Out of the 596 small stocks priced below Rs 10 on January 1, five stocks showed a growth of more than 1000% over the last 8 months.
These are stocks such as Prajay Engineers Syndicate, Interlink Petroleum, Sika Interplant Systems, Ind Tra Deco, Gujarat Incatel Telecommunications.
Company
Price (Rs)
% Gains
1-Jan
1-Sep
Prajay Engineers Syndicate
7.05
109.1
1447.5
Interlink Petroleum
2.01
27.35
1260.7
Sika Interplant Systems
9.61
124.7
1197.6
Ind Tra Deco
0.19
2.27
1094.7
Gujarat Incatel Telecommunications
2.5
27.8
1012
As many as 29 companies posted gains between 500-1000%. Ten companies notched gains of between 400-500%; 20 companies have gained between 300-400%; 87 companies gained between 200-300%; 207 companies gained between 100-200% and 213 companies have gained between 1.7-100%.