From ₹5 to ₹136: Penny stock turns multibagger in 9 months despite any major trigger
The BSE-listed microcap stock has maintained an uptrend since April 24, consistently hitting 2% upper circuit limit on daily basis.
The BSE-listed microcap stock has maintained an uptrend since April 24, consistently hitting 2% upper circuit limit on daily basis.
In the calendar year 2024, the largecap share has risen 221%, while it climbed nearly 26% in the past one month.
On Monday, the smallcap stock gained as much as 12% after it reported strong earnings in the September quarter of the current fiscal.
The stock touched a fresh all-time high today ahead of its board meeting on September 28 to consider fund raising plans.
The price of the smallcap stock has risen 48% in the last four sessions and hit a new all-time high as investors cheered its strong March quarter earnings.
The PSU company has secured Chennai Metro Rail project worth ₹1,134 crore and ₹38.97 crore order from Southern Railway.
The public sector bank has turned into a multibagger stock and has risen from ₹20.8 to ₹40.9 in just nine sessions, delivering 97% return during this period.
The share price of the edible oil manufacturer has been hitting the upper circuit for the last 58 sessions and has risen around 1,500% during the period.
The multibagger stock has more than doubled investors’ money in just seven trading days, from ₹169 on September 12, to ₹356 on the BSE today.
This multibagger telecom stock has zoomed 4,600% in the last three years even as the company continued to report losses for the past several years.