These penny stocks gained up to 613 per cent in 2021!
Along with the broader markets and large cap there are some penny stocks that have managed to create wealth for investors this year.Â
Sensex is up by close to 9 per cent while BSE Small cap Index is up by more than 35 per cent on YTD basis. By any measure this is a good year for investors and traders alike. Along with the broader markets and large cap there are some penny stocks that have managed to create wealth for investors this year.
Penny stocks and low prices scrips i.e. stocks trading below Rs 100 per share have been able to generate on an average 41 per cent returns if we consider the data for some 1931 listed companies on BSE. Almost 213 penny stocks doubled in their share price in 2021 alone. Following is the list of'Top Ten Performing Penny Stocks' of 2021:
|
Company Name
|
Industry
|
Latest Market Cap (Rs Crore)
|
YTD Returns (%)
|
|
Jainco Projects (India) Ltd
|
Construction - Real Estate
|
3.21
|
613.33
|
|
Advik Capital Ltd
|
Electric Equipment
|
16.38
|
485.25
|
|
SIEL Financial Services Ltd
|
Finance - Investment
|
11.33
|
477.46
|
|
Mahaveer Infoway Ltd
|
IT - Software
|
2.83
|
445.74
|
|
Sreechem Resins Ltd
|
Chemicals
|
9.88
|
416.74
|
|
Flomic Global Logistics Ltd
|
Finance - Investment
|
7.19
|
411.79
|
|
Nyssa Corporation Ltd
|
Trading
|
15.33
|
405.94
|
|
PMC Fincorp Ltd
|
Finance - Investment
|
115.05
|
402.22
|
|
Diligent Media Corporation Ltd
|
Printing And Publishing
|
31.66
|
398.15
|
|
Sawaca Business Machines Ltd
|
Trading
|
3.8
|
367.95
|