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 | NewsBust 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 | NewsBust

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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

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  • Top 10 Multibagger Stocks 2022 List; Kaiser Corporation, Hemang Resources

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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

  • Companies associated with penny stocks tend to be smaller. It is very difficult to find out and collect information about them and it is risky to invest in such stocks without any knowledge. The liquidity of such stocks is also low. That is, the shares available for trading in the market are limited. The low market capitalization and low liquidity of penny stock companies make their price easy to manipulate.
  • Investors sometimes become victims of fraud. Operators buy more shares at a lower price, due to which the share price starts rising. Retail investors enter it after seeing the share price rising. When the price rises, the operators sell the shares. This causes the share price to fall. Retail investors stuck in it are unable to sell the shares due to the lower circuit. This is called Pump and Dump Scheme.

Keep these things in mind before buying penny stocks

  • Research about the companyBefore buying stocks of any company, do a good research about that company. These companies are very small. Information about them is not available. Buy stocks only after knowing the future growth, product, performance and background of the company.
  • Understand the market before investingPrices of penny stocks are not stable, so you must understand the market before investing. You can talk to an expert to understand the market.
  • don’t spend too muchDo not invest more money at once. Invest in penny stocks as much as you can afford to sink, as penny stocks are more risky.
  • Do not keep shares for longDo not invest in penny stocks for a long time. Their share price rises rapidly, and falls equally fast. So don’t forget to buy shares, sell them when you get good returns.
  • trust no oneThere is no dearth of knowledge on the Internet today. Don’t trust anyone blindly. Invest only after examining and understanding.

5 Top Multibagger Penny Stocks of 2022

Kaiser Corporation
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.

Gallop Enterprises
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%.

Hemang Resources
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%.

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Amit