For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

4 Multibagger Penny Stocks That Reaped Up To 150% Return In Last 1-Month

|

Penny stocks can be a good choice if you intend to make good fortune in a small span of time, nevertheless what needs to be ensured such that the counter can outperform the broader markets and can be a lucrative bet for you are some of the fundamentals that need to be carefully assessed such as the company's line of business, management team, the company's vision as well as good valuations.

 

Likewise here are 3 penny scrips that have run up even in the current turmoil the markets have been facing.

Tine Agro

Tine Agro

This small cap stock from the textile space has given phenomenal return even amid this market mayhem. The 1-month return from the stock has been to the tune of 147%. The stock on December 31, 2021 was priced at Rs. 6.8 per share, signifying YTD return of 724%. One reason for swift gains in the scrip is the stock has been hitting back to back upper circuit and till yesterday we saw the stock hitting 5% upper circuit, wherein it hit its life time high price. So, if we compare the stock against the index, it has generated alpha returns.

The company earlier known by Kansal Fibres has been rechristened to the present name only lately and is into the business of spinning, weaving,knitting, combing, manufacturing all kind of fibres.

Kaiser Corporation
 

Kaiser Corporation

This is another penny scrip which have outperformed and is from the packaging space. The company is engaged in the business of Printing of Labels, Articles of Stationery, Magazines and Cartons. KCL has diversified into an Engineering Goods, Electric and Mechanical Heat Tracing and Turnkey Projects through its Subsidiaries. Promoter holding in the scrip has been maintained at a good over 59%.

 

IEL

IEL

This small cap scrip is from the edible oils category and just a month ago was priced at Rs. 46.85 as on February 7, 2022. Thus gaining 122% during the period. The m-cap of the company was last at Rs. 34 crore. This is typically a low liquid stock in which any trigger can provide significant sharp upside or downside.

Based out of Gujarat, the company is a solvent extraction plant. In fact the company was the first of its kind in India for solvent extraction of edible oils. The company has been the leading exporter of de-oiled cakes from India and also had a well established domestic market for refined solvent extracted groundnut and rapeseed oil which was marketed and sold under well reputed brand names " DIAMOND" and "STAR", both being registered trademark of IEL (Formerly Indian Extractions Ltd.)

Sejal Glass:

 Sejal Glass Ltd., the flagship of Sejal Group, is one of the preferred processors in India today. The company's product range includes solid glass, kool glass, tone glass, fort glass among others. The T group stock stocks categorised as Trade to Trade stocks by the BSE. These stocks are not allowed for intra-day trades. The stock has been constantly hitting upper circuit and this is primarily one reason for the sharp uptick in the stock.Volume in the counter are negligible.

 Different categories of stocks on the BSE Different categories of stocks on the BSE

StockIndustry1-month return1-year returnCMP
Tine AgroTextile147%700%Rs. 56.05
Kaiser CorporationPackaging and diversified entity150%5638%Rs. 22.95
IELEdible oil122% Rs. 103.8
Sejal GlassGlass and Glass Products152%3300%Rs. 195.3
Disclaimer

Disclaimer

The multibagger penny stocks are listed just for informational use and are not a recommendation to buy in these shares.

Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X