These are top-performing penny stocks in September 2022, so far!
On the other hand, more than a dozen penny stocks have defied gravity to provide multi-bagger returns to investors.
The year 2022 saw intense selling pressure on the Indian equities after the Ukraine-Russia war. As a result, there was growing global inflation, FPI exodus, tightening monetary policy, geopolitical concerns, and dropping currency.
On the other hand, more than a dozen Penny Stocks have defied gravity to provide multibagger returns to investors. And in the current month, despite the market turbulence, these penny stocks have produced exceptional returns.
Market analysts frequently cautioned investors about anticipating such enormous profits from all penny stocks. Such narratives are merely attention-grabbing yet are weak at their core.
Below is the list of 15 stocks that have delivered outstanding returns in the month of September, so far:
|
Company Name
|
Industry
|
Latest Price
|
Return
|
|
Virgo Global Ltd.
|
IT - Software
|
2.35
|
66.67
|
|
Anupam Finserv Ltd.
|
Finance - NBFC
|
2.88
|
57.38
|
|
Nyssa Corporation Ltd.
|
Trading
|
8.03
|
57.14
|
|
DCM Financial Services Ltd.
|
Finance - NBFC
|
8.97
|
54.39
|
|
KCL Infra Projects Ltd.
|
Construction - Real Estate
|
4.06
|
53.21
|
|
Jagjanani Textiles Ltd.
|
Textile - Weaving
|
3.25
|
52.58
|
|
Anubhav Infrastructure Ltd.
|
Engineering - Construction
|
3.34
|
52.51
|
|
Kashyap Tele-Medicines Ltd.
|
IT - Software
|
2.23
|
51.7
|
|
Madhusudan Securities Ltd.
|
Finance - Investment
|
6.02
|
51.64
|
|
Sambhaav Media Ltd.
|
Printing And Publishing
|
5.26
|
50.72
|
|
Nagarjuna Agri Tech Ltd.
|
Trading
|
5.75
|
47.44
|
|
Aishwarya Technologies and Telecom Ltd.
|
Telecommunication - Equipment
|
5.17
|
46.46
|
|
RCL Retail Ltd.
|
Retailing
|
5.98
|
45.15
|
|
Kush Industries Ltd.
|
Textile
|
7.94
|
44.89
|
|
Quadrant Televentures Ltd.
|
Telecommunication - Equipment
|
2.08
|
44.44
|