Rs 77.50/Sh Dividend Twice: 5 Penny Stocks That Became Multibagger In 12 Months

Penny stocks are frequently searched stocks that attract attention of investors. Penny stocks are not only low-priced stocks but end up offering stellar returns in short duration. In last 12 months, 5 penny stocks offered highly attractive returns to shareholders. One of them will also offer bonus shares to traders. These stocks are Taparia Tools, Sunshine Capital Ltd, AA Plus Tradelink Ltd, Visco Trade, and Avance Technology. Taparia Tools has been in news for offering whopping dividend to its shareholders. Taparia recommended Rs 77.50/share dividend twice in 2023. Check key details below:

1. Taparia Tools: Last trading price of Taparia Tools shares on BSE is Rs 8.35 per share. The 52-week high price of Taparia Tools Ltd shares on BSE is Rs 8.35 per share and 52-week low price is Rs 2.92 per share. The company has a market cap of Rs 12.67 crore. The penny stock always remains in news for its high dividend offerings. In 2024 only, it offered Rs 20/ share dividend twice. In 2023, it declared Rs 77.50 per share dividend twice. It traded ex-dividend for Rs 77.50 per share final dividend on June 26, 2023 and hit ex-date on March 16 for Rs 77.50 interim dividend.

Taparia Tools declared 22 dividends since March 6, 2002. In last 1 year, Taparia Tools offered an equity dividend amounting to Rs 40.00 per share. At the current share price of Rs 8.35, Taparia Tools Ltd.'s dividend yield is 479.04%.

2. Sunshine Capital Ltd: Last trading price of Sunshine Capital Ltd shares on BSE is Rs 2.06 per share with market capitalisation at Rs 1077.21 crore. Sunshine Capital offered 7:1 bonus share in 2024 and traded ex-split as well in 10:1 ratio. Sunshine Capital shares offered returns of 249% in last 1-year and gave stellar rally of 880% in last 2-years. In last 3-years, Sunshine Capital shares surged 1960%.

3. AA Plus Tradelink Ltd: Last trading price of AA Plus Tradelink on BSE stood at Rs 19.60 per share. The stock hit lower circuit on October 10 and October 11. Its market cap stood at Rs 47.68 crore. The 52-week high price of AA Plus Tradelink share on BSE is Rs 26.88 per share and 52-week low price is Rs 7.01 per share. In 2024 only, AA Plus Tradelink shares zoomed 139% and gained 100% in last 1-year. The company will hold Board meet on October 24 to consider and approve stock split and bonus issue.

4. Visco Trade Associates Ltd: Last trading price of Visco Trade Associates shares on BSE is Rs 90.75 per share. The company's market cap stood at Rs 217.93 crore. It is engaged in financial services sector. Visco Trade Associates shares zoomed nearly 202% so far in 2024 and gained 338% in last 1-year. In last 3-years, Visco Trade Associates Ltd shares offered phenomenal returns of 3311%. It traded ex-dividend for Re 1/share on April 5, 2024 and hit ex-split from Rs 10/- to Rs 2/- on June 14.

5. Avance Technology: The last trading price of Avance Technology Ltd shares on BSE is Rs 0.86 per share. The 52-week high price of the stock is Rs 1.71 per share and 52-week low price is Rs 0.37 per share. Its market capitalisation stood stood at Rs 170.44 crore. It operates in software sector. Avance Technology shares offered return of 132% in last 1-year and a whopping 2050% return in last 2-years only. However, Avance Technology shares slipped 25% in last 6-months. The stock recommended stock split twice in 2023.

Disclaimer:

The stocks just highlight the rally in shares and are not recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stocks mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.