Top-performing penny stocks for Q2CY2021: 28 stocks turn multibaggers, DNAMEDIA jumps 407 per cent in just 3 months!

The outperformance of the broader markets was a boon for the market participants as a lot of stocks were seen delivering multifold returns during April-June quarter, which is Q2CY2021.

Despite ending the last three trading sessions in red, Nifty ended the month of June in green as it registered gains of 0.89 per cent for the month of June.    

The April-June quarter was also a fantastic one for Nifty as it jumped about 7 per cent within the month of May alone as the index managed to gain as much as 6.50 per cent. However, the month of April was a subdued month, where it lost close to half a per cent. During April-June quarter, the broader markets outperformed the benchmark indices with Nifty Midcap and Smallcap soaring nearly 14 per cent and 20 per cent, respectively. 

The outperformance of the broader markets was a boon for the market participants as a lot of stocks were seen delivering multifold returns during April-June quarter, which is Q2CY2021. So, let’s move on and look, which were the top-performing penny stocks for Q2CY2021. Stocks, whose price is up to Rs 20, are being considered as penny stocks in this article. There are about 28 penny stocks from NSE, which gave returns in excess of 100 per cent in April-June quarter. Out of which, Diligent Media Corporation (DNAMEDIA) emerged as the top performer as it jumped 407 per cent during the quarter, followed by Reliance Power, Gammon Infrastructure Projects, Landmark Property Development Company & RattanIndia Power, which gained 244.83, 228.57, 225.64, and 215.69 per cent, respectively.   

Here is the list of penny stocks that turned multi-bagger during April-June quarter: