To understand how investing in quality penny stock can be beneficial, one needs to look at Kaiser Corporations share price. This is one of the multibagger stocks that Indian stock market has produced in recent years.

The BSE-listed small-cap stock with a market cap of near ₹275 crore was available at Re 1 at the end of November 2021. Kaiser Corporations share price ended at ₹52.25 apiece levels, logging to the tune of 5100 per cent rise in this near one year time.

Kaiser Corporations share price history : ₹1-to-₹52-multibagger-penny-stock-turns

In last six months, this multibagger penny stock has remained under the sell off heat. In last one week, it has dipped around 3.50 per cent while in last one month, this small-cap stock has nosedived around 9 per cent.

In last six months, this multibagger stock has tumbled from around ₹98 to ₹52.25 apiece levels, descending around 45 per cent in this time. However, in 2022, this penny stock shot up from around ₹3.50 to ₹55 apiece levels, logging around 2,100 per cent rise in the year gone by.

However, the penny stock was quoting at around Re 1 at the end of November 2021 and it ended at around ₹52 apiece levels on 6th January 2023. So, in this near one year, this penny stock has turned multibagger delivering over 5,100 per cent in this time.

Impact on investment : ₹1-to-₹52-multibagger-penny-stock-turns
Taking cue from Kaiser Corporations share price history, if an investor had invested ₹1 lakh in this small-cap stock one month ago, its ₹1 lakh would have turned to near ₹91,000 whereas in last six months, its ₹1 lakh would have turned to ₹55,000 today.

If the investor had invested ₹1 lakh at the end of 2021, its ₹1 lakh would have turned to ₹22 lakh in the year gone by. However, if an investor had invested ₹1 lakh in this multibagger penny stock at the end of November 2021, its ₹1 lakh would have grown to ₹52 lakh today, provided the investor had remained invested in the scrip throughout this period.

This multibagger penny stock is available for trade on BSE only and it ended on 6th June 2023 with a market cap of around ₹275 crore. Its trade volume on Friday last week was 7,406, which is lower from its 20 days average trade volume of 11,055. Its 52-week low is ₹3.21 whereas its 52-week high is ₹130.55 apiece.

Penny stocks less than Rs.1

• MFL India. 0.96. 18.40. 34.59. 0.00. -0.03. 40.00. 0.00. -100.00. 42.29.
• Amerise BioScie. 0.93. 6.13. 0.00. -0.01. -103.03. 0.00. -100.00. 10.18.
• 7NR Retail Ltd. 0.99. 36.98. 27.73. 0.00. 0.08. -73.33. 10.60. 440.82. 7.66.
• Amraworld Agrico. 0.92. 33.54. 11.07. 0.00. -0.05. 95.73. 0.00. -100.00. 2.39.

Who is the king of penny stocks? ₹1-to-₹52-multibagger-penny-stock-turns

Timothy Sykes is a penny stock trader . He is known for earning $1.65 million from a $12,415 Bar mitzvah gift, through day trading while in college.

Where is the next big penny stock? ₹1-to-₹52-multibagger-penny-stock-turns

Finding a website that lists penny stocks is only a starting point. A good place to start is Wall Street Survivor’s Investing Ideas page which lists various penny stocks. Another option is to use MSN’s Stock Screener which allows you to filter stocks based on desired criteria like price per share.

Read This: Behavior of stock prices full Information 2023

Can penny stocks become big?

Many investors are sceptical of Penny Stocks. However, there have been instances where Penny Stocks have turned out to be Multibaggers. You might be surprised to learn that some of the big names you hear now were once Penny Stocks.

Is penny stock a risk? 

Penny stocks are high-risk securities with small market capitalizations that trade for a low price outside major market exchanges. A lack of history and information, as well as low liquidity, make penny stocks riskier. Look out for scams involving penny stocks that want to separate you from your money.

How to Trade Penny Stocks? ₹1-to-₹52-multibagger-penny-stock-turns

You will need a penny stockbroker who will get you started on trading penny shares in India so that you get the hang of the process of selling them. To start with, you need to register with a broker through an online brokerage platform.

Why I can’t sell penny stocks?₹1-to-₹52-multibagger-penny-stock-turns

Zero or low liquidity: These are the small companies which attract zero or low trade volumes. Even if an investor sets a bid for sell or buy, it takes time to settle due to low volumes. This is why penny stocks are illiquid in nature, as they would not sell when required.

Is penny stocks good for beginners? ₹1-to-₹52-multibagger-penny-stock-turns

Penny stocks have high volatility. This is a fact that concerns many investors. With such volatility, it is possible to lose all of the money that you have invested in penny stocks. The main reason behind this is that penny stocks whose share price is very minimal have experienced a major downfall.

Will penny stocks recover? ₹1-to-₹52-multibagger-penny-stock-turns

Rising investor confidence, improving financial liquidity and higher risk appetites tend to impact shares of higher-risk stocks more than they do with lower-risk ones. As Federal Reserve policy begins to loosen in 2023 as markets expect, many penny stocks will rebound

Is it legal to sell penny stocks? ₹1-to-₹52-multibagger-penny-stock-turns

Are Penny Stocks Illegal? Penny stocks are legal, but they are often manipulated. Penny stocks get their name because of their low share price. Any stock trading below $5 a share is generally considered a penny stock

Can you make millions on penny stocks? ₹1-to-₹52-multibagger-penny-stock-turns

Can penny stocks make you rich? Although penny stocks have some great attributes, they are not right for everyone. These stocks truly can turn a small amount of capital into a huge sum of money pretty fast, but can just as quickly wipe that investment out.

How long should you keep penny stocks? ₹1 to ₹52: Multibagger penny stock turns

Experts Might Hold The Stock For 6 Minutes Or Up To 6 Months: If you are a day trader, you may be buying and selling stocks at an average of every five or 10 minutes. But, investors who are looking for long-term plays and do not want to trade much off momentum, might hold penny stocks for as long as six months.

₹1 to ₹52: Multibagger penny stock turns