6-Month Multibaggers: Penny Stocks Under Rs 10 to Watch Now

Kiran Shroff
6-Month Multibaggers: Penny Stocks Under Rs 10 to Watch Now

What are penny stocks?

On Friday, the benchmark indices ended the trading session in the green with the BSE Sensex Index down by 0.27 per cent at a level of 79,033 and the NSE Nifty-50 Index down by 0.14 per cent at a level of 24,011. About 2,133 shares have advanced, 1,768 declined and 111 are unchanged on the BSE.

The market capitalisation of BSE-listed companies amounts to Rs 4,39,24,744 crore, accompanied by 267 stocks hitting a 52-week high and 21stocks reaching a 52-week low as of the closing of June 28, 2024.

On the broader market, the indices were trading in green with the BSE Mid-Cap Index up 0.41 per cent and the BSE Small-Cap Index up by 0.56 per cent.

What are Penny Stocks?

In the Indian stock market, you can find exciting opportunities in small, emerging companies with shares priced typically below ₹10. These "micro-cap" stocks offer investors the chance to get in on the ground floor of potentially high-growth businesses. While volatility is a natural part of the discovery process for young companies, careful research can help you uncover promising ventures with the potential for big returns.

Also Read: 1:1 Bonus Share & 10:1 Stock Split: Ashish Kacholia bought 9,10,000 shares of this multibagger civil construction company; Scrip hit upper circuit

Following is the list of penny stocks under Rs 10 that gave multibagger returns in just 6 months:

Company Name

LTP (Rs)

6 Months Returns (%)

Shekhawati Poly-Yarn Ltd

4.61

304

CNI Research Ltd

8.17

240

Rollatainers Ltd

4.55

235

M Lakhamsi Industries Ltd

3.76

219

Shyama Infosys Ltd

6.62

218

Blue Chip India Ltd

4.22

156

Vandana Knitwear Ltd

5.25

148

Sunshine Capital Ltd

3.02

146

GTL Infrastructure Ltd

3.27

141

Padmanabh Industries Ltd

7.76

118

Nila Spaces Ltd

9.99

117

Viji Finance Ltd

3.17

117

Baroda Extrusion Ltd

6.26

114

Ishaan Infrastructures & Shelters Ltd

8.18

114

Minaxi Textiles Ltd

4.10

112

Wagend Infra Venture Ltd

1.91

112

Rolta India Ltd

5.53

111

Franklin Industries Ltd

5.39

106

BGIL Films & Technologies Ltd

9.81

104

Geetanjali Credit and Capital Ltd

4.75

101

Do you own any of these stocks in your portfolio? Do let us know in the comments below

Disclaimer: The article is for informational purposes only and not investment advice. 

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

Rate this article:
3.6

3 comments on article "6-Month Multibaggers: Penny Stocks Under Rs 10 to Watch Now"

Avatar image

Francis J Veliath

I am holding 5000 shares of GTL infra.

Please advise me on this.


Avatar image

Rekhiv Supekar

I don't belive on such stocks, thrirvpricrs are not market governed. Some owner or some interested broker plays with price and as soon as their quantum of profit is earned,, they let that stock go to.rubblrs. I have lost in such stocks.


Avatar image

Kaplal

I have 1000+ GTL shares

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary22-Nov, 2024

Penny Stocks22-Nov, 2024

Mindshare22-Nov, 2024

Penny Stocks22-Nov, 2024

Mindshare22-Nov, 2024

Knowledge

MF15-Nov, 2024

General15-Nov, 2024

MF14-Nov, 2024

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