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In 2024, penny stocks have made headlines with some delivering up to 62,000% returns in just one year. These stocks, often bought for quick gains, have shown impressive growth. The top ten gainers include Sri Adhikari Brothers, Marsons, BITS, Vantage Knowledge Academy, Ace Angitech, Healthy Life Agritech, Ashika Credit Capital, Vuenow Infratech, and ITCONS E-Solutions.
Sri Adhikari Brothers Television Network topped the list with a remarkable 62,115% increase. Despite reporting a turnover of Rs 2.8 crore and a loss of Rs 21 crore in FY24, the stock’s performance has been outstanding. Other notable mentions include Marsons with a 2,579% rise and BITS with a 1,997% increase.
Investors have taken notice of these gains, and many are considering penny stocks as a potential investment avenue. However, it’s important to remember that penny stocks come with high risks. Investors should do thorough research and consult with financial experts before making any decisions.
