Best Performing Penny Stocks Till 2022: As an investor last year was not the best year for us but still, some penny stocks performed well, and if you are someone who likes investing in penny stocks then you probably know the growth potential they have.
we have listed some of the best-performing penny stocks till 2022, and these penny stocks have a very high potential of becoming multibaggar stocks.
Best Performing Penny Stocks Till 2022
Best Performing Penny Stocks
Shankar Lal Rampal
Best Performing Penny Stocks: Shankar Lal Rampal is a trading and distribution company. The total valuation (market value) of the company is ₹0. The price of one share of the company is ₹ 277.70 in the BSE market and is not listed on the NSE market. Shankar Lal Rampal was established in the year 2005.
As per the report provided by the company, the total income for the last year was Rs.132.917 crores and the total sales were Rs.132.605 crores. The company’s net profit stood at Rs 2.695 crore. Shankar Lal Rampal Di-chem has paid a tax of Rs -1.06 crore in the current year.
| (Rs m, standalone) | FY17 | FY18 | FY19 | FY20 | FY21 |
|---|---|---|---|---|---|
| Gross Sales | 291.9 | 751.6 | 1,758.7 | 1,326.1 | 1,775.8 |
| Net Profit | 1.1 | 9.7 | 15.0 | 27.0 | 76.3 |
| Free Cash Flow | (1.3) | (209.3) | (51.3) | (77.8) | 87.3 |
| Debt to Equity (x) | 0.3 | 0.63 | 0.83 | 0.38 | 0.25 |
| Dividend per share (Rs) | 0 | 0 | 0.25 | 0.1 | 0.1 |
Garg Furnace Limited
Best Performing Penny Stocks: Garg Furnace Limited is an iron and steel sector company. The total valuation (market value) of the company is ₹18 crores. The price of one share of the company is ₹ 43.35 in the BSE market and is not listed on the NSE market. The company was established in the year 1973.
As per the report provided by the company, the total income for the last year was Rs.113.668 crores and the total sales were Rs.111.831 crores. The company’s net profit stood at Rs 5.105 crore. Garg Furnace Limited has paid a tax of -0.017 crores in the current year.
| (Rs m, standalone) | FY17 | FY18 | FY19 | FY20 | FY21 |
|---|---|---|---|---|---|
| Gross Sales | 596.1 | 672.9 | 1,118.3 | 985.2 | 1,193.5 |
| Net Profit | (135.5) | (1.3) | 51.1 | 35.8 | (47.1) |
| Debt to Equity (x) | 17.05 | 17.17 | 4.14 | 0.7 | 0.92 |
| Total Debt | 746.6 | 732.0 | 387.3 | 92.6 | 77.7 |
GMDC
Best Performing Penny Stocks: Gujarat Mineral Development Corporation Limited (GMDC) is a coal sector company. The total valuation (market value) of the company is ₹5,483 crores. The price of one share of the company is ₹ 188.65 in the BSE market today and ₹ 188.60 in the NSE market today. The company was established in the year 1963.
As per the report provided by the company, the total income for the last year stood at Rs 1,689.797 crore and the total sales stood at Rs 1,520.949 crore. The company’s net profit stood at Rs 202.677 crore. Gujarat Mineral Development Corporation Limited has paid a tax of Rs.-159.062 crore in the current year.
Mahalaxmi Rubtech Limited
Best Performing Penny Stocks: Mahalaxmi Rubtech Limited is a company in the Other Industrial Products Sector. The total valuation (market value) of the company is ₹150 crore. The price of one share of the company is ₹134.20 in the BSE market and ₹133.35 in the NSE market. Mahalaxmi Rubtech was established in the year 1991.
As per the report provided by the company, the total income for the last year was Rs.181.112 crores and the total sales were Rs.179.793 crores. The company’s net profit stood at Rs 4.817 crore. Mahalaxmi Rabtech Limited has paid a tax of -1.337 crores in the current year.
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