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Investment in Penny Stocks is considered a risky, along with it there is a possibility of high profit. Penny stocks are usually available at a very low price, which makes it easier for small investors to buy a large number of shares. Whenever there is an increase in their price, it gives huge benefits according to the percentage. Today we will tell you about some penny stocks that have filled the money of investors in a year.
There are five such multibagger Penny Stocks including BITS Limited, Pashupati Fincorp, who have given returns from 500 percent to 2300 percent to investors in the last 12 months. In this way, the money invested in these shares has increased not twice, but more than 20 times it has increased in one year.
The share of BITS Limited, a company engaged in educational business, has given 2394 percent returns in the last one year. A year ago i.e. on 7 November 2023, the share price was only 0.96 rupees, which has now increased to Rs 23.94. In the last months, this Penny Stock has given 679 percent returns.
Penny Stock of Non-Banking Financial Company, Pashupati Fincorp has also made investors in a year. In a year, this stock has given 1289 percent return. In the last three months, the share price has risen 232 percent.
The name of the share of Tahmar Enterprise Limited is also included in the list of multibagger stocks giving bumper returns. In a year, the price of this stock has increased from Rs 2.57 to Rs 27.40. In this way, during this period, this multibagger Penny Stock has given 966 percent returns to investors.
The price of IMEC Services Limited has increased by 994 percent in the last one year. A year ago, the price of this stock was Rs 2.83, which has increased to Rs 30.97 today. In the last six months, the price of this stock has increased by 343 percent.
IEC Education Limited provides state -of -the -art technology and services to all types of companies. The price of IEC Education share was Rs 1.77 a year ago, which has now increased to Rs 16.65. In this way, this Penny Stock has given 840 percent returns to investors in a year.
(Disclaimer: The information given here is based on the share performance. Since the investment in the stock market is subject to market risk, take advice from a certifite investment advisor before investing. News18 Hindi will not be responsible for any loss you will be.)
