Penny stock Hardwyn India has shown to be a very successful investment for long-term holders. These significant increases demonstrate its steady and significant value growth trajectory over time, indicating its potential as a high-return investment in the penny stock market.
Nine penny companies saw price rises ranging from 20% to 55% during this surge. Stocks with a market capitalization of less than Rs 1,000 crore, a share price of less than Rs 20, and a trading volume more than 5 lakh shares were the main focus of our selection criterion.
List of These 9 penny stocks surged up to 55% in a week
| Stock | Weekly Gain |
| Karnavati Finance | 54% |
| Veeram Securitiesย | 30% |
| Cressanda Railway Solutionsย | 27% |
| Baroda Extrusion | 27% |
| Vasudhagama Enterprises | 26% |
| Seven Hill Industriesย | 25% |
| ARC Finance | 23% |
| Ramchandra Leasing & Finance | 20% |
| Indian Acrylicsย | 20% |
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What Is a Penny Stock?
Any stock that sold for less than $1 per share was formerly referred to as a penny stock. The term has been amended by the U.S. Securities and Exchange Commission (SEC) to encompass any shares that trade for less than five dollars. The SEC is an independent federal government organization tasked with ensuring the securities markets run correctly and in an orderly manner in order to safeguard investors.
Penny stocks are frequently linked with small enterprises with a lack of liquidity, indicating that there are few ready buyers in the marketplace. As a result, investors may find it difficult to sell stock since there may not be enough buyers. Investors may find it challenging to locate a price that fairly reflects the market due to the limited liquidity.
