Kaiser Corporation gave a profit of 2700% in 6 months, know all the information related to penny stock here. Top 10 Multibagger Stocks 2022 List; Kaiser Corporation, Hemang Resources
By Amit - June 23, 2022
31 minutes ago
Risk Hai To Ishq Hai… You must have heard this dialogue in the webseries scam 1992. Penny stocks are like that too. The more risk you take, the more returns you will get. Penny stocks are the stocks of smaller companies. Their price is very less. Stocks priced below Rs 10 in India are called penny stocks.
The liquidity of such stocks is low, that is, there are not many buyers of these stocks in the market. Buying penny stocks is very risky. However, these stocks are known to give high returns. For example, the stock of Kaiser Corporation has given a return of about 2700% this year. That is, if you had invested Rs 1 lakh in this stock 6 months ago, it would have become Rs 27 lakh. So let’s know about penny stock in detail…
Why Penny Stocks Are Risky
Keep these things in mind before buying penny stocks
5 Top Multibagger Penny Stocks of 2022
Caesars Corporation stock has gained nearly 2700% this year. Its share price was Rs 2.79 on 31 December 2021, which has increased to Rs 77.80 today. Those who bought the shares 6 months ago have got huge profits.
In the last 6 months, the price of Gallop Enterprises share has increased from Rs 4.56 to Rs 107.30. The share price of this company has increased by more than 2300%.
The price of one share of Hemang Resources was Rs 3.09 on December 31, 2021, has increased to Rs 48.90 today. Its stock price has increased by more than 1400%. In less than 6 months, it has given huge profits to the investors.
Alliance Integrated Metallic
The price of Alliance Integrated Metallic Shares, which was Rs 2.71 as on December 31, 2021, has increased to Rs 25.50 today. There has been an increase of almost 800% in the last 6 months.
Mid India Industries
In the last 6 months, the share of Mid India Industries Limited has increased from Rs 3.53 to Rs 22.35. The share price has increased by more than 500%.