These 7 shares worth less than Rs 50 made me rich, gave returns of up to 354% in 5 months - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Wednesday, May 22, 2024

These 7 shares worth less than Rs 50 made me rich, gave returns of up to 354% in 5 months


If you also earn from the stock market then this news can prove to be useful for you. Most of the stock market investors look for four-and-a-half or penny stocks. Actually, penny stocks are available at low prices and have the potential to give big returns in future. However, this is not necessary because some 45% stocks made investors rich while some stocks did not give any significant returns.

These days, some penny stocks are in the news because their price is less than Rs 50 and these stocks have made investors rich in just 5 months and given returns of up to 354 percent.

These shares made rich

Spright Agro: The price of one share of this company is currently around Rs 35. A year ago, the price of this share was only 68 paise. If we talk about its 5-month result, then in this time the stock has given a return of about 354 percent. The company's share was listed in the stock market in April 2021. Its listing price was 36 paise. In such a situation, the company has given a return of 9705 percent in about 3 years.

Sunshine Capital: Shares of Sunshine Capital have given a return of 12 percent in the last one week, the price of its shares is Rs 3.83. This stock has given only 227% return in one year.

Hindustan Motors: Shares of the iconic Ambassador car manufacturing company Hindustan Motors have made investors rich in just one year. While the stock markets have been under pressure for some time, shares of CK Birla Group company Hindustan Motors have given multibagger returns. Shares of Hindustan Motors have jumped by more than 140 percent in a year. The company is currently worth less than Rs 50 and is trading at Rs 41.

Vipul: Similarly, there is another penny stock which has made investors rich. Vipul's shares have given investors a return of 137% in one year and currently it is at Rs 41.

Vardhman Polytex​ : The stock of Vardhman Polytex Limited has a year low of Rs 4.11 and a year high of Rs 12.15. The face value of this stock is Rs 1 and its beta is 0.75. At the same time, the price to book of this stock is -0.92 and the dividend yield is 0.00%. The price to earnings (P/E) of this stock is 0.00 and the EPS is -1.30 rupees per share. The sector P/E of this stock is 23.60 and the market capitalization is Rs 331.59 crore. This stock has given a return of 112 percent to the investors in one year.

PVP Ventures and Vintron Informatics: Similarly, PVP Ventures and Vintron Informatics have also made investors rich in a short time. PVP Ventures has given a return of 102% to investors and is trading at Rs 29. At the same time, Vintron Informatics shares have given a return of 101% in one year. Its CMP is Rs 31.

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