Over the past two months, 10 penny stocks delivered gains ranging from 13% to 119%, with four emerging as multibaggers. The stocks were identified using a screen based on three key filters: a market capitalisation of less than Rs 1,000 crore, a share price below Rs 20 and a minimum latest trading volume of 5 lakh shares.The screen highlights low-priced, actively traded micro-cap stocks that have shown strong upward momentum. Penny stocks often attract investors with their low price points and potential for outsized returns, but they also carry substantial risks, including low liquidity, sharp volatility and limited transparency. (Data Source: ACE Equity)

2-month performance: 119% | Previous close: Rs 13.46

2-month performance: 116% | Previous close: Rs 1.08

2-month performance: 103% | Previous close: Rs 2.25

2-month performance: 102% | Previous close: Rs 2.55

2-month performance: 20% | Previous close: Rs 12.91

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