Several penny stocks priced under Rs 10 have delivered substantial returns, ranging from 200% to 570% over the past year. These small-cap companies, including Pro Fin Capital Services and Nibe Ordnance and Maritime, have attracted high-risk investors seeking significant gains. Despite their limited liquidity, these stocks have outperformed, showcasing the potential for lucrative opportunities in the penny stock market.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader