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.
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting