Penny Stocks Update: These Penny Stocks doubled in August itself!
August month can be said to be the month that belonged to large caps. The BSE Sensex gained by ~6 per cent while BSE SmallCap index slipped by ~3 percent if we consider the data from August 2 till August 27.
The IT stocks outperformed in August even as the Infra stocks and stocks that belong to the Oil & Gas sector outperformed in the past one week.
Several penny stocks managed to catch investors attention in August. We find that at least 14 penny stocks, defined as stocks with traded price below Rs 10 per share, managed to gain more than 100 per cent in August itself.
Here is the list of penny stocks that gained more than 100 per cent in August itself:
|
Sr.No
|
Company Name
|
August Returns (%)
|
|
1
|
Shree Precoated Steels Ltd.
|
139.29
|
|
2
|
Asian Petroproducts & Exports
|
139.24
|
|
3
|
Indo Cotspin Ltd.
|
138.35
|
|
4
|
Kavveri Telecom Products Ltd.
|
136.73
|
|
5
|
Sea TV Network Ltd.
|
131.4
|
|
6
|
Smiths & Founders (India) Ltd.
|
131.34
|
|
7
|
Quantum Build-Tech Ltd.
|
129.23
|
|
8
|
Taaza International Ltd.
|
127.19
|
|
9
|
Ushdev International Ltd.
|
126.8
|
|
10
|
Kakatiya Textiles Ltd.
|
123.08
|
|
11
|
Ajwa Fun World & Resort Ltd.
|
120.12
|
|
12
|
Ramgopal Polytex Ltd.
|
115.48
|
|
13
|
City Online Services Ltd.
|
114.1
|
|
14
|
Ecoboard Industries Ltd.
|
109.47
|