11 Penny Stocks Deliver Returns Up to 156% in Six Months
· Business · Economic Times, LiveMint
Eleven Indian penny stocks recorded returns ranging from 27% to 156% over the last six months. These stocks were identified using filters including a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 lakh shares. The screening criteria focused on micro-cap stocks that demonstrated strong upward price momentum during this period. Data for this analysis was sourced from ACE Equity.
Why it matters
Investing in highly volatile penny stocks carries significant risk for retail investors, as these assets often lack the liquidity and financial stability of larger companies.
Read the original report — Economic Times
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