Top 4 Penny Stocks That Became Multibagger In 2024, Gave Bonus Shares

Investors often look for penny stocks as they are not only lower priced but deliver attractive returns as well at times. Four penny stocks offered multibaggers returns in 2024. These are Svaraj Trading & Agencies Ltd, Sarveshwar Foods Ltd, Vintron Informatics, Mid East Portfolio Management Ltd.

These stocks have already given returns over 100% in 2 months. One of these penny stocks Sarveshwar Foods offered shares holders 2:1 bonus issue and underwent 1:10 stock split. Vintron Informatics also split its share in the ratio of 1:10 in 2009. It is worth noting here that penny stocks are often considered risky due to their low price per share. Check details below:

1. Svaraj Trading & Agencies Ltd: Last trading price of Svaraj Trading & Agencies shares on BSE is Rs 14.93 apiece with intraday fall of 1.97%. The company has a market capitalisation of Rs 22.02 crore. Svaraj Trading shares surged 120% year-to-date and gained 158% in last 6-months. In last 1-year, Svaraj Trading stock soared 157%.

2. Sarveshwar Foods: Last trading price of Sarveshwar Foods shares on BSE is Rs 14.70 apiece with intraday gain of 3.59%. The company in 2023 announced 2:1 bonus issue and 1:10 stock split. Record date for stock split and bonus issue was September 15, 2023. The 52-week high price of Sarveshwar Foods stock on BSE is Rs 15.73 per share and 52-week low price is Rs 2.07 apiece, respectively. The company has a market capitalisation of Rs 1438.86 crore. The FMCG stock offered investors return of 150% year-to-date and gained 223% in last 3-months. In last 1-year, Sarveshwar Foods shares zoomed 438%.

3. Vintron Informatics: Last trading price of Vintron Informatics Ltd shares on BSE is Rs 36.72 apiece with intraday surge of 2.00%. The stock has been hitting back to back upper circuits and 52-week high for the last few days. Vintron Informatics operates in the IT Software sector industry. The company has a market capitalisation of Rs 287.72 crore. Vintron Informatics shares surged 136% year-to-date and rallied over 808% in last 6-months. In last 1-year, Vintron Informatics stock zoomed 708% and jumped 2681% in last 2-years. In last 3-years, 4930% and gained 6576% in last 5-years.

4. Mid East Portfolio Management: Last trading price of Mid East Portfolio Management shares on BSE is Rs 10.93 apiece. The 52-week high price of Mid East Portfolio Management shares on BSE is Rs 11.75 apiece and 52-week low price is Rs 2.80 apiece, respectively. The company has a market capitalisation of Rs 5.50 crore. Mid East Portfolio Management shares witnessed rally of 61% in last 1-months and soared 163% year-to-date (YTD). In last 1-year, Mid East Portfolio Management stock surged 210% and rallied 234% in last 3-years.

Disclaimer: The stocks highlight 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.