Finance
|
70.4
|
1443.86
|
4.56
|
|
3
|
Hemang Resources Ltd
|
Trading
|
41.3
|
1223.72
|
3.12
|
|
4
|
Alliance Integrated Metaliks Ltd
|
Capital Goods
|
24.15
|
750.35
|
2.84
|
|
5
|
Sadhna Broadcast Ltd
|
Media & Entertainment
|
13.97
|
565.24
|
2.1
|
|
6
|
Mid India Industries Ltd
|
Textile
|
21.75
|
547.32
|
3.36
|
|
7
|
BLS Infotech Ltd
|
IT
|
4.22
|
539.39
|
0.66
|
|
8
|
Sylph Technologies Ltd
|
IT
|
17.3
|
459.87
|
3.09
|
|
9
|
Panth Infinity Ltd
|
Trading
|
51
|
446.04
|
9.34
|
|
10
|
Beekay Niryat Ltd
|
Trading
|
39.5
|
433.06
|
7.41
|
|
11
|
Zenith Steel Pipes & Industries Ltd.
|
Iron & Steel
|
8.02
|
420.78
|
1.54
|
|
12
|
Madhuveer Com 18 Network Ltd.
|
Trading
|
14.45
|
410.6
|
2.83
|
|
13
|
Impex Ferro Tech Ltd.
|
Ferro Manganese
|
6.78
|
402.22
|
1.35
|
|
14
|
Hemo Organic Ltd.
|
Healthcare
|
38.05
|
389.7
|
7.77
|
|
15
|
Cressanda Solutions Ltd.
|
IT
|
32.55
|
379.38
|
6.79
|
|
16
|
Salem Erode Investments Ltd.
|
Finance
|
40
|
318.85
|
9.55
|
|
17
|
Dhruva Capital Services Ltd.
|
Finance
|
18.9
|
316.3
|
4.54
|
|
18
|
Khoobsurat Ltd.
|
Finance
|
2.15
|
313.46
|
0.52
|
|
19
|
Diligent Industries Ltd.
|
FMCG
|
12.39
|
310.26
|
3.02
|
|
20
|
Sonal Adhesives Ltd.
|
Plastic Products
|
39.95
|
307.65
|
9.8
|
|
21
|
Ramchandra Leasing & Finance Ltd.
|
Finance
|
2.5
|
284.62
|
0.65
|
|
22
|
Balgopal Commercial Ltd.
|
Trading
|
16.2
|
280.28
|
4.26
|
|
23
|
Titan Intech Ltd.
|
Textile
|
19.55
|
272.38
|
5.25
|
|
24
|
Vax Housing Finance Corporation Ltd.
|
Finance
|
2.68
|
252.63
|
0.76
|
|
25
|
Kakatiya Textiles Ltd.
|
Textile
|
19.35
|
238.88
|
5.71
|
|
26
|
Macro International Ltd.
|
Trading
|
26.85
|
234.79
|
8.02
|
|
27
|
Integra Essentia Ltd.
|
Textile
|
4.81
|
229.16
|
1.46
|
|
28
|
Gem Spinners India Ltd.
|
Textile
|
7.04
|
228.97
|
2.14
|
|
29
|
SPS International Ltd.
|
Trading
|
17.85
|
223.96
|
5.51
|
|
30
|
Swadeshi Polytex Ltd.
|
Miscellaneous
|
20.4
|
216.77
|
6.44
|
|
31
|
Gujarat Cotex Ltd.
|
Trading
|
6.04
|
212.95
|
1.93
|
|
32
|
Step Two Corporation Ltd.
|
Finance
|
18.55
|
210.2
|
5.98
|
|
33
|
Quadrant Televentures Ltd.
|
Telecom
|
1.3
|
195.45
|
0.44
|
|
34
|
Jaihind Synthetics Ltd.
|
Trading
|
21.45
|
180.76
|
7.64
|
|
35
|
Yarn Syndicate Ltd.
|
Trading
|
13.86
|
175.55
|
5.03
|
|
36
|
Lesha Industries Ltd.
|
Trading
|
17.27
|
161.27
|
6.61
|
|
37
|
Triveni Glass Ltd.
|
Construction Materials
|
21.65
|
160.22
|
8.32
|
|
38
|
Mercury Metals Ltd.
|
Trading
|
6.19
|
160.08
|
2.38
|
|
39
|
MPS Infotecnics Ltd.
|
IT
|
0.78
|
160
|
0.3
|
|
40
|
Regency Ceramics Ltd.
|
Construction Materials
|
6.53
|
158.1
|
2.53
|
|
41
|
Elegant Floriculture & Agrotech (India) Ltd.
|
Trading
|
13.63
|
151.48
|
5.42
|
|
42
|
Square Four Projects India Ltd.
|
Miscellaneous
|
18.3
|
145.64
|
7.45
|
|
43
|
Haria Apparels Ltd.
|
Miscellaneous
|
4.35
|
144.38
|
1.78
|
|
44
|
DSJ Keep Learning Ltd.
|
Media & Entertainment
|
3.48
|
138.36
|
1.46
|
|
45
|
Landmarc Leisure Corporation Ltd.
|
Media & Entertainment
|
1.38
|
137.93
|
0.58
|
|
46
|
Toyam Industries Ltd.
|
Finance
|
10.07
|
133.64
|
4.31
|
|
47
|
Priya Ltd.
|
Trading
|
19.9
|
132.75
|
8.55
|
|
48
|
Stanpacks (India) Ltd.
|
Plastic Products
|
15.44
|
130.79
|
6.69
|
|
49
|
Ganesh Films India Ltd.
|
Media & Entertainment
|
21.8
|
130.69
|
9.45
|
|
50
|
Gilada Finance & Investments Ltd.
|
Finance
|
18.5
|
127.34
|
8.14
|
|
51
|
Infronics Systems Ltd.
|
IT
|
22.5
|
127.27
|
9.9
|
|
52
|
Modern Steels Ltd.
|
Iron & Steel
|
18.9
|
126.89
|
8.33
|
|
53
|
BCL Enterprises Ltd.
|
Finance
|
2.11
|
126.88
|
0.93
|
|
54
|
Regency Trust Ltd.
|
Finance
|
3.18
|
123.94
|
1.42
|
|
55
|
Tirupati Tyres Ltd.
|
Trading
|
13.69
|
122.24
|
6.16
|
|
56
|
Kush Industries Ltd.
|
Textile
|
8
|
120.39
|
3.63
|
|
57
|
Dynamic Portfolio Management & Services Ltd.
|
Finance
|
21.55
|
118.12
|
9.88
|
|
58
|
Solis Marketing Ltd.
|
Trading
|
0.66
|
112.9
|
0.31
|
|
59
|
Tine Agro Ltd.
|
Textile
|
14.8
|
107.28
|
7.14
|