Top performing penny stocks in October 2020
In October 2020, Sensex recovered by 2.37 per cent whereas, the index had declined by 2.14 per cent in September 2020. Taking advantage of the strong upward trend, many penny stocks recorded positive returns in the month of October.
The stock markets witnessed volatility in October 2020 due to the upcoming US Presidential elections, rising Coronavirus cases, and delay in US stimulus. In spite of these hurdles that created small moments of panic in markets, penny stocks have been able to overcome the situation and continue their gaining momentum.
Penny stocks trending in the month of October 2020 mostly belong to financial as well as realty sectors.
Below is a list of some of the top-performing penny stocks in October 2020:
| Company Name |
LTP (Rs) |
Returns since October 1 TD (per cent) |
| Vivid Mercantile Ltd |
28.45 |
204.82 |
| Tata Teleservices (Maharashtra) Ltd |
7.45 |
152.54 |
| Noida Toll Bridge Company Ltd |
7.45 |
119.12 |
| Sagar Productions Ltd |
9.68 |
119 |
| Sulabh Engineers & Services Ltd |
2.15 |
104.76 |
| Universal Office Automation Ltd |
4.57 |
95.3 |
| Trimurthi Ltd |
7.09 |
86.58 |
| SR Industries Ltd |
3.3 |
80.33 |
| Shree Precoated Steels Ltd |
5.1 |
80.21 |
| PG Industry Ltd |
4.64 |
79.15 |
| Videocon Industries Ltd |
3.82 |
76.04 |
| Mega Corporation Ltd |
0.86 |
75.51 |
| Gopala Polyplast Ltd |
4.73 |
73.9 |
| Sintex Industries Ltd |
3.46 |
73.87 |
| Rishi Laser Ltd |
9.82 |
72.28 |
| Shreyas Intermediates Ltd |
5.84 |
70.26 |
| Gemstone Investments Ltd |
2.55 |
68.87 |
| Amit Securities Ltd |
2.66 |
67.3 |
| PVV Infra Ltd |
8.77 |
65.47 |
| Maharashtra Corporation Ltd. |
0.33 |
65 |
| Data as of October 29, 2020. |