These penny stocks gained up to 613 per cent in 2021!

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These penny stocks gained up to 613 per cent in 2021!

Sensex is up by close to 9 per cent while BSE Small cap Index is up by more than 35 per cent on YTD basis. By any measure this is a good year for investors and traders alike

Sensex is up by close to 9 per cent while BSE Small cap Index is up by more than 35 per cent on YTD basis. By any measure this is a good year for investors and traders alike. Along with the broader markets and large cap there are some penny stocks that have managed to create wealth for investors this year. 

Penny stocks and low prices scrips i.e. stocks trading below Rs 100 per share have been able to generate on an average 41 per cent returns if we consider the data for some 1931 listed companies on BSE. Almost 213 penny stocks doubled in their share price in 2021 alone. Following is the list of'Top Ten Performing Penny Stocks' of 2021:

Company Name

Industry

Latest Market Cap (Rs Crore)

YTD Returns (%)

Jainco Projects (India) Ltd

Construction - Real Estate

3.21

613.33

Advik Capital Ltd

Electric Equipment

16.38

485.25

SIEL Financial Services Ltd

Finance - Investment

11.33

477.46

Mahaveer Infoway Ltd

IT - Software

2.83

445.74

Sreechem Resins Ltd

Chemicals

9.88

416.74

Flomic Global Logistics Ltd

Finance - Investment

7.19

411.79

Nyssa Corporation Ltd

Trading

15.33

405.94

PMC Fincorp Ltd

Finance - Investment

115.05

402.22

Diligent Media Corporation Ltd

Printing And Publishing

31.66

398.15

Sawaca Business Machines Ltd

Trading

3.8

367.95