Advertisement

Multibagger penny stock 2022 worth Less than Rs 0.5

Masroor Alam
0

— This Multibagger penny stock is worth Rs. 0.5 has made Rs. 1 lakhs in 2 years to Rs. 50 lakhs

Before going to list the top 10 multibagger penny stock 2022 list, plz see our 2021 list and their return...

Looking at the price history of this stock, in the last 1 week, this multi-bagger penny stock has increased from Rs 20.65 to Rs 24.95.


Looking at the price history of this stock, in the last 1 week, this multi-bagger penny stock has increased from Rs 20.65 to Rs 24.95.

If someone had invested Rs 1 lakh at Rs 0.50 per price two years ago, then today his Rs 1 lakh would have become Rs 50 lakh.

The tremendous sell-off during the Kovid epidemic and the subsequent rapid recovery in the market has seen many such stocks which have proved to be the multi-bagger of 2021. The shares of all the segments of the market have participated in this multi-bagger list. The year 2021 has also been memorable for small and penstocks. This market rally has proved that investing in penny stocks can give you tremendous returns but the condition for this is that the fundamentals of the company should be strong.

1. Lloyds Steels Industries

The stock of Lloyds Steels Industries has proved to be one such stock that has been in the multi-bagger of 2021. This multi-bagger was closed on 10 January 2021 at Rs 0.50 on NSE. At the same time, on 7 January 2022, this stock has closed at Rs 24.95 on NSE. This stock has seen a return of 4900 percent during this period.

Looking at the price history of this stock, in the last 1 week, this multibagger penny stock has increased from Rs 20.65 to Rs 24.95. It has given a return of around 21 percent in this period. In the last 1 month, this penny stock has given a return of 130 percent and it has increased from Rs 10.80 to Rs 24.95.

Read more:- Next GME stock ready to fire

In the last 6 months, the price of Lloyds Steels Industries has increased from Rs 3.45 to Rs 24.95. It has seen an increase of 625 percent in this period. Similarly, in the last 1 year, this multibagger penny stock has increased from Re 1 to Rs 24.95 and it has given a 2400 percent return in 1 year period. Similarly, in the last two years, this penny stock has increased from 0.50 percent to Rs 24.95. The stock has gained 4900 percent in this 2 year period.

Analysis based on the stock price history of Lloyds Steels Industries, if an investor had put Rs 1 lakh in this stock 1 week ago, then his Rs 1 lakh would have become Rs 21,000 today. On the other hand, if someone had invested 1 lakh rupees 1 month ago, then today his 1 lakh rupees would have become 1.21 lakh rupees. On the other hand, if someone had invested Rs 1 lakh 6 months ago, then today he would have been getting Rs 1 lakh Rs 7.25 lakh.

Similarly, if someone had invested 1 lakh rupees 1 year ago and stayed in it, then today he would be getting 25 lakh rupees. On the other hand, if someone had invested Rs 1 lakh at Rs 0.50 per price two years ago, then today his Rs 1 lakh would have become Rs 50 lakh.

Multibagger penny stock 2022

Investing in penny stock is highly risky as a small trigger leads to high volatility in the stock. However, 2021 has been a remarkable year for various penny stocks with good fundamentals as a good number of penny stocks entered the list of multibagger penny stocks in 2021. 


Now, after ushering into the New Year 2022, retail investors are busy finding out possible multibagger stocks for 2022.

  • Rana Sugar Ltd
  • Pil Italica
  • Genus Paper & Boards Ltd
  • Mishtann Food Ltd
  • PMC Fincorp
  • FCC Software
  • Videophone

In the above list, our best of the best pick is Pilita 

Pilita share price has been under selloff heat since April 2021 but it has shown a rebound in the last few trade sessions. It is a quality stock as the company fundamentals are strong enough. The small-cap company has a PE ratio of 49, which is understandable due to its small liquidity. But, it may hit ₹19 to ₹20 levels in short-term."


Pilita the penny stock has given a fresh breakout at ₹10.40 on closing basis and it is currently at ₹11.10 apiece levels on NSE. He said that Pilita shares have strong support at ₹10.40 levels and from here sharp upside move can be expected in the counter as Pilita share price is still around 45 per cent discounted price from its 52-week high of ₹19.20 per share levels on NSE."


Target price 2022


"On chart pattern, Pilita share price is poised for sharp upside rally and once it breaks its 52-week high on a closing basis, we can expect the counter to go up to ₹35-38 levels in next 6 months, The stock is poised to go up to ₹19 to ₹20 in short term₹35 to ₹38 in medium-term whereas it may go up to ₹50 levels in long-term."



Tags

Post a Comment

0 Comments
* Please Don't Spam Here. All the Comments are Reviewed by Admin.
Post a Comment (0)

Advertisement

Advertisement

👇
Legal Notice

Legal Copyright Disclaimer: LetMeAsk is a tech website that publishes tutorials, news, and reviews. We do not verify if apps, services, or websites hold the proper licensing for the media that they deliver. We do not own, operate, or re-sell any streaming site, service, app, or addon. 

Each person shall be solely responsible for media accessed and we assume that all visitors are complying with the copyright laws set forth within their jurisdiction. Referenced applications, add-ons, services, and streaming sites are not hosted or administered by LetMeAsk.

Our website uses cookies to enhance your experience. Learn More
Accept !