BELOW ARE THE LIST OF 10 BEST MULTIBAGGER PENNY STOCKS CHECK IT OUT NOW FOR FREE
1. CG Power & Industrial Solutions
CG Power and Industrial Solutions Limited was previously known as Crompton Greaves Limited. It is an Indian multinational company which is engaged in design, manufacturing, and marketing of products related to power generation, distribution, and transmission. It was established in Mumbai and is a part of the famous Murugappa Group.
The stock of CG power and industrial solutions has risen by 299% to Rs 43.20 as of December 24, 2020, from 10.82 on December 31, 2019.
2. Alok Industries
Alok Industries Ltd is an Indian textile manufacturing company based in Mumbai. It is an ISO 9001:2000 certified company. The main business activity of Alok industries involves weaving, knitting, processing, home textiles, ready-made garments and polyester yarns. The company exports around 26% of its products to over 90 countries in Europe, South America, Asia, the US and Africa. Reliance Industries Ltd and JM Financial Ltd took over this company right after having acquired it in bankruptcy proceedings.
The stock of Alok Industries Ltd. has risen by 602% to Rs 21.35 as of December 24, 2020, from Rs 3.04 on December 31, 2019.
3. Karda Constructions
Karda construction is a Nashik based company which was founded by its promoter Mr Naresh Karda, back in 1994. Later, it was incorporated in 2007 as Karda Constructions Private Limited. The company has an experience of more than 2 decades in the construction industry.
The core business activities of this company include real estate development - residential projects and residential projects cum office space as well as construction contracts.
The stock of Karda Constructions has risen 376% to Rs 113.10 as of December 24, 2020, from 23.74 on December 31, 2019.
Subex Limited is an enterprise software company based in Bangalore, India. It delivers digital trust products to communication service providers. The company is listed on BSE and NSE in India.
Subex provides digital solutions for 75% of the top 50 telcos of the world. Founded in 1992, it consults to global telecom and carriers for operational excellence and business transformation by driving fresh revenue models, improving the customer experience and optimizing the enterprise as well.
The stock of Subex has risen 403% to Rs 29.70 as of December 24, 2020, from Rs 5.90 on December 31 2019.
5. Kellton Tech Solutions
Kellton Tech Solutions Ltd. (KTSL) is an India based information technology and outsourcing company headquartered in Hyderabad, with overseas offices in the United States and Europe. The company documented net revenues of Rs. 7.39 billion with more than 1400 employees till now.
The stock of KTSL has risen 301% to Rs 72.40 as of December 24, 2020, from Rs 18.05 on December 31, 2019.
6. RattanIndia Infrastructure
RattanIndia Infrastructure Limited is a holding company which is committed to setting up its power project in India for the purpose of generation of thermal power. RattanIndia infrastructure is pursuing consultancy options in generation, transmission and distribution of the power.
The stock of RattanIndia Infrastructure has risen 253% to Rs 6.61 as of December 24, 2020, from Rs1.87 on December 31, 2019.
7. Jaiprakash Associates
Jaypee Group's Jaiprakash Associates is a well-varied and diversified infrastructural industrial empire in India. The company is an assorted infrastructure coalition with business interests into engineering & construction, cement, power, real estate, expressways, fertilizer, healthcare, sports, hospitality, information technology and education (not-for-profit).
8. Tata Teleservices (Maharashtra)
Tata Teleservices (Maharashtra) Limited spearheads the Tata Group's existence in the telecommunication sector. Tata Teleservices (Maharashtra) Limited is one among the leading mobile telecom service providers providing mobile connectivity and services to consumers all over Mumbai and Maharashtra circles.
The stock of this company has risen 237% to Rs 7.59 as of December 24, 2020, from Rs 2.25 on December 31, 2019.
9. Marksans Pharma
Marksans Pharma is a global pharmaceutical company. The company is actively committed to R & D and also offers customer relationship and asset management systems (CRAM) to global pharmaceutical companies.
The stock of Markson's Pharma has risen 247% to Rs 58.05 as of December 24, 2020, from Rs 16.71 on December 31, 2019.
10. Bombay Rayon Fashions
Bombay Rayon Fashions Ltd. (BRFL) is a vertically integrated textile company which was founded back in 1986. It is committed in the manufacture of a broad range of fabrics and garments from the state of the art production facilities. BRFL is on the brink of completing 25 years in the fabrics industry.
The stock of Bombay Rayon Fashions limited has risen 220% to Rs 13.44 as of December 24, 2020, from Rs 4.20 on December 31, 2019.