In the last three months, 11 penny stocks have delivered impressive gains ranging from 30% to 215%, with three of them turning into multibaggers. These outperformers were identified using specific filters: a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 lakh shares. This helped spotlight low-priced, actively traded micro-cap stocks showing strong upward momentum.
Penny stocks continue to draw interest for their low price points and high return potential. However, they come with substantial risk, marked by low liquidity, sharp volatility, and limited transparency. For investors, success in this space requires more than luck; it demands discipline, research, and a firm grip on risk management. (Data Source: ACE Equity)