BCG Suzlon & other Penny Stocks with 30-91% Price Gain in May

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.