Penny stocks in the stock market often provide high returns to investors. Many small companies’ stocks have shown impressive performance over time compared to shares of larger companies. However, investing in such penny stocks carries high risks as they can either make you rich or cause you to lose money. Today, we will discuss three stocks that have doubled their investors’ money in just one month. The first stock is Shekhawati Poly-Yarn Ltd, which is priced at Rs 1.10. This stock has provided a return of 144.44% in just one month. This means that if a person had invested Rs 1 lakh in it one month ago, the total value of their shares would now be Rs 2.44 lakh. The stock’s 52-week high is Rs 1.10 and its 52-week low is Rs 40.
The second stock is Unitech Ltd, which has seen a 108.43% increase in its share price in one month. This means that the value of Rs 1 lakh invested in this stock one month ago would now be Rs 2.08 lakh. The stock’s 52-week high is Rs 5.10 and its 52-week low is Rs 1.10. Moving on to the third stock, Melstar Information Technologies Ltd has doubled its investors’ money in one month. The stock’s 52-week high is Rs 4.10 and its 52-week low is Rs 1.85.
Overall, investing in penny stocks can be highly lucrative, but it comes with significant risks. It is important for investors to thoroughly research and analyze these stocks before making any investment decisions.
Penny Stocks 30 November 2023
- Shekhawati Poly-Yarn Ltd
- Stock Price: ₹1.10
- Return in 1 month: 144.44%
- 52-week high: ₹1.10
- 52-week low: ₹40.00
- Stock Price: ₹5.10
- Return in 1 month: 108.43%
- 52-week high: ₹5.10
- 52-week low: ₹1.10
- Stock Price: ₹4.30
- Return in 1 month: 100%
- 52-week high: ₹4.10
- 52-week low: ₹1.85
People Can Find This Information Useful for: Penny Stocks, Company Name, Shekhawati Poly-Yarn Ltd, Unitech Ltd, Melstar Information Technologies Ltd
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.