Companies with outstanding results will always tend to catch investors attention. 

Few stocks such as SAIL, Hindalco,Tata Steel,NMDC and JSW Steel have declared outstanding results however have underperformed the markets since declaring results. SAIL for example is down by more than 15 per cent since it declared its positive numbers. 

Several stocks trading below Rs 100 per share were seen trading in green, outperforming the frontline indices. 

The broader markets managed to outperform the frontline indices on Wednesday. Several Penny Stocks gained with spike in volumeon Wednesday.

The domestic benchmark indices have portrayed a mixed performance in Wednesday's trading session. In the broader markets, BSE Midcap and Smallcap indices gained 0.5 per cent each. Oil & gas along with power stocks experienced a rally on Wednesday.  

As we know, the last 15-16 months have been fabulous for the markets. We have seen many penny stocks go on insane runs and delivering multifold returns during this period.   However, in this article, we will not talk about those stocks that have seen a run-up during this period; instead, we will discuss the top five most successful penny stocks in the last ten years.   

Considering that the broader markets continue to outperform the frontline gauge, we expect stock-specific action to continue on D-Street.   So here is the list of stocks that one could keep on their watch list for swing trading

As many as 150 stocks made their fresh 52 week high while at least 444 stocks were locked in the upper circuit on Wednesday. 

The broader markets are seen outperforming the frontline gauge with Nifty Midcap and Smallcap index trading higher by 0.07 per cent & 0.59 per cent, respectively.   

The share price of Kaveri Seeds is down by 5 per cent in past one year while in the past one month the stock is down by more than 13 per cent. In 2021 however the stock is up by more than 17 per cent.