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
  • Billionaire Louis Casper Dunweber Revolutionizes the

  • Republican lawmakers distinguish crypto commodities and securities in draft bill

  • Start Investing In Gold | GOBankingRates

  • Jeffrey Epstein Talked About Escorts, Investments and ‘Life Lessons’ With Other Prison Inmates

  • Jersey City landlords, brokers illegally discriminated against Section 8 renters, lawsuit alleges

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
92
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

    ₹0.2 to ₹69: Multibagger penny stock turns ₹1 lakh to ₹3.46 crore in 2 years

    March 25, 2023
    By Megan
  • Stock Shares

    Multibagger stock of 2022 hits upper circuit ahead of stock split

    August 26, 2022
    By Megan
  • Stock Shares

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

    August 26, 2022
    By Megan
  • Stock Shares

    ₹8 to ₹17: Penny stocks turns multibagger in 6 months. More steam left?

    February 28, 2023
    By Megan
  • Stock Shares

    Droneacharya Aerial Innovations shares hit 10% upper circuit, stock surges 70% since listing

    January 6, 2023
    By Megan
  • Stock Shares

    Shares of this micro-cap company hits upper circuit; here’s why!

    April 23, 2023
    By Megan

Leave a reply Cancel reply

You may interested

  • Investment

    Liontrust Investment Partners LLP Sells 253,000 Shares of American Tower Co. (NYSE:AMT)

  • Investment

    South Korean nonprofit joins Maryland program to bolster foreign investment

  • Gold and Precious Metals

    Can commodities make a comeback?

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • June 2, 2023

    Billionaire Louis Casper Dunweber Revolutionizes the

  • June 2, 2023

    Republican lawmakers distinguish crypto commodities and securities in draft bill

  • June 2, 2023

    Start Investing In Gold | GOBankingRates

  • June 2, 2023

    Jeffrey Epstein Talked About Escorts, Investments and ‘Life Lessons’ With Other Prison Inmates

  • June 2, 2023

    Jersey City landlords, brokers illegally discriminated against Section 8 renters, lawsuit alleges

Best Reviews

Latest News

Financial Market

Billionaire Louis Casper Dunweber Revolutionizes the

DUBAI, UAE, June 02, 2023 (GLOBE NEWSWIRE) — With the new development, Billionaire Louis Casper Dunweber is set to disrupt the financial market with KING AI’s free FOREX signals services. ...
  • Republican lawmakers distinguish crypto commodities and securities in draft bill

    By Megan
    June 2, 2023
  • Start Investing In Gold | GOBankingRates

    By Megan
    June 2, 2023
  • Jeffrey Epstein Talked About Escorts, Investments and ‘Life Lessons’ With Other Prison Inmates

    By Megan
    June 2, 2023
  • Jersey City landlords, brokers illegally discriminated against Section 8 renters, lawsuit alleges

    By Megan
    June 2, 2023
  • Recent

  • Popular

  • Comments

  • Billionaire Louis Casper Dunweber Revolutionizes the

    By Megan
    June 2, 2023
  • Republican lawmakers distinguish crypto commodities and securities in draft bill

    By Megan
    June 2, 2023
  • Start Investing In Gold | GOBankingRates

    By Megan
    June 2, 2023
  • Jeffrey Epstein Talked About Escorts, Investments and ‘Life Lessons’ With Other Prison Inmates

    By Megan
    June 2, 2023
  • Billionaire Louis Casper Dunweber Revolutionizes the

    By Megan
    June 2, 2023
  • Australia’s economy: boom or bust?

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

    By Megan
    February 10, 2020
  • The stage is set for mining-led economic recovery

    By Megan
    December 1, 2020

Trending News

  • Financial Market

    Billionaire Louis Casper Dunweber Revolutionizes the

    DUBAI, UAE, June 02, 2023 (GLOBE NEWSWIRE) — With the new development, Billionaire Louis Casper Dunweber is set to disrupt the financial market with KING AI’s free FOREX signals services. ...
  • Commodities

    Republican lawmakers distinguish crypto commodities and securities in draft bill

    Republican House members published a draft bill on June 2 that aims to set out clear roles for regulators in the crypto industry. SEC’s abilities The draft bill specifically aims ...
  • Gold and Precious Metals

    Start Investing In Gold | GOBankingRates

    Are you concerned about protecting your hard-earned retirement savings? Look no further. Gold IRAs offer an unmatched level of stability, shielding your wealth from market volatility and inflation. Take advantage ...
  • Investment

    Jeffrey Epstein Talked About Escorts, Investments and ‘Life Lessons’ With Other Prison Inmates

    While in prison awaiting trial for sex trafficking, Jeffrey Epstein dished to fellow inmates about the escort business and gave them investing tips, according to recently released prison logs. The ...
  • Brokers

    Jersey City landlords, brokers illegally discriminated against Section 8 renters, lawsuit alleges

    Numerous Jersey City landlords and brokers illegally discriminated against prospective renters using government-subsidized vouchers, a new lawsuit alleges. The complaint, filed by nonprofit watchdog Housing Rights Initiatives (HRI) in state ...
  • 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.