Do you have these penny stocks in your portfolio that glittered so far in 2021?
A total of 239 stocks turned multi-baggers and have more than doubled investors' wealth on a YTD basis.
Despite the risks of investing in penny stocks, investors have been tempted by the fantastic returns rewarded by penny stocks in the past seven months in 2021. Doubling one's money is always exciting! A total of 239 stocks turned multi-baggers and have more than doubled investors' wealth on a YTD basis.
Rallying from 449 per cent to 1,272 per cent, these top 20 penny stocks have delighted investors in 2021. This has indicated the bulging profit of investors parking money in penny stocks in comparison with other investors, who tend to avoid investing in penny stocks.
On the top of the list is Kanel Industries bagging a gain of 1,272.92 per cent so far in 2021. It is followed by SIEL Financial Services zooming by 1,191.91 per cent and Jainco Projects (India), exhibiting growth of 1,175.56 per cent. Meanwhile, Available Finance Ltd grew by 1,025.19 per cent on a YTD basis.
Following is the list of top 20 penny stocks glowing in 2021, so far -
|
Company name
|
Price - 1 Jan 2021
|
Price - 30 July 2021
|
YTD returns (per cent)
|
|
Kanel Industries Ltd
|
0.48
|
6.28
|
1272.92
|
|
SIEL Financial Services Ltd
|
1.73
|
21.29
|
1191.91
|
|
Jainco Projects (India) Ltd
|
0.45
|
5.48
|
1175.56
|
|
Available Finance Ltd
|
6.67
|
79
|
1025.19
|
|
Kome-On Communication Ltd
|
0.38
|
4.13
|
934.21
|
|
Flomic Global Logistics Ltd
|
1.95
|
16.49
|
787.69
|
|
Cressanda Solutions Ltd
|
0.28
|
2.34
|
775
|
|
Adinath Textiles Ltd
|
1.71
|
13.31
|
716.96
|
|
Sreechem Resins Ltd
|
4.78
|
38.15
|
696.03
|
|
Tamilnadu Telecommunications Ltd.
|
2.57
|
16.71
|
582.49
|
|
Nyssa Corporation Ltd
|
1.01
|
6.57
|
582.18
|
|
Cranes Software International Ltd
|
0.57
|
3.95
|
566.67
|
|
Unistar Multimedia Ltd
|
1.79
|
10.64
|
524.02
|
|
PMC Fincorp Ltd
|
0.45
|
2.92
|
517.78
|
|
Supertex Industries Ltd
|
2.12
|
12.21
|
504.72
|
|
Mahamaya Investments Ltd
|
0.6
|
3.66
|
480
|
|
NCL Research & Financial Services Ltd
|
0.3
|
1.82
|
476.67
|
|
Steel Strips Infrastructures Ltd
|
4.1
|
22.02
|
463.9
|
|
Fortune International Ltd
|
9.6
|
51.5
|
463.02
|
|
GTL Infrastructure Ltd
|
0.73
|
4.22
|
449.32
|