Over the past three months, a group of 11 penny stocks has delivered standout returns, with gains starting at 30% — and three of them emerging as multibaggers. These high flyers were shortlisted based on a focused set of filters: a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares. This criteria helped identify low-priced, actively traded small market-cap stocks with strong upward momentum. (Data Source: ACE Equity)

Penny stocks continue to draw interest for their low price points and high return potential. However, the path to profit is risky. These stocks are typically marked by low liquidity, sharp price swings, and limited financial disclosures. For investors, that means treading carefully — success in this space demands more than luck. A disciplined approach and solid risk management are essential.