Keep an eye on these 45 penny stocks that gave multibagger returns on YTD basis!

Keep an eye on these 45 penny stocks that gave multibagger returns on YTD basis!

Kiran Shroff
/ Categories: Trending, Penny Stocks

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on April 11, 2024, for Eid-Ul-Fitr (Ramzan Id).

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on April 11, 2024, for Eid-Ul-Fitr (Ramzan Id). Trading in equities, derivatives, SLBs, currency derivatives, as well as the interest rate derivatives segment too will remain shut for the day.

On Wednesday, April 10, 2024, the stock market ended the day in green with the BSE Sensex Index up by 0.47 per cent at a level of 75,038.15 and the NSE Nifty-50 Index up by 0.49 per cent at a level of 22,753.80.

Penny Stocks, typically trading below Rs 100 per share, are attractive for their potential for high returns. Some penny stocks can become multibaggers, increasing in value many times over. Investors are drawn to penny stocks for the chance at big gains with a small investment. Multibagger penny stocks offer the allure of explosive growth, but this comes with significant risk. These companies are often small, lack liquidity, and may have limited track records, making them highly volatile and prone to crashes.

Also Read: What is Book Value and Book Value Per Share? Importance & limitations of book value!

Following is the list of penny stocks that gave multibagger returns on a YTD basis:

Company Name

LTP (Rs)

YTD Returns (%)

Sri Adhikari Brothers Television Network Ltd

58.46

1624

Kisan Mouldings Ltd

70.90

424

Marsons Ltd

39.69

394

IITL Projects Ltd

63.41

277

Cinerad Communications Ltd

59.17

269

Spright Agro Ltd

28.90

264

Royal India Corporation Ltd

13.07

234

Gyan Developers & Builders Ltd

26.98

230

Markobenz Ventures Ltd

55.44

226

Sunshine Capital Ltd

3.76

206

Shyama Infosys Ltd

6.26

201

Mahan Industries Ltd

3.18

200

Oswal Yarns Ltd

16.87

198

Madhusudan Securities Ltd

33.32

197

Aerpace Industries Ltd

14.75

189

Colab Cloud Platforms Ltd

18.59

181

Telogica Ltd

19.80

173

Yaan Enterprises Ltd

74.38

169

Mini Diamonds (India) Ltd

47.74

165

Promax Power Ltd

71.50

164

Bacil Pharma Ltd

17.10

163

Inland Printers Ltd

53.15

163

Tirth Plastic Ltd

56.49

161

International Data Management Ltd

36.26

157

Constronics Infra Ltd

43.46

152

PVP Ventures Ltd

36.56

151

Vuenow Infratech Ltd

13.72

150

Amalgamated Electricity Company Ltd

94.70

143

Rolta India Ltd

6.75

140

Shekhawati Poly-Yarn Ltd

2.73

139

Bangalore Fort Farms Ltd

48.85

127

Caspian Corporate Services Ltd

67.79

120

Suvidha Infraestate Corporation Ltd

18.70

119

Tijaria Polypipes Ltd

14.33

118

Inter Globe Finance Ltd

70.60

117

Kay Power and Paper Ltd

40.67

114

Vandana Knitwear Ltd

4.53

114

Gujarat Lease Financing Ltd

10.61

113

Softrak Venture Investment Ltd

13.23

112

Trishakti Industries Ltd

62.70

109

Vikalp Securities Ltd

24.44

109

Harshil Agrotech Ltd

8.85

107

Mid-East Portfolio Management Ltd

8.60

107

Tahmar Enterprises Ltd

5.22

103

Gujarat Terce Laboratories Ltd

57.93

103

Do you own any of these stocks in your portfolio? Do let us know in the comments below

Disclaimer: The article is for informational purposes only and not investment advice. 

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. This service is available as part of the "Festive Savings" combo offer discounted at 51%. Do download the service details here.

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