These penny stocks are blazing an amazing winning streak!
We are seeing retail investors actively participating in the markets for a year or so. Along with the rise in retail investors' activity, the attraction for investing or trading in penny stocks has also soared. Retail investors’ love for penny stocks is not new. ‘Want to become rich quickly? Buy penny stocks!’ This is the perception that a lot of investors still carry with them.
Retail investors are not to be blamed for such a perception; after all, penny stocks do tend to surprise on several occasions and especially when we are witnessing such a terrific bull run in the Indian stock market. In the Indian stock market, we have seen many stories of penny stocks becoming multi-baggers over a period of time. However, the big challenge in investing in the penny stock is ‘to find a needle in a haystack’. The probability of striking a multi-bagger penny stock is extremely low.
Here is the list of some of the ‘mega mover’ penny stocks in the last ten trading sessions. Furthermore, these stocks have been closing in green in 10 out of the last 10 trading sessions i.e., from June 4 to June 17. Also, we have considered only those stocks, which have jumped more than 50 per cent in the last ten trading sessions.
Note: Stocks below Rs 20 were considered as penny stock.
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CompanyName
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Jun-17
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Jun-16
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Jun-15
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Jun-14
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Jun-11
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Jun-10
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Jun-09
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Jun-08
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Jun-07
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Jun-04
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Returns Per cent
|
|
DHARNISUGR
|
19.1
|
18.2
|
17.35
|
16.55
|
15.8
|
15.05
|
14.35
|
13.05
|
11.9
|
10.85
|
76.04
|
|
PBA INFRA
|
15.75
|
15
|
13.65
|
12.45
|
11.35
|
10.85
|
10.35
|
9.9
|
9.45
|
9
|
75.00
|
|
LANDMARK PRO
|
4.25
|
4.05
|
3.9
|
3.75
|
3.6
|
3.45
|
3.3
|
3
|
2.75
|
2.5
|
70.00
|
|
GTL
|
17.05
|
16.25
|
15.5
|
14.8
|
14.1
|
13.45
|
12.85
|
12.25
|
11.7
|
11.15
|
52.91
|
|
ANDRACEMENTS
|
16.2
|
15.45
|
14.75
|
14.05
|
13.4
|
12.8
|
12.2
|
11.65
|
11.1
|
10.6
|
52.83
|
|
ATLANTA LTD
|
15.8
|
15.05
|
14.35
|
13.7
|
13.05
|
12.45
|
11.9
|
11.35
|
10.85
|
10.35
|
52.66
|
|
RELIANCE POW
|
15.1
|
14.4
|
13.75
|
13.1
|
12.5
|
11.95
|
11.4
|
10.9
|
10.4
|
9.95
|
51.76
|
|
PENINSULA LA
|
12.8
|
12.25
|
11.7
|
11.15
|
10.65
|
10.15
|
9.7
|
9.25
|
8.85
|
8.45
|
51.48
|