Money
5 Penny Stocks Gained Up to 23% Last Week: Risky or Rewarding?
Despite a flat market close, some penny stocks saw significant gains last week. Here’s a closer look at 5 such stocks under Rs 20 with high trading volume:
Top Gainers:
- Comfort Intech (11.33): Up 22.09% in a week, 154% in a year. This company manufactures consumer durables and electronics.
- Inventure Growth & Securities (NR): Up 16.79% in a week, 66% in a year. They offer financial services like trading and mutual funds. (NR – Note: Exact price unavailable)
- Veerkrupa Jewellers (2.08): Up 21.64% in a week, down 10.73% in a year. This company deals in gold and silver jewelry.
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Moderate Gainers:
- Seacoast Shipping Services (5.56): Up 10.10% in a week, 43% in a year. They provide logistics services to exporters and importers.
- Remedium Lifecare (18.69): Up 3.66% in a week, down 48% in a year. This company trades pharmaceutical ingredients.
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Important Note: This is not financial advice. Penny stocks are inherently risky due to high volatility and low liquidity. Consider consulting a financial advisor before investing.
Disclaimer: The information above is based on the original article. I haven’t included the exact disclaimer since it’s specific to ET Now Digital.
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