Markets
BSE See NSE See 40,470.20
-237.11 (-0.58%)

Top-performing penny stocks in August 2020

Anthony Fernandes
/ Categories: DSIJ Mindshare, DSIJ News
Rate this article:
3.4
Top-performing penny stocks in August 2020

Equity market performance in August has taken the market participants by surprise as BSE Small-cap index gained by 14 per cent in August itself. 

What is more remarkable is the performance of penny stocks in this market rally. Penny stocks often are considered unhealthy stocks and are not preferred by the long-term investors as they are considered to be way too risky to include in one’s portfolio.

In August, as many as 176 penny stocks have gained more than 20 per cent with the best performing penny stock being Kaushalya Infrastructure Development Corporation Limited. The stock has almost doubled in just one month.

Following is the list of top-performing penny stocks in August - 

Company Name Sector Market Cap Returns (%)   
Since August 1 TD Since March 23 TD YTD Closing Price as on August 21, 2020
Kaushalya Infrastructure Development Corporation Ltd. Infrastructure 6.41 96.81 386.84 311.11 1.85
RattanIndia Power Ltd. Power 1985.79 94.2 177.24 97.06 4.02
Satra Properties (India) Ltd. Realty 28.72 87.21 228.57 103.8 1.61
SPEL Semiconductor Ltd. Electricals 41.87 84.55 152.22 183.75 9.08
Network Ltd. Consumer Durables 21.08 77.27 320.59 312.5 4.29
PSL Ltd. Iron & Steel 10.12 76.09 113.16 65.31 0.81
BCC Fuba India Ltd. Electricals 14.05 74.52 17.69 75.86 9.18
GBL Industries Ltd. Trading 0.81 70.53 752.63 141.79 1.62
Tirupati Tyres Ltd. Trading 1.09 69.89 - 259.09 3.16
RLF Ltd. Textile 2.17 66.92 - -2.69 2.17
Omkar Speciality Chemicals Ltd. Chemicals 14.43 65.33 150.36 51.08 7.01
Housing Development & Infrastructure Ltd. Realty 224.68 65.16 231.47 60.68 4.74
Welcure Drugs & Pharmaceuticals Ltd. Trading 2.58 64.66 - 289.8 1.91
Emco Ltd. Infrastructure 11.48 64.08 344.74 141.43 1.69
Maxgrow India Ltd. IT 3.01 63.95 78.48 -0.7 1.41
Avance Technologies Ltd. IT 10.5 60.61 178.95 178.95 0.53
VCU Data Management Ltd. IT 6.4 59.46 3.51 -42.24 4.13
Hindustan Bio Sciences Ltd. Healthcare 2.45 59.33 41.42 16.59 2.39
3I Infotech Ltd. IT 606.25 57.56 202.42 86.57 3.75
Amforge Industries Ltd. Trading 3.34 55.7 236.23 217.81 2.32
Previous Article Bajaj Finserv features as Bollinger Band Squeeze pick
Next Article BSE 500: Top performing momentum stocks in August 2020

Please login or register to post comments.

DSIJ MINDSHARE

First34567Last