Penny Stocks priced below Rs. 10 multi-baggers processed in just one month; 1 year return up to 2582%

Shine Supremex steels:

Previously known as ICVL Steels, the company is involved in the steel trading and acts as a consultant on all complications relating to the steel industry. The certificate in commerce from January 3, 2022 reached the top channel price of Rs. 11.82. As for its financials, the debt-free company saw a drop in revenue in fiscal year 21. And for the last quarter of September of fiscal year 22, the company reported a higher loss at Rs 0.04 crore.

SRM Energy:

SRM Energy:

Formerly known as Hitkari Fibers, the company is dedicated to power generation. SRM Energy is the merged entity of SRM Energy Private Ltd. with Hitkari Fibers Ltd. An important distinction is the ownership of the UTI ULIP fund for several years at more than 3%.

    Plant products:

Plant products:

The company incorporated in 1953 began with the manufacture of products based on edible vegetable oils under the brand “PRATAP VANASPATI”. The company’s products are well known in West Bengal and other states.

The stock market action on January 3, 2022 has reached a higher circuit. On its financial statements, the company reported a loss for the quarter ended in September and, over time, also increased its debt to 0.41. Other metrics are that the company is trading at 4.21 times its book value. The promoter’s holding is low, just over 24%, and the return on equity is low.

    Indian Infotech And Software Ltd:

Indian Infotech And Software Ltd:

Incorporated as “Indian Leasers Limited” on May 22, 1982, it is registered with RBI as an NBFC company. The company is involved in the business of financing and investing and training on computer technology and its related activities. The company’s certificate is listed on the ESB.

This is another debt-free stock with a low 19.28 percent promoter stake. The company also recorded weak sales growth of -36.53% over the past five years.

    Visagar Financial Services:

Visagar Financial Services:

NBFC Company is stuck in the top price channel today and has the following drawbacks including a low RoE of -1.62% over the past 3 years. The company’s promoter stake was also low at 5.34%. The company’s finances, however, improved with revenues of Rs 66 crore in FY21.

Also for the September quarter, the company posted a net profit versus a net loss for the last 3 quarters.

Penny stocks below Rs. 10 that delivered multibagger returns

Penny stocks below Rs. 10 that delivered multibagger returns

Penny stockIndustryPrice as of December 3, 2021LTP as of January 3, 20221 month return1 year return
Shine Supremex steelsSteelRs. 5.9Rs. 11.82100.34%372.80%
SRM EnergyTo be able toRs. 4.92Rs. 8.75126.00%290.60%
Plant productsEdible oilRs. 9.27Rs. 25.7177.00%1032.00%
Indian InfotechNBFC4.33 rupeesRs. 8.85104.00%2,582.00%
Visagar Financial ServicesFinanceRs. 3.23Rs. 8.79172.00%1232.00%
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