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.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The