Jul 6, 2023
Navdeep SinghAs Q1FY24 results are set to trickle in, as many as nine penny stocks turned multibaggers in this period. According to Ace Equity data, these stocks include Sheetal Diamonds, Gayatri Sugars and Spice Islands Apparels. Investors should note that these stocks are risky as their traded volume is very less. (Data as of 5 July 2023)
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Sheetal Diamonds stock surged 230% in Q1FY24. The 52-week high and low of the stock were Rs 21.6 and Rs 3.6 on BSE.
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Gayatri Sugars stock gained 185% in the first quarter of FY24. The 52-week high and low of this stock were Rs 8.7 and Rs 2.2 on BSE.
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Manufacturer of woven & knitted garments, Spice Islands Apparels' stock increased by 150% in the June quarter of FY24. The stock's 52-week high and low were Rs 29.3 and Rs 6.7 on BSE.
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Plastics processing company Kisan Mouldings' stock grew 125% in Q1FY24. The 52-week high and low of the stock were Rs 15 and Rs 6 on BSE.
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Shree Rama Multi-Tech stock increased by 120% in the first quarter of FY24. The 52-week high and low of the stock were Rs 17.5 and Rs 7.3.
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Real estate firm Prime Property Development Corporation's stock surged 107% in the June quarter of FY24. The 52-week high and low of the stock were Rs 21.7 and Rs 9.1.
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NBFC firm Vaarad Ventures' stock advanced 107% in the June quarter of FY24. The 52-week high and low of the stock were Rs 23.8 and Rs 7.6.
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Peninsula Land stock gained 107% in the first quarter of FY24. The 52-week high and low of the stock were Rs 27.7 and Rs 10.
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Real estate firm BSEL Infrastructure Realty's stock increased 104% in Q1FY24. The 52-week high and low of the stock are Rs 11.7 and Rs 2.6.
Image Source: ETMarkets.com
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