According to some sources, here are some examples of multi-bagger penny stocks for 2024 India:
- India Steel Works Ltd (ISWL): A company that is engaged in the manufacturing and trading of steel products, such as bars, rods, wires, and coils. It has a production capacity of 1.2 lakh metric tonnes per annum and caters to various industries, such as construction, engineering, and automotive. The stock is currently trading at around INR 1, and has a one-year high of INR 2.
(JCT): A company that is engaged in the manufacturing and exporting of textiles, fabrics, and garments. It has a diversified product range, including cotton, polyester, nylon, and blended fabrics. It also has a presence in the pharmaceuticals and engineering sectors. The stock is currently trading at around INR 3, and has a one-year high of INR 5.
- GVK Power & Infrastructure Ltd (GVKPIL): A company that is engaged in the development and operation of infrastructure projects, such as airports, roads, power plants, and urban infrastructure. It has a portfolio of 11 operational assets and 7 under-construction assets, spanning across India and abroad. The stock is currently trading at around INR 4, and has a one-year high of INR 6.
- Reliance Home Finance Ltd (RHFL): A company that is engaged in the provision of housing finance and related services. It offers home loans, loan against property, construction finance, and affordable housing finance. It has a network of over 100 branches and 2,000 channel partners across India. The stock is currently trading at around INR 4, and has a one-year high of INR 7.
- Swasti Vinayaka Art & Heritage Corporation Ltd (SVAHCL): A company that is engaged in the business of art and heritage, including the preservation, restoration, and exhibition of paintings, sculptures, and artifacts. It also deals in the trading of diamonds, gold, and silver. The stock is currently trading at around INR 4, and has a one-year high of INR 8.
These are just some of the possible multi-bagger penny stocks for 2024 India, but there may be others that you can discover by doing your own research and analysis. You can also check out some of the web search results that I have found for you. Please note that I am not a financial advisor, and I do not endorse or recommend any of these stocks. You should always do your own due diligence before investing in any stocks. I hope this helps. 😊
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