BCG Suzlon & other Stocks with 30%-91% Price Gain in May
There were just twelve penny stocks which had price gain above 20% in the month of May. Out of these twelve stocks only five with the higher volume of trading delivered returns above 30%. BCG, Suzlon were most traded stocks.
Stock | 02-May | 31-May | Gain % | Trade Vol |
BCG | 9.8 | 18.7 | 91% | 3,86,85,614 |
MAGNUM | 29 | 45.8 | 58% | 42,41,216 |
KRITIKA | 11.7 | 18 | 54% | 3,58,745 |
SUZLON | 8.1 | 11.75 | 45% | 75,13,20,632 |
UJJIVANSFB | 28.3 | 36.85 | 30% | 3,22,57,837 |
Source: NSE
Brightcom Group Ltd (NSE: BCG) and SUZLON were the only two stocks from Nifty Index remaining three were not part of any index. BCG was the best performing stock with 91% gain in a month. BCG had hit 52-week low in the beginning of May when it had touched low of Rs 9.4.
Magnum Ventures (NSE: MAGNUM) was the second-best penny stock in May. MAGNUM delivered 58% returns in the month. Kritika Wires (NSE: KRITIKA) was another stock which gained over 50% in May. KRITIKA delivered 54% price gain as its share touched Rs 18 at the end of the month.
SUZLON delivered 45% returns during the month. Ujjivan Small Finance Bank (NSE: UJJIVANSFB) was the last stock in the list, UJJIVANSFB delivered 30% during May.