DSIJ Mindshare

Don’t turn blind eye to these penny stocks with high PE: All of them turned multibagger within a year!

On the broader market, the indices were trading in green with the BSE Mid-cap Index up 0.91 per cent and the BSE Small-cap Index up by 1.13 per cent.

Kiran Shroff 0 3651 Article rating: 3.6

The market capitalisation of BSE-listed companies amounts to Rs 3,25,40,109 crore as of the closing of November 15, 2023.

Dont turn blind eye to these shares below Rs 100 with high PE as ten of them turn multibagger within a year!

Who says high PE stocks don’t perform?! Here are some of the best-performing stocks that have turned into multi-baggers in just one year

Karan Dsij 12 187496 Article rating: 3.7

A high PE ratio indicates that market participants expect high levels of earnings and growth in the future. Shares are rising faster than earnings in anticipation of improved earnings.

RSS
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR