Nifty may have lost its spark since last Diwali, but 25 penny stocks made investors up to 540% richer

While major Indian stock indices saw modest gains, a surprising rally occurred in penny stocks. Over the past year, at least 25 low-priced stocks delivered returns of up to 540%, significantly outperforming larger counterparts. These microcap gains, often in sectors like infrastructure and finance, highlight a vibrant, albeit speculative, segment of the market.

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