Penny Stock Rises From Rs 0.67 To Rs 10 In 5 Months With 1410% Return

Leading penny stock, Virgo Global is in news. The stock is hitting upper circuit and trading new 52-week high consistently since January 9, 2023. The stock has also given sharp returns to investors in a very short time. The stock operates in IT Software sector and has a market capitalisation of Rs 10.63 crore.

Penny stocks are stocks that trade at low prices with less market capitalisation. They are largely liquid and are usually listed on relatively smaller exchange. They may have prices below Rs 10. These stocks are risky in nature due to lack of liquidity, limited disclosure information, and less shareholders.

Check key details below:

1. Virgo Global Hits Upper Circuit, Trades New 52-Week High

The stock has been hitting upper circuit and touching new 52-week high everyday since January 9, 2023 to January 13, 2023. The stock's 52-week high is Rs 10.12 apiece and 52-week low is Rs 0.64 apiece, respectively.

2. Virgo Global Return

The stock has given strong returns to investors. In last 5 months, it has given return of 1410%. The stock was priced Rs 0.67 apiece on August 12, 2022 and its last trading price on January 13, 2023 was quoted at Rs 10.12 apiece.

The stock gave multibagger returns in last 1-month only with 200%. In last 1-week, it rallied 27%. It has given 170% return in last 3-months and 1012% return in last 3-years.

3. Virgo Global About

Virgo Global Media Limited came into existence in 1999. It operates as an Internet service provider in the country. Previously, it was known as Online Media Solutions Ltd. It is based in Hyderabad, India.

Disclaimer

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