These Low price stocks doubled in November
The Sensex is up by more than 10 per cent in November so far. The global cues are positive while emerging markets are expected to do well in coming quarters. With indices soaring with such pace, it is very difficult to beat benchmark indices.
Low prices scrips or the scrips which are trading at below Rs 100 per share have caught investors' attention in this rally.
As many as 7 low price scrips have more than doubled in November so far with Tata Teleservices leading the pack with gains of more than 140 per cent. KeyNote Financial Services, Sybly Industries Ltd, Maharashtra Corporation, Vivanza Biosciences, Tilak Ventures and Biofil Chemicals & Pharma are the Low price scrips that have more than doubled since November this month.
If we consider the performance on YTD basis, as many as 132 low price scrips have more than doubled while as many as 291 low price scrip generated returns in excess of 50 per cent in 2020 alone.
Below is a list of top performing low price scrips in 2020:
|
Company Name
|
Sector |
Closing price as on January 1, 2020 |
Closing price as on Novembr 17, 2020 |
Returns (YTD) |
| Praveg Communications (India) Ltd. |
Healthcare |
4.15 |
43.9 |
957.83 |
| Biofil Chemicals & Pharmaceuticals Ltd. |
Healthcare |
16.25 |
146.7 |
802.77 |
| Alok Industries Ltd. |
Textile |
2.99 |
24.1 |
706.02 |
| Tilak Ventures Ltd. |
Finance |
0.69 |
4.78 |
592.75 |
| Venus Remedies Ltd. |
Healthcare |
21.7 |
133.05 |
513.13 |
| Tanla Platforms Ltd. |
IT |
70.05 |
415 |
492.43 |
| Mangalam Drugs & Organics Ltd. |
Healthcare |
28.9 |
169.25 |
485.64 |
| RRIL Ltd. |
Textile |
0.89 |
5.11 |
474.16 |
| Confidence Finance And Trading Ltd. |
Trading |
0.58 |
2.98 |
413.79 |
| Network Ltd. |
Consumer Durables |
1.04 |
5.3 |
409.62 |