Top performing penny stocks gained up to 468 per cent on YTD basis

Top performing penny stocks gained up to 468 per cent on YTD basis

Yogesh Supekar
/ Categories: Trending, DSIJ News

Few of the penny stocks have turned out to be multibagger stocks like Jainco Projects ( India) Ltd gaining as much as 468 per cent.

The equity markets have been on song in 2021 carrying its momentum from 2020. The broader markets have outperformed the frontline indices in 2021 with several small caps and micro caps companies doubling in prices in 2021 alone. 

Penny stocks are not left far behind and are seen participating in the current liquidity and earnings driven rally. Few of the penny stocks have turned out to be multibagger stocks like Jainco Projects ( India) Ltd gaining as much as 468 per cent. Chitradurga Spintex , a Textile company multiplied its price by four times while Advik Capital from capital goods sector gained 378 per cent. 

There are stocks like Trijal Industries which doubled in May itself , gaining 108 per cent followed by TechIndia Nirman from infrastructure sector that gained more than 102 per cent since the beginning of this month.

Following is the list of top performing penny stocks in 2021 so far : 

Company Name

Latest Market Cap (Rs crore)

YTD Returns (per cent)

Jainco Projects (India) Ltd

2.56

468.89

Chitradurga Spintex Ltd

0.37

400

Advik Capital Ltd

13.4

378.69

SIEL Financial Services Ltd

9.17

367.05

Tantia Constructions Ltd

25.81

349

Flomic Global Logistics Ltd

6.16

338.46

Nyssa Corporation Ltd

13.17

334.65

Proseed India Ltd

0.5

323.68

Looks Health Services Ltd

9.44

320.09

Kanel Industries Ltd

3.68

316.67

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