Multibagger Penny Stocks For 2017

Multibagger penny stocks 2017

Buying penny stocks can be a very rewarding exercise. Such stocks can turn into multibaggers and create huge wealth for investors and traders.

Porinju Veliyath portfolio has penny stocks

Several well known investors like Porinju Veliyath are specialists in finding micro-cap stocks which turn into multibaggers. Their portfolio has a number of such penny stocks in them.

Porinju Veliyath has bought stocks like Kitex Garments, TCI, Shreyas Shipping etc for his portfolio when they were micro-cap stocks.

Today, most of the stocks are multibagger mid-cap stocks.




In 2016, several penny stocks have given gains of up to 350%.

DCM Financial was the star performer amongst the micro-cap stocks. It has surged from Rs. 1.15 on December 31 2015 to Rs. 4.75 on December 26 2016.

This means that DCM Financial has given investors gains of 350% in just one year.

Other penny stocks also put up a splendid performance.

MPS Infotechnics was up a fabulous 275 per cent. Gayatri Sugars gave 269 per cent return. GSL Nova Petro was up 250 per cent while Frontier Info was up 180 per cent.

Other micro-cap stocks which sparkled and gave huge multibagger gains to investors and traders include Winsome Yarns, Ajel, Haria Exports and Filmcity Media.

These stocks gave gains of 165 per cent, 145 per cent, 107.70 per cent and 107 per cent, respectively, during the year 2016.

Best Penny Stocks India To Buy

Check out the Rules For Investing In Penny Stocks and also see the Dark Horse candidates

500% gains from penny stocks

Some stocks like Alps Industries have rallied from Rs 1.55 in December 2014 to Rs 8.27 as of December 26 this year. This is a gain of more than 500%.

Other penny scrips like Biofil Chemicals, DCM Financial, and Century Extrusions have advanced 250-350 per cent over the past two years.

Penny stocks are risky

Porinju Veliyath advised investors to be careful about penny stocks because they carry a lot of risk.

Some stocks are speculative in nature and are also operator-driven. They also suffer from low liquidity which makes exiting the stocks difficult.

But investors who dared to bet many of such shares are today sitting on massive profits. It is a good strategy to buy a basket of such stocks because the loss of one (limited to 100%) can be off-set by the gains (unlimited) of the others.

Latest list of penny stocks that are worthy of consideration

BIRLACOT
BIRLAPOWER
PARASPETRO
SRGINFOTEC
LCCINFOTEC
FCSSOFT
ANTGRAPHIC
FARMAXIND
ATNINTER
JCTEL
BLUECHIP
LLOYDFIN
ASHCONIUL
NUTEK
NICCO
AUSTRAL
COUNCODOS
DHANUS
RMMIL
DYNATECH
VISUINTL
KRISHNAENG
KMSUGAR
PARACABLES
RADAAN
QUINTEGRA
CENTEXT
IL&FS Invest. Mgrs
JVL Agro Industries
NeoCorp International Ltd.
Genus Power Infrastructure

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