To get higher return in small time, people invest in penny stocks though it’s highly risky because a single trigger leads to high volatility in the stock. But, high risk traders and investors invest in penny stocks once they are convinced about the business and its future prospect.
In last 18 months, the share price of the stock has appreciated to the tune of around 1700 % beating key benchmark return by huge margin. In last 18 months, Nifty 50 index has surged around 50% whereas BSE Sensex appreciated around 48.50 % in this period. So, this multibagger penny stock has generate alpha return leaving Nifty and Sensex far behind in last 18 months.
This penny stock, Advik Capital is on path of emerging one of the multibagger stocks in 2022. In last one week, this multibagger penny stock has surged from ₹4.68 to ₹5.25 apiece levels, logging near 12% rise in last one week whereas in last one week.
This multibagger stock has risen from ₹3.45 to ₹5.25 per share levels, clocking 52 % rise in this period. In year-to-date time, this multibagger penny stock has shot up from ₹2.91 to ₹5.25 levels, ascending around 80 per cent sparking hopes of emerging one of the multibagger penny stocks in 2022. In last 6 months, Advik Capital share price has went through some consolidation logging 65% rise in this period. But, in last one year, penny stocks as this has risen from ₹1.08 apiece levels to ₹5.25 per share mark, logging 385% surge in this period.