Low-float stocks and returns - Deep dive into what led to stock market rallies in 2024
Low-float stocks and returns - Deep dive into what led to stock market rallies in 2024
This article is authored by Sonam Srivastava, founder and CEO of Wright Research.
The stock market rallies of 2023-24, which occurred on a relatively high base, have now led to a shift in market dynamics, with debt markets adjusting to a "higher for longer" interest rate environment.
Multibagger penny stock hit all-time high on February 16: FIIs bought over 1.5 crore shares and company reported an 81.6 per cent jump in net profit!
The stock gave multibagger returns of 933 per cent in 3 years and a whopping 6,200 per cent in a decade.
From Rs 71.5 to Rs 86.75 per share, the stock is up by 21 per cent in just 1 month.
Heavy Buying: FIIs-backed multibagger penny stock under Rs 80 made an all-time high on January 19, rocketing 240 per cent from its 52-week low!
The stock gave multibagger returns of over 120 per cent in just 1 year and up 240 per cent from its 52-week low of Rs 22 per share.
The stock gave multibagger returns of over 120 per cent in just 1 year and up 240 per cent from its 52-week low of Rs 22 per share.
Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Friday, December 29, 2023
The broader market sentiment appeared slightly pessimistic, with 919 stocks advancing against 1136 stocks declining.
Watch out for these penny stocks locked in the upper circuit on December 08
Sensex zoomed by 0.44 per cent, and the Nifty hit its new all times high level of 21,000.
The broader market sentiment remained positive, with 2298 stocks advancing against 1123 stocks declining, indicating a favorable outlook for the overall market.
This pharmaceutical stock hits an all-time high: The company expects normal growth in FY25 with a revival in the specialty chemicals industry
The stock hit a fresh all-time high on Friday at Rs 634, and the stock closed at Rs 615 with gains of 0.2 per cent
Over the past three months, the stock has returned 21.14 per cent. Over the past three years, the stock has returned a staggering 65.79 per cent. Over the past five years, the stock has returned an even more impressive 322.93 per cent.
Rs 1.05 lakh crore fund raise plan proposed: Multibagger stock hits all-time high on stellar Q1 results and dividend announcement!
The stock gave multibagger returns of 103 per cent in just 1 year and over 150 per cent in 3 years.
The shares of the company are hitting back-to-back 52-week highs in recent trading sessions. Furthermore, during the preceding financial year 2022-2023, the company declared bonus shares in the ratio of 1:3, with a record date of August 08, 2023.
Rs 30,500 crore order book: This multibagger infrastructure company bags new orders worth Rs 1,042 crore; hits fresh 52-week high!
Shares of the company grew by more than 22 per cent in the last six months.
Shares of the company grew by more than 22 per cent in the last six months.
Market WRAP: Indices end on a higher note; Sensex jumps 150 points on a volatile day!
Stocks that have hit fresh a 52-week high are Abbott India, Axis Bank, Bharat Forge, IDFC First Bank, PNB, SBI and Yes Bank.
Indices closed on a higher note on a volatile trading day. NSE Nifty 50 index rose 0.28 per cent to close above 18650 levels while Sensex soared 150 points.
Shares below Rs 100: Only buyers were seen in these stocks on November 25!
Significant buying was seen in majority of the Smallcap stocks today.
Significant buying was seen in majority of the Smallcap stocks today.
From Rs 290 to Rs 880: The stock has gained more than 200 per cent in just 6 months. Today, it traded at a new 52-week high
The stock has increased by more than 200 per cent, while the BSE Sensex has increased just by 13.80 per cent in 6 months.
The stock has increased by more than 200 per cent, while the BSE Sensex has increased just by 13.80 per cent in 6 months.
Keep an eye on this stock, which was locked in the upper circuit on November 21
Today, the stock of this company was locked at 20 per cent at Rs 85.30.
Today, the stock of this company was locked at 20 per cent at Rs 85.30.