Updated Jun 17, 2024 | 11:18 PM IST
Penny stocks under Rs 20: Six penny companies with a market capitalization of less than Rs 1000 crore and a recent volume of over 5 lakh have become multibaggers
Six penny companies with a market capitalization of less than Rs 1000 crore. (Image: Freepik/ET NOW News)
Penny stocks under Rs 20: The Sensex returned a meagre 6.5% from January 1st and June 14th, yet a few penny stocks enjoyed huge gains of 100% to an extraordinary 285%, In 2024. Six penny companies with a market capitalization of less than Rs 1000 crore and a recent volume of over 5 lakh have become multibaggers, according to data from ET report. The list is as follows:
CNI Research has produced an astounding 285% return, Thus far in 2024. Its 52-week high is currently at Rs. 9 and its low is at Rs. 1.9. The stock has a CMP of Rs 8.95 per share.
Navkar Urbanstructure Share Price
Navkar Urbanstructure has yielded an impressive 253% return, Thus far in 2024. The stock’s 52-week high was Rs 16.8, and its 52-week low was Rs 3.7 on the BSE. A share of stock has a CMP of Rs 13.76.
Sunshine Capital Share Price
Sunshine Capital had a 166% increase in growth, In 2024. On the BSE, the stock’s 52-week high and low were Rs 4.13 and Rs 0.46, respectively.The stock has a CMP of Rs 8.95 per share.
Franklin Industries Share Price
Investors at Franklin Industries received a 147% return in CY24. The stock’s 52-week high and low were Rs. 8.26 and Rs. 0.7 on the BSE. A share of stock has a CMP of Rs 6.4.
UTL Industries Share Price
UTL Industries had a 109% increase in revenue, In 2024. On the BSE, the stock’s 52-week high and low were Rs. 4.54 and Rs. 1.5, respectively. The stock has a CMP of Rs 8.95 per share. A share of stock has a CMP of Rs 4.54.
Excel Realty N Infra Share Price
Excel Realty N Infra gave its investors returns that were about 100%, In FY24. Its 52-week high is Rs 0.9, and its low is Rs 0.34. A share of stock has a CMP of Rs 0.83.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
