In the past six months, seven multibagger stocks trading under Rs 50 have delivered extraordinary returns, with the top performer surging as much as 942%. Leading the list is iStreet Network Ltd, whose share price spiked from Rs 4.69 to Rs 48.87 on the BSE, representing a phenomenal 942% gain in just half a year.businesstoday
7 Multibagger Stocks Under Rs 50
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iStreet Network Ltd (Rs 4.69 to Rs 48.87, up 942% in six months).businesstoday
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Other notable multibaggers in this price range have also delivered substantial returns in a short period, often linked to company-specific triggers, sector momentum, or broader market trends.businesstoday
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Lists from other sources also mention companies like Jaiprakash Power Ventures Ltd, SBC Exports Ltd, and PVP Ventures Ltd as top performers among stocks under Rs 50, reflecting robust market momentum in select small- and micro-cap segments.samco
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Penny stocks in this range carry high risk but can potentially offer outsized gains, as demonstrated by the recent rally in these names.samco+1
Investors should note that while such returns are eye-catching, stocks with such low prices also come with higher risk due to volatility, business fundamentals, and liquidity issues. Due diligence is crucial before investing in penny stocks.
Even as benchmark indices navigate bouts of volatility, several penny stocks have outshone the broader market, delivering staggering multibagger returns. Over the past six months, the Sensex has advanced 6 per cent, while the BSE SmallCap index has climbed 11 per cent. Yet, data from the exchanges reveal that a clutch of companies with stock prices below Rs 50 have skyrocketed as much as 942 per cent during the same period.iStreet Network Ltd
Leading the pack, iStreet Network Ltd delivered an eye-popping 942 per cent return in just six months, with its share price rocketing from Rs 4.69 to Rs 48.87 on the BSE. The stock gained 4.98 per cent on Friday to close at Rs 48.87. The company operates in the Information Technology (IT) space, offering services spanning Artificial Intelligence (AI), e-commerce, and IT product distribution.
Triton Corp Ltd
Triton Corp Ltd generated an impressive 220 per cent return, as the stock advanced from Rs 0.55 to Rs 1.76 over the six-month period. The company provides IT and IT-enabled services, including call center operations and management consultancy for IT-related businesses. On Friday, the stock inched up 1.73 per cent to close at Rs 1.76.
Take Solutions Ltd
Operating in the Life Sciences domain, Take Solutions Ltd witnessed a 189 per cent surge in its share price, which jumped from Rs 8.60 to Rs 24.92. The company provides comprehensive Clinical, Regulatory, and Safety services. On Friday, the stock closed 4.97 per cent higher at Rs 24.92.
Hybrid Financial Services Ltd
Hybrid Financial Services Ltd delivered 170 per cent gains, with its share price rallying from Rs 11.95 to Rs 32.27. The company offers management consulting services and advisory solutions in debt recovery, finance, and taxation. The stock, however, came under pressure on Friday, slipping 4.98 per cent to Rs 32.27.