The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • Changes to ERISA Open Door to ESG Investments

  • Investment banker who jumped to his death from Times Square bar had run-ins with police over money

  • Hyesan authorities crack down hard on Chinese cell phone users, including money transfer brokers

  • Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100

  • Is CryptoPlanes (CPAN) a Good Investment Thursday?

Stock Shares
Home›Stock Shares›2 Multibagger Penny Stocks Locked In Upper Circuit To Watch Next Week

2 Multibagger Penny Stocks Locked In Upper Circuit To Watch Next Week

By Megan
May 29, 2022
59
0
Share:

Despite a poor market, most small-cap and penny stocks have reached their upper circuit, which is the maximum intraday price at which a stock can touch, and hence there are no sellers and only buyers. Meanwhile, shares of Impex Ferro Tech Ltd and Zenith Steel Pipes & Industries have recently locked in their upper circuit and have earned multibagger gains in the last year.

Impex Ferro Tech

On Friday, Impex Ferro Tech’s stock touched the upper circuit for the ninth time in a row. On 27/05/2022, the stock reached its 52-week high with a final traded price of ₹10.54. The BSE-listed multibagger stock has been touching higher circuit since May 19, 2022, despite a weak market. In the previous year, the stock has climbed from ₹0.72 as of June 1, 2021 to the current market price, resulting in a massive multibagger return of 1,363.89 per cent. Year-to-date (YTD), the stock has risen from ₹1.35 on January 3, 2022 to ₹10.54, resulting in a multibagger return of 680.74 per cent in 2022 so far. This multibagger stock has gained by nearly 200 per cent in the previous six months, rising from around ₹110 to ₹329.45. Impex Ferro Tech’s share price has increased by over 63 per cent in the previous month, rising from ₹6.45 to ₹10.54. The stock hit a 52-week low of ₹0.72 on June 1, 2021, and the company’s market valuation is ₹92.68 crore. Its most recent trade volume was about ₹11,647, with a 20-day average trade volume of ₹48,259. Impex Ferro Tech’s stock currently has a PE multiple of 17.75. The book value per share is -25.95, with a PB of -0.40 and an ROE of -2.23. Impex Ferro Tech is trading higher than the 5 days, 20 day, 50 days, 100 day, and 200-day moving averages outperforming the sector by almost 4%.

Raj Rayon Industries

Raj Rayon Industries Limited’s stock reached an upper circuit and a 52-week high of ₹13.86 on May 27, 2022, and a 52-week low of ₹0.21 on September 22, 2021. The company is valued at ₹2 crore on the market. Its most recent transaction volume was at ₹107, compared to a 20-day average of ₹407. In the previous year, the stock price has risen from ₹0.23 on May 31, 2021 to ₹13.86 on May 27, 2022, at3:30 pm, for a total return of 5,926.09%. On a year-to-date (YTD) basis, the stock has risen from ₹1.35 on March 16, 2022 to ₹13.86, resulting in a multibagger return of 926.67 per cent. The stock has also delivered a multibagger return of 926.67 per cent in the previous six months, while in the last month, the stock has moved from ₹6.34 to ₹13.86, registering a multi-bagger return of about 118.61 per cent between May 2nd and May 27th. The stock has been rising over the past 21 days, gaining 152.46 per cent in that time, and has increased 11.33 per cent in the previous five trading days. The stock outperformed the sector by over 0.28 per cent after hitting an all-time high on Friday. Raj Rayon Ind. is trading above its five-day, twenty-day, fifty-day, one-hundred-day, and two-hundred-day moving averages.

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Source link

Tagsmultibagger penny stockspenny stocksupper circuitupper circuit stocks
Previous Article

LSB Industries Stock: Still Good Investment Against ...

Next Article

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Short ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Stock Shares

    ₹1.5 to ₹11: Penny stock turns multibagger in 4 years. Share Rallies 650%

    August 26, 2022
    By Megan
  • Stock Shares

    Multibagger stocks: 5 shares give up to 500% YTD return. Do you own any one?

