 "Penny pop: here's how to make 40% in a week")
Penny stocks (stocks trading below Rs 10 per share) are always alluring to investors as they offer an easy way to make money in what is usually a short period of time (if you’re lucky, that is).
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Below is a list of penny stocks that generated 10-40 percent since 11 May i.e., the past seven trading sessions. In comparison, the benchmark Sensex fell by 5 percent during the same period. But be warned. Penny stocks are usually the easiest to manipulate - and don’t be surprised if you actually lose it all.
Top of the list is B&B Realty which has gained more than 40 percent in the last seven trading sessions. The company has a market cap of Rs 14 crore and is engaged in trading activities. As per Ace Equity, the company’s income is generated from trading in Jute fibers. Its stock has moved up to Rs 9.6 per share from Rs 6.7 earlier.
 Second on the list is Ashish Polyplast which has moved up to Rs 4.26 per share from Rs 3.06 per share earlier, delivering 40 percent returns. The company which has market cap of Rs 1.4 crore is engaged in offering its clients with hoses and hose assemblies. Other stocks that have generated 20-30 percent returns during the similar time frame are Birla Capital & Financial Services, BGIL Films & Technologies and Bluechip Stockspin.
Disclaimer: Firstpost is looking at penny stocks to tell you what may be going on there, and not to bring you an investment opportunity. Investors are warned that they should NOT take any buy or sell decision based on the information presented in our posts or market price trends. Investors should consult their own financial and share advisors before taking purchase or sale decisions. Firstpost does not take any responsibility for any losses incurred by investors who take their cues from our posts and chat sessions.
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