These penny stocks gained up to 72 per cent in 2021
Penny stocks caught investors' attention in 2020 and are showing all signs of doing well even in 2021.
In January itself, we have as many as 38 penny stocks that gained more than 50 per cent. An impressive 229 stocks have gained more than 20 per cent while as many as 344 gained more than 10 per cent in January.
Ashirwad Capital, with a market cap of Rs 17.24 crore, turned out to be the top-performing penny stock of the month so far, gaining by more than 72 per cent. Angel Fibers and Bio Green Papers were the other two top-performing penny stocks in January, gaining 68 per cent and 67 per cent, respectively.
Here is a list of the top 10 performing penny stocks:
Company Name
|
Sector
|
Market Cap (Rs crore)
|
Returns from January 1,2021 to January 18,2021(per cent)
|
Ashirwad Capital Ltd
|
Finance
|
17.24
|
72.4
|
Angel Fibers Ltd
|
Textile
|
29.63
|
68.09
|
Bio Green Papers Ltd
|
Paper
|
7.51
|
67.24
|
RTCL Ltd
|
Realty
|
7.37
|
66.4
|
Fortune International Ltd
|
Trading
|
11.17
|
65.31
|
Trans Freight Containers Ltd
|
Capital Goods
|
6.66
|
64.86
|
Kush Industries Ltd
|
Textile
|
2.53
|
64.36
|
Nyssa Corporation Ltd
|
Trading
|
4.98
|
64.36
|
N2N Technologies Ltd
|
Finance
|
2.22
|
64.35
|
Visagar Polytex Ltd
|
Finance
|
46.54
|
63.92
|