Fifteen penny stocks have delivered returns of 20% to 80% over the past three months. Screened on the basis of a market capitalisation below Rs 1,000 crore, a share price under Rs 20 and average trading volumes exceeding 5 lakh shares, these micro-cap stocks have emerged as standout performers. However, investors should note that while penny stocks can offer outsized gains, they also carry higher risks due to sharp price volatility and liquidity concerns.
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