These 7 stocks costing less than Rs 25 became investors got a return of 9100 percent in a year
Share Market / These 7 stocks costing less than Rs 25 became investors got a return of 9100 percent in a year
Share Market - These 7 stocks costing less than Rs 25 became investors got a return of 9100 percent in a year
If you want to invest in the stock market, then you can invest in penny stock. These days many penny stocks have given great returns to the investors. Let us tell you that penny stocks are such stocks which are very cheap and whose market value is low. These stocks are usually priced below ₹25, which makes them very attractive to investors but the risk is equally high.These are the stocks which are very liquid and not very popular among the investors. There is very little information available on such stocks about their fundamentals, hence it is quite difficult to research and analyze them. There could be a lot of possibilities. Today we are telling you about some such penny stocks which have managed to generate immense returns for the investors in the last 1 year, despite the high risk.Let's take a look at some such stocks…1. Flomic Global Logistics – 9,113% ReturnThe stock has risen from around ₹1.24 in October 2020 to around ₹114 at present, providing returns of more than 9,100 per cent to its investors in just 1 year. Flomik Global Logistics provides maritime freight services, including documentation, palletization, fumigation, cargo supervision and loading, onward transportation, cargo tracking and other services.2. Adinath Textiles - 4,717% ReturnThe stock has risen from around ₹1.48 in October 2020 to around ₹71 at present, giving its investors a return of 4,717 per cent in just 1 year. Adinath Textiles Ltd. manufactures and sells blended acrylic and worsted yarns in India. It also does business of unstitched suiting, shirting and dress material. Adinath Textiles Limited was incorporated in 1979 and is based in Ludhiana, India.3. Tata Teleservices – 1,223% ReturnThe stock has risen from around ₹3 in October 2020 to around ₹40 at present, giving its investors a return of 1,223 percent in just 1 year. Tata Teleservices (Maharashtra) Limited provides basic and cellular telecommunication services. The company is engaged in wired and wireless telecommunication activities. The company has approximately two Unified Access (Basic and Cellular) service licenses.4. Brightcom Group – 1,186% ReturnThe stock has risen from around ₹5.5 in October 2020 to around ₹71 at present, giving its investors a return of 1,186 percent in just 1 year. Brightcom Group Limited, formerly Lycos Internet Limited, is an India-based services company engaged in providing digital marketing services and development of computer software and services. The company operates through two segments: Digital Marketing Segment and Software Development Segment. It is also a global information technology implementation and outsourcing service provider.5. Waaree Renewable Technologies – 938% ReturnThe stock has jumped from around ₹17.8 in October 2020 to around ₹185 currently, giving a return of 938 percent to its investors in just 1 year. Vari Renewables Technology Limited (WRTL), formerly Sangam Renewables Limited, is an India-based renewable energy company. The company is engaged in the business of power generation through renewable energy sources. It also provides advisory and consultancy services in solar specific verticals.6. RattanIndia Infrastructure - 697% ReturnThe stock has risen from around ₹5 in October 2020 to around ₹42 at present, giving its investors a return of nearly 700 percent in just 1 year. RatanIndia Enterprises Limited is engaged in HR Consultancy and Manpower business in India. The company provides payroll management and other related services. RatanIndia Enterprises Limited was incorporated in 2010 and is based in New Delhi, India.7. Ganesh Housing – 629% ReturnThe stock has grown from around ₹25 in October 2020 to around ₹182 at present, giving a return of around 629 percent to its investors in just 1 year. Ganesh Housing Corporation Limited is engaged in real estate and construction businesses in India. It is involved in the promotion and development of residential, commercial, retail and township projects. As on March 31, 2021, the company had a land bank of about 639.13 acres. Ganesh Housing Corporation Limited was established in 1969 and is headquartered in Ahmedabad, India.