    July 25, 2022
    By Megan
  • Stock Shares

    Multibagger Small Cap Stock Hits Upper Circuit Ahead Of Stock Split

    June 4, 2022
    By Megan
  • Stock Shares

    ₹3 to ₹66: Multibagger stock turns ₹1 lakh to ₹22 lakh in YTD

    December 26, 2022
    By Megan
  • Stock Shares

    ₹1 to ₹52: Multibagger penny stock turns ₹1 lakh to ₹52 lakh in one year

    January 7, 2023
    By Megan
  • Investment

    Upper circuit stock: Investment of ₹1 lakh turns ₹5.89 lakh in 6 months

    October 9, 2022
    By Megan

Leave a reply Cancel reply

You may interested

  • Investment

    SEC Adopts Rule and Form Amendments Relating to Shareholder Reports and Investment Company Advertisements | Seward & Kissel LLP

  • Stock Shares

    Asian Stocks Drop as China Growth Slows, BOJ Looms: Markets Wrap

  • Gold and Precious Metals

    The long-term outlook for gold and silver

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • January 27, 2023

    Changes to ERISA Open Door to ESG Investments

  • January 27, 2023

    Investment banker who jumped to his death from Times Square bar had run-ins with police over money

  • January 27, 2023

    Hyesan authorities crack down hard on Chinese cell phone users, including money transfer brokers

  • January 27, 2023

    Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100

  • January 26, 2023

    Is CryptoPlanes (CPAN) a Good Investment Thursday?

Best Reviews

Latest News

Investment

Changes to ERISA Open Door to ESG Investments

ERISA fiduciaries may now consider ESG in investment decision making. “A million dollars isn’t cool. You know what’s cool?” Twelve trillion dollars. That is the amount of money that the ...
  • Investment banker who jumped to his death from Times Square bar had run-ins with police over money

    By Megan
    January 27, 2023
  • Hyesan authorities crack down hard on Chinese cell phone users, including money transfer brokers

    By Megan
    January 27, 2023
  • Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100

    By Megan
    January 27, 2023
  • Is CryptoPlanes (CPAN) a Good Investment Thursday?

    By Megan
    January 26, 2023
  • Recent

  • Popular

  • Comments

  • Changes to ERISA Open Door to ESG Investments

    By Megan
    January 27, 2023
  • Investment banker who jumped to his death from Times Square bar had run-ins with police ...

    By Megan
    January 27, 2023
  • Hyesan authorities crack down hard on Chinese cell phone users, including money transfer brokers

    By Megan
    January 27, 2023
  • Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100

    By Megan
    January 27, 2023
  • Changes to ERISA Open Door to ESG Investments

    By Megan
    January 27, 2023
  • Australia’s economy: boom or bust?

    By Megan
    September 9, 2019
  • Australian economy suffers virus symptoms

    By Megan
    February 10, 2020
  • Australian economy likely already slowing in Q2 before Delta downturn

    By Megan
    August 30, 2021

Trending News

  • Investment

    Changes to ERISA Open Door to ESG Investments

    ERISA fiduciaries may now consider ESG in investment decision making. “A million dollars isn’t cool. You know what’s cool?” Twelve trillion dollars. That is the amount of money that the ...
  • Investment

    Investment banker who jumped to his death from Times Square bar had run-ins with police ...

    The Harvard-educated banker had just filed for divorce. He is shown in a photo from his LinkedIn page  A Connecticut financier who jumped to his death from the roof of ...
  • Brokers

    Hyesan authorities crack down hard on Chinese cell phone users, including money transfer brokers

    FILE PHOTO: A border patrol checkpoint in Pungso County, Yanggang Province, can be seen in this photo, which was taken in February 2019. (Daily NK) Hyesan authorities have been arresting ...
  • Australian Economy

    Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100

    Australian Dollar, AUD/USD, US GDP, Fed, Doji – Asia Pacific Market Open: Australian Dollar rose after US GDP data improved sentiment The mixed report kept door open to both hard ...
  • Investment

    Is CryptoPlanes (CPAN) a Good Investment Thursday?

    CryptoPlanes receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.