These penny stocks gained up to 72 per cent in 2021

These penny stocks gained up to 72 per cent in 2021

Geyatee Deshpande
/ Categories: Trending, DSIJ News

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

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