Rs.1.45 to Rs.88... Penny stock giving 5550% profit in 6 months...!
Usually, penny stocks are the least expensive. Market capital will also be below. They will say that these stocks are risky. But even better stocks can make a good profit.
The best example of this is the role of the penny. There will be no major change in these. It is enough to invest a small amount.
For example, if you want to buy reliance Industries shares today, you will have to pay Rs 2,408 per share.
180 shares will be available here instead of one reliance share. But the position of reliance is different. The position of this company is different.
So you should buy these penny stocks as quality stocks. Not all stocks can be bought as the price is low.
But even then some stocks gave good returns. Even stocks that thought why all this would not work were bullish at the time. Most stocks saw a sharp decline in March, but then touched a 52-week high in the months that followed. This list also includes some penny stocks.
Decline in profit-bookingThe price of this stock has come under slight pressure due to profit booking over the last one month. It has been reduced from 103 rupees to 82 rupees. As of May 20, 2021, the share price was 1.45 rupees.
Level of investment
1 lakh in the last six months on this share. If we had invested at the level of 1.90 rupees, today it is worth Rs. 43 lakhs. If the same was done at the level of 1.45 rupees more than 56 lakh rupees.
Opportunities like this are rare. If you get such an opportunity, you should know about the company fully and then make a decision.