These 26 penny stocks defied gravity to hit 2,600% in the first half of 2022

















The first half of 2022 has been marked by intense selling pressure on Indian equities due to rising inflation, REIT outflows, monetary policy tightening, geopolitical concerns and a weaker currency.





The first half of 2022 has been marked by intense selling pressure on Indian equities due to rising inflation, REIT outflows, monetary policy tightening, geopolitical concerns and a weaker currency.


Despite this market chaos, more than two dozen Multi-bagger returns to investors during the first half of the current calendar year.


According to data from Ace Equity, 26 stocks have so far generated returns of up to 2,660% in 2022, with three stocks posting gains of over 1,400%.



Mumbai-based trading and distribution company Kaiser Corporation topped the list after climbing 2,667.03% in the first half of 2022. The stock fell from its close of Rs 2.79 on December 31 2021 at Rs 77.2 on June 30, 2022.



Here are the penny stocks that are up 2,600% from January:































Sr No.

Company Name

Price as of 12/31/2021

Price as of 06/30/22

Yield (percentage)

1

Kaiser Corporation Ltd.

2.76

77.2

2667.03

2

Galloping Companies

4.56

79

1632.46

3

Hemang Resources

3.09

48.55

1471.2

4

Alliance Intergated Metalliks

2.71

25.3

833.58

5

Beekay Niryat

7.41

50.15

576.79

6

BLS Infotech

0.63

4.09

549.21

seven

Issuance of Sadhna

2

12:15 p.m.

507.50

8

Central India Industries

3.53

21.2

500.57

9

Cressanda Solutions

6.47

31.7

389.95

ten

Khobsurat

0.5

2.13

326.00

11

Diligent industries

2.88

9.94

245.14

12

Second stage of companies

5.98

19.95

233.61

13

VCU data management

9.97

30.15

202.41

14

Toyam Industries

4.11

12:32 p.m.

199.76

15

Triveni glass

7.62

22.65

197.24

16

Jaihind Synthetics

7.28

9:45 p.m.

194.64

17

Regency Trust

1.4

3.97

183.57

18

BCL companies

0.85

2.15

152.94

19

Swadeshi Polytex

6.14

3:44 p.m.

151.47

20

Modern steels

7.94

7:65 p.m.

147.48

21

Infotechnic MPS

0.29

0.71

144.83

22

Sound Adhesives

9.34

22.51

141.01

23

Gilada Finance & Investments

8.56

19.5

127.8

24

Madhusudan Securities

1.59

3.44

116.35

25

Tooth Agro

6.8

14.5

113.24

26

Lesha Industries

6.3

12.6

100





























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