4 Penny Stocks Priced Below Rs 8 That Offered 137% Return In Last 2-Weeks

Four penny stocks priced under Rs 10 offered return up to 44% in last 1-week only and gave attractive return of 137% in last 2-weeks span. These penny stocks are Visagar Polytex Limited, CNI Research, Genpharmasec, and RO Jewels. Check details pertaining to these stocks below:

1. Visagar Polytex Limited: Last trading price of the BSE-listed penny stock is Rs 1.77 apiece with intraday fall of 8.29% as on January 12, 2024. The company has a market capitalisation of Rs 51.81 crore. Visagar Polytex shares offered return of 43.90% in last 1-week span. In last 6-months, Visagar Polytex Limited shares gained 110% and surged 48% in last 1-years. In last 2-years, Visagar Polytex shares declined 33% and offered 152% return in last 5-years.

2. CNI Research: Last trading price of CNI Research share on BSE is Rs 4.00 apiece with intraday gain of 19.76%. The company has a market capitalisation of Rs 45.92 crore. The 52-week high price of CNI Research share on BSE is Rs 4.00 apiece and 52-week low price is Rs 1.61 apiece, respectively. CNI Research shares offered return of 41.31%, soared 66.67% year-to-date, and surged 94% in last 82-months.

3. Genpharmasec Ltd: Last trading price of Genpharmasec share on BSE is Rs 6.64 apiece with intraday gain of 4.90%. The 52-week high price of Genpharmasec share on BSE is Rs 6.64 apiece and 52-week low price is Rs 1.61 apiece, respectively. The company has a market capitalisation of Rs 367.67 crore. Genpharmasec shares soared 132% year-to-date, and gained 137% in last 2-weeks, and offered return of 227% in last 6-months.

Recently, the company issued a BSE filing stating, "This is in furtherance to our intimation on the outcome of the meeting of the Right Issue Committee of the Board of Directors of the Company ("Board") held on 03" January, 2024 and intimation of record date, this is to inform you that the Right Issue Committee in its meeting held today, i.e., O9t January, 2024, has approved the Letter of Offer, Abridged Letter of Offer, etc. for the Rights Issue of the Company which is scheduled to be opened on January 22, 2024 and to be closed on February 09, 2024."

4. RO Jewels: Last trading price of RO Jewels on BSE is Rs 6.86 apiece with intraday gain of 8.37%. The 52-week high price of RO Jewels share on BSE is Rs 13.37 per share and 52-week low price is Rs 3.11 apiece, respectively. The company has a market capitalisation of Rs 34.61 crore. RO Jewels shares soared 37.75% in last 1-week, gained 62.56% year-to-date, and surged 77% in last 3-months. In last 1-year, RO Jewels shares declined 31%.

Disclaimer: The stocks highlight rally and are not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stocks mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.