Five Penny Stocks that give Multibagger returns – Check out

penny-stocks

Analyst give advice to stay away from penny stocks. But these 5 multibagger stocks might change your view towards penny stocks.

NOTE – This blog is for informational purpose, We do not recommend stock buy, sell or hold.

Company Name – Optiemus Infracom

Lifetime Low – 19.62

Lifetime High – 382.57

Current Market Price – 172.65

About Optiemus Infracom Ltd.

Optiemus Infracom is an Indian telecommunications and technology company headquartered in Noida, Uttar Pradesh, India. The company was founded in 1993 and is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Read More – 300 Plus Penny Stocks to Buy in 2023

Optiemus Infracom has a diverse range of business interests including mobile device manufacturing, distribution, and retailing, and telecom infrastructure services. The company has partnerships with several global technology brands, including BlackBerry, HTC, and Samsung.

Optiemus Infracom has a significant presence in India and has also expanded its operations to other countries, including Bangladesh, Nepal, Sri Lanka, and the Middle East. The company is known for its commitment to innovation and has received several awards for its work in the telecommunications and technology sectors.

Company Name – Indokem

Lifetime Low – 1.67

Lifetime High – 155.90

Current Market Price – 94.10

About Indokem

Indokem, also known as Indokem Limited, is an Indian chemical manufacturing company that was established in 1983. The company is headquartered in Mumbai, India and operates in the specialty chemicals industry.

Indokem manufactures a range of specialty chemicals such as high-purity solvents, pharmaceutical intermediates, and electronic chemicals. The company’s products find applications in various industries including pharmaceuticals, agrochemicals, paints and coatings, and electronics.

Indokem has a strong focus on research and development, and invests significantly in developing new and innovative products. The company has a state-of-the-art R&D center in Mumbai and works closely with customers to develop customized solutions to meet their specific requirements.

Indokem has a global presence with a distribution network spanning several countries including the United States, Europe, and Asia. The company is committed to sustainability and has implemented various measures to reduce its environmental footprint.

Company Name – Duro Pack

Lifetime Low – 1.67

Lifetime High – 139.15

Current Market Price – 98.56

About Duro Pack Ltd

Duro Pack Ltd is an Indian packaging company that specializes in the production and distribution of flexible packaging materials. The company was established in 1989 and is headquartered in Mumbai, India.

Duro Pack produces a wide range of packaging materials such as laminated pouches, stand-up pouches, zipper pouches, spout pouches, and roll stocks. These products are used in various industries including food and beverages, pharmaceuticals, personal care, and home care.

Duro Pack has a state-of-the-art manufacturing facility in Mumbai, equipped with the latest technology and machinery. The company has a highly skilled and experienced workforce and a strong focus on quality control to ensure that its products meet the highest standards.

Duro Pack has a global presence and exports its products to several countries including the United States, Europe, and Asia. The company is committed to sustainability and has implemented various measures to reduce its environmental footprint.

Company Name – Hilton Metal Forging Ltd

Lifetime Low – 7.56

Lifetime High – 129.35

Current Market Price – 129.35

About Hilton Metal Forging Ltd

Hilton Metal Forging Ltd is an Indian company that specializes in the manufacture and export of forgings, castings, and precision machined components. The company was established in 1979 and is headquartered in Mumbai, India.

Hilton Metal produces a wide range of products such as flanges, valves, fittings, shafts, gears, and various other components used in the oil and gas, power generation, mining, construction, and aerospace industries. The company has a well-equipped manufacturing facility with state-of-the-art machinery and equipment.

Hilton Metal has a strong focus on research and development, and invests significantly in developing new and innovative products. The company has a team of experienced engineers and technicians who work closely with customers to develop customized solutions to meet their specific requirements.

Hilton Metal has a global presence and exports its products to several countries across the world. The company is committed to quality and has implemented various measures to ensure that its products meet the highest standards of quality and performance.

Company Name – Ugar Sugar Works

Lifetime Low – 7

Lifetime High – 115.85

Current Market Price – 107.10

About Ugar Sugar Works Limited

Ugar Sugar Works Limited is an Indian company that specializes in the manufacture and sale of sugar, as well as the production of electricity from sugarcane by-products. The company was established in 1939 and is headquartered in Ugar Khurd, Karnataka, India.

Ugar Sugar Works operates sugar mills and co-generation power plants in various locations in India, including Karnataka and Maharashtra. The company produces various grades of sugar, including white crystal sugar, refined sugar, and specialty sugars such as raw sugar and demerara sugar.

Ugar Sugar Works is committed to sustainable practices and has implemented several measures to reduce its environmental footprint. The company uses bagasse, a by-product of sugarcane processing, to generate electricity, and has installed a number of wind turbines to generate additional power from renewable sources.

Ugar Sugar Works has a strong focus on research and development, and has a dedicated team of scientists and technicians who work on developing new products and improving existing ones. The company has also established partnerships with several research institutions to drive innovation and stay ahead of industry trends.

Ugar Sugar Works has a global presence and exports its products to several countries across the world. The company is committed to quality and has implemented various measures to ensure that its products meet the highest standards of quality and safety.