Home PENNY STOCK Penny stock multibagger: Below 2 Rs stock returns 200% in a month

Penny stock multibagger: Below 2 Rs stock returns 200% in a month

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Penny stock multibagger: Below 2 Rs stock returns 200% in a month

Shares of Jai Mata Glass Ltd. are one of the multibagger penny stocks that the Indian stock market has provided in the past month. In the past month, this penny stock has returned almost 200 percent to investors, tripling their money. The volume of the small-cap penny stock has been steadily increasing, and it has been regularly locking in the upper circuit.

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History of share prices for Jai Mata Glass

This penny stock has touched higher circuit on all trade sessions from the beginning of 2023. This multibagger penny stock has given its stockholders a return of more than 35% year to date (YTD). This penny stock has increased from 0.49 to 1.58 a share in the past month, giving its stockholders a return of about 200 percent.

This penny stock has increased in value over the past six months from 0.38 to 1.58 per share, providing investors with a 315 percent return. This multibagger penny stock has returned 225% to its long-term investors over the past year.

Influence on investment

Based on the share price history of Jai Mata Glass, an investor who put Rs. 1 lakh in this multibagger penny stock one week ago would have received Rs. 1.20 lakh today. The investor would now have $3 lakh if they had invested $1 lakh in this penny stock a month ago. An investor would have received 4.15 lakh today if they had invested 1 lakh in this multibagger penny stock six months ago. Similarly, if an investor had put one lakh rupees into this penny sock a year ago, that amount would now be three lakh rupees.

Only on the BSE is this multibagger penny stock offered for trading. It closed on Wednesday with 365,902 trades and a market value of Rs. 15 crore. This penny stock’s 52-week high is $1.58, while its 52-week low is $0.28 a share.

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