These 6 penny stocks are already up 40 percent in 2021

Indian equities have been trading higher this year. In 2021 so far, the benchmark index, BSE Sensex, has surged over 6 percent. During this rally, along with the bluechip, there are many low-priced stocks that have also witnessed good gains. Heres' a look at 6 low-priced stocks that have gained over 40 percent this year so far.

February 07, 2021 / 07:57 AM IST
Indian equities were trading on a higher note. In 2021 so far, the benchmark index, BSE Sensex, has surged over 6 percent. During this rally, along with the bluechip, there are many low-priced stocks that have also witnessed good gains. At least six low-priced stocks have gained over 40 percent in 2021 so far. While analysing, we considered stocks that were trading below Rs 25 and had a market cap of over Rs 500 crore 0n December 31, 2020. (Data Source: ACE Equity).
Indian equities were trading on a higher note. In 2021 so far, the benchmark index, BSE Sensex, has surged over 6 percent. During this rally, along with the bluechip, there are many low-priced stocks that have also witnessed good gains. At least six low-priced stocks have gained over 40 percent in 2021 so far. While analysing, we considered stocks that were trading below Rs 25 and had a market cap of over Rs 500 crore 0n December  31, 2020. (Data Source: ACE Equity).
Tata Teleservices (Maharashtra) Ltd | In 2021 so far, the stock has gained 177.29 percent to Rs 22.10 on February 5 from Rs 7.97 as on December 31, 2020.
Tata Teleservices (Maharashtra) Ltd | In 2021 so far, the stock has risen 177.29 percent to Rs 22.10, as on February 5 from Rs 7.97 as on December 31, 2020.
Digispice Technologies Ltd | In 2021 so far, the stock has gained 104.81 percent to Rs 47.70 on February 5 from Rs 23.29 as on December 31, 2020.
Digispice Technologies Ltd | In 2021 so far, the stock has surged 104.81 percent to Rs 47.70, as on February 5 from Rs 23.29 as on December 31, 2020.
GTL Infrastructure Ltd | In 2021 so far, the stock has gained 56.94 percent to Rs 1.13 on February 5 from Rs 0.72 as on December 31, 2020.
GTL Infrastructure Ltd | In 2021 so far, the stock has advanced 56.94 percent to Rs 1.13, as on February 5 from Rs 0.72 as on December 31, 2020.
Centrum Capital Ltd | In 2021 so far, the stock has gained 44.51 percent to Rs 24.35 on February 5 from Rs 16.85 as on December 31, 2020.
Centrum Capital Ltd | In 2021 so far, the stock has increased 44.51 percent to Rs 24.35, as on February 5 from Rs 16.85 as on December 31, 2020.
Trident Ltd | In 2021 so far, the stock has gained 42.91 percent to Rs 14.12 on February 5 from Rs 9.88 as on December 31, 2020.
Trident Ltd | In 2021 so far, the stock has gained 42.91 percent to Rs 14.12 , as on February 5 from Rs 9.88 as on December 31, 2020.
Arshiya Ltd | In 2021 so far, the stock has gained 40.00 percent to Rs 27.30 on February 5 from Rs 19.50 as on December 31, 2020.
Arshiya Ltd | In 2021 so far, the stock has gained 40.00 percent to Rs 27.30, as on February 5 from Rs 19.50 as on December 31, 2020.
Ritesh Presswala Research Analyst at Moneycontrol

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