Top-performing low-scrip stocks in June 2021

Some of the ADAG companies also made fresh 52-week highs in the month of June 2021.

Going hand in hand with the overall positive sentiments in the domestic stock markets in June 2021, a number of low-scrip stocks caught investors’ attention as well.  

Many top-performing low-scrips include sugar stocks. Recently, the stocks of sugar companies have been gaining after Prime Minister Narendra Modi announced that the government has resolved to meet the target of 20 per cent ethanol blending in petrol by 2025, which currently stands at 8.5 per cent. This is good news for sugar companies struggling with sugar surplus for years now.   

For Q4FY21, Ramky Infrastructure announced a net profit of Rs 85.52 crore as against a net loss of Rs 175.87 crore incurred in Q4Fy20; thus, cheering investors. The company’s scrip jumped by around 60 per cent in June.  

Some of the ADAG companies also made fresh 52-week highs in the month of June 2021.  

Low-scrip stocks are generally scrips trading at a price of less than Rs 100 per share. In the below table, we have excluded penny stocks (shares that are trading at a price of less than Rs 10 per share).  

List of the top-performing low-scrip stocks in June 2021: