On A High

During the weekend ending May 31st, Indian stock markets experienced a decline of approximately 2% in weekly performance. Despite this downturn, several penny stocks witnessed significant gains. ETMarkets identified five penny stocks that showed share price growth of 20-45% over the week. Our selection criteria focused on stocks with a market capitