Multibagger stock tips- Penny stocks are such stocks which are very cheap and have low market value. Today we are talking about the stock of Suraj Industries. This stock has given 3,378% return to its shareholders in the last six months.
Investing in the stock market is as much risk as it is beneficial. There are many such stocks in the market which have made their investors rich in no time. If you want to invest in the stock market, then you can invest in penny stock. These days many multibagger penny stocks have given excellent returns to the investors.
Let us tell you that penny stocks are such stocks which are very cheap and whose market value is low. Today we are talking about the stock of Suraj Industries.
Stock of ₹ 2 increased to ₹ 74 in 6 months The stock of
Suraj Industries has given 3,378% return to its shareholders in the last six months. This penny stock was at Rs 2.14 on June 2, 2021, which rose to an all-time high of Rs 74.45 on BSE on Thursday.
The stock has gained 175.2% in the last 21 sessions. On Thursday, the stock opened with a gain of 4.93% at Rs 74.45 on the BSE. The market cap of the firm increased to Rs 64.40 crore. A total of 150 shares of the firm traded at Rs 0.11 lakh on the BSE. Microcap share had hit a 52-week low of Rs 1.29 on December 7, 2020.
1 lakh became 34 lakh more than
six months ago the amount of one lakh rupees invested in the stock of Suraj Industries would have become Rs 34.78 lakh today. In comparison, the Sensex has gained 12.5 per cent during this period. In the September 2021 quarter, the firm made a profit of Rs 0.82 crore as against a loss of Rs 0.08 crore in the corresponding quarter of the previous financial year.
Share of Suraj Industries is trading above 5 Day, 20 Day, 50 Day, 100 Day and 200 Day Moving Average. The stock has gained 162% in one month.