In FY26, 10 penny stocks have posted sharp gains, delivering returns ranging from 50% to as high as 205%. Notably, four of them have emerged as multibaggers. These standout performers were selected based on specific criteria: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares. This strategy focuses on identifying low-priced, actively traded micro-cap stocks that demonstrate strong upward momentum. (Data Source: ACE Equity).While returns have been sharp, penny stocks remain high-risk due to volatility and low liquidity.
M-cap of six of top 10 most valued firms climbs Rs 63,000 crore; L&T, SBI biggest gainers
Top Indian firms saw a significant market valuation surge last week, with Larsen & Toubro and State Bank of India leading the gains. Six of