Shares such as Jai Balaji Industries, Jayaswal Neco Industries and Vivimed Labs have increased the wealth of investors by more than double in a period of 4 months.
There are many investors who buy small shares in the hope of big returns. Moneycontrol has identified 8 cheap stocks in its research that have seen growth of over 80% in less than 4 months of 2021.
Of these, stocks such as Jai Balaji Industries, Jayaswal Neco Industries and Vivimed Labs have increased investors’ wealth by more than double in a span of 4 months. Here we are including those stocks in our analysis which are trading below Rs 25 and whose market cap is more than Rs 100 crore.
Jai Balaji Industries | The stock has so far shown 134 per cent growth in 2021. On 31 December 2020, the stock was seen at Rs 19.50 while on 26 April 2021 it closed at Rs 45.70.
Jayaswal Neco Industries Ltd. | In 2021, the stock has shown a growth of 123 per cent so far. On 31 December 2020, the stock was seen at Rs 5.73 while on 26 April 2021 it closed at Rs 12.77.
Vivimed Labs Ltd. | In 2021, the stock has shown a gain of 109 per cent so far. On 31 December 2020, the stock was seen at Rs 18 while on 26 April 2021 it closed at Rs 37.70.
Moschip Technologies Ltd. | In 2021, the stock has shown an increase of 93 per cent so far. On 31 December 2020, the stock was seen at Rs 16.79 while on 26 April 2021 it closed at Rs 32.45.
Hindustan Organic Chemicals Ltd. | In 2021, the stock has shown a growth of 90 per cent so far. On 31 December 2020, the stock was seen at Rs 19.23 while on 26 April 2021 it closed at Rs 36.45.
Shree Global Tradefin | In 2021, the stock has shown an increase of 88 per cent so far. On 31 December 2020, the stock was seen at Rs 1.80 while on 26 April 2021 it closed at Rs 3.39.
DCW Ltd. | In 2021, the stock has shown an increase of 83 per cent so far. On 31 December 2020, the stock was seen at Rs 19.29 while on 26 April 2021 it closed at Rs 35.35.
Bank Of Maharashtra | In 2021, the stock has shown a gain of 79 per cent so far. On 31 December 2020, the stock was seen at Rs 13.04 while on 26 April 2021 it closed at Rs 23.40.
