These multibagger penny stocks skyrocketed up to 203 per cent in just one month! Do you own them?

Here is a list of the top multibaggers that have more than doubled investors' wealth!

The Indian benchmark indices plunged heavily in the last month (December 12, 2022-January 11, 2023) following the Federal Reserve's decision to raise interest rates, with the majority of global indices falling amid fears of an economic slowdown.  

A bloodbath on domestic markets evidenced the worsening Covid scenario and fears fueled by better-than-expected US economic data, which led to speculation that the Federal Reserve would raise interest rates further.  

A modest rally occurred during the last week of the year 2022 as a result of optimistic economic data, including a decline in retail inflation, a boost in manufacturing activity and other upbeat global cues. The indices then plummeted once again, primarily due to losses in technology stocks.  

As a result, over the period of the last month, both the BSE Sensex and Nifty 50 experienced decline of almost 4 per cent.  

A few Small-Cap Penny Stocks, on the other hand, have delivered outstanding returns of more than 100 per cent in just one month! With gains of over 200 per cent and back-to-back upper circuits in the stock, Jai Mata Glass Ltd leads the list of multibaggers. Here is a list of the top multibaggers that have more than doubled investors' wealth: