Multibagger Penny Stock The price of this penny stock was Rs 1 in the year 2014 and now its price is Rs 9. However, in the last one year, this stock has given negative returns, whereas in 5 years, this stock has almost doubled the money of the investors. This company deals in leather.
To get better returns from the stock market, millions of people like to invest in penny stocks. The biggest reason for this is the low price of the shares, because due to low prices, shares can be purchased in large numbers. But, investing in 25 paise shares is quite risky. Because, if the fundamentals of the company are not good, then the invested money gets stuck.
We are going to tell you about such a penny stock, whose price is just Rs 9 and it has multiplied the money of the investors nine times.
Company with a market cap of Rs 100 crore
Super Tannery Ltd is a company with a market cap of about Rs 100 crore. Super Tannery deals in leather. This company manufactures various products made from buffalo leather, these include leather, leather shoes and other leather products.
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