Penny stocks are shares of companies that trade for a very low price, typically below ₹10 per share. In some cases, they may even trade for less than ₹1.
Penny stocks are known for their extreme volatility. Their prices can fluctuate significantly in a short period, leading to either substantial gains or substantial losses.
BAMPSL Securities’ price rose by 29.87% in a year, ranging from INR 5.51 to INR 13.40.
Rajnish Wellness stock rose 41.70% to INR 11.52 from INR 7.75-20.50¹ last year.
Stock price: INR 71.05, up 58.70% in a year (INR 4.80 to INR 71.05).
Rasi Electrodes’ price rose to INR 23.25, up by 50.97% from INR 11.25 to INR 28.29.
Stock price rose 41.27% to INR 25.50 from INR 4.50, reaching a high of INR 36.65.
SAL Steel’s price increased to INR 16.10 from INR 11.60, a rise of 34.17%.
Lloyds Steels’ stock price soared to INR 59.75 from INR 12.30, marking a hefty 219.93% return.
KBS India’s stock soared to INR 9.80, rising 342.72% from its low of INR 5.82 to a high of INR 14.25.
Khoobsurat’s price rose to INR 1.17 from INR 0.94, a 125.54% increase, reaching a high of INR 1.95.
BLS Infotech’s stock soared to INR 2.01 from INR 1.32, a 139.64% increase, within INR 3.73 range¹.
Always research thoroughly and consult a financial advisor before investing.