8 Penny stocks touched upper circuit on March 2, 2023. These low-priced small cap stocks are Otco International, Kavveri Telecom Products, Gala Global Products, Polo Hotels, Kome-on Communication, JBF Industries, Arshiya, Zee Learn, and Future Lifestyle Fashions.
Some of these penny stocks delivered multibagger returns in just 1-month thus doubling investors money. Check details pertaining to these stocks with low market capitalisation below:
1. Otco International
Last trading price of Otco International is Rs 5.94 apiece with intraday gain of 10%. The stock hit upper circuit in trade today. It has a market capitalisation of Rs 7.70 crore. The stock delivered 6% return in last 3-months and 14% return in last 6-months.
2. Kavveri Telecom Products
Last trading price of Kavveri Telecom Products is Rs 6.38 apiece with 10% intraday rally. It touched upper circuit on March 2, 2023. Kavveri Telecom Products has a market capitalisation of Rs 12.84 crore. It delivered strong returns to investors in a short span of time. It gave 157% return in just 1-month and 236% return in last 3-months. The Telecommunication sector fell 36% in last 6-months.
3. Gala Global Products
Last trading price of the penny stock that hit upper circuit on March 2, 2023 is Rs 8.19 apiece with intraday gain of 5%. The Paper sector has a market capitalisation of Rs 43.11 crore. It delivered 19% return in last 1-week and fell 73% in last 1-year.
4. Polo Hotels
Last trading price of the Tourism & Hospitality penny stock is Rs 8.83 apiece with intraday gain of 4.99%. It has a market capitalisation of Rs 19.76 crore. The stock gave 44% return in last 3-months and 75% return in last 1-year. It fell 8% in last 6-months.
5. Kome-on Communication
Last trading price of the Media & Entertainment sector stock is Rs 2.53 apiece with intraday gain of 4.98%. It hit upper circuit on Friday. It has a market capitalisation of Rs 3.80 crore. The stock fell 21% in last 1-month and gave 5% return in last 3-months. In last 5-years, it gave 156% return.
6. Arshiya
The Logistics sector stock's last trading price is Rs 6.96 apiece with intraday gain of 4.98%. It has a market capitalisation of Rs 183.38 crore. It gave 25% return in last 1-week and fell 82% in last 1-year.
7. Zee Learn
Last trading price of Learning & Education sector stock is Rs 3.59 apiece with intraday gain of 4.97%. It also hit upper filter of the circuit limit today. It has a market capitalisation of Rs 117.07 crore. It gave 14% return in last 1-week and fell 72% in last 1-year.
8. Future Lifestyle Fashions
Last trading price of the stock on BSE is Rs 5.93 apiece with intraday gain of 4.96%. It hit upper circuit on Friday. It has a market capitalisation of Rs 119.65 crore. The Retail sector stock rallied 23% in last 3-months and declined 89% in last 1-year.
Disclaimer
The stocks hit upper circuit on Friday, March 2, 2023. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.
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