5 Penny Stocks Under Rs 11 Delivered Multibagger Returns In 2022

5 stocks under Rs 11 delivered multibagger returns in 2022. These stocks are JMD Ventures Ltd, Adcon Capital, Integra Essentia Ltd, BLS Infotech Ltd, and Zenith Steel Pipes & Industries Ltd. Check details below:

1. JMD Ventures Ltd

The zero-debt burden stock delivered 459% return in last 1-year span. In last 3-years, the shares have surged 393%. The small cap stock operates in Miscellaneous sector and came into existence in 2000. The company has a market capitalisation of Rs 33 crore. The last trading price of the stock is Rs 11 apiece.

2. BLS Infotech Ltd

The zero-debt burden stock has given 405% return in last 1-year and 1415% return in last 3-years. In last 5-years, the stock surged 910%. The last trading price of the stock is Rs 3 apiece. The company has a market capitalisation of Rs 132 crore. It operates in IT Software sector.

3. Integra Essentia Ltd

The last trading price of the stock is Rs 6.90 apiece. The stock has given 339% return in last 1-year and a huge 5812% return in last 3-years. It has a market capitalisation of Rs 266 crore. It operates in Apparels sector. In last 5-years, the stock's return is 577%.

4. Adcon Capital Services Ltd

The last trading price of the stock is Rs 2 apiece. It has a market capitalisation of Rs 19 crore. The stock has given 82% return in 3-months and 138% return in 1-year. It operates in Financial Services sector.

5. Zenith Steel Pipes & Industries Ltd

The last trading price of the stock is Rs 5 apiece. In last 1-year, the stock has delivered 311% return and 872% return in last 3-years. It has a market capitalisation of Rs 76 crore. It operates in Metals & Ferrous sector.

Disclaimer

The stocks give details of multibagger returns in 2022. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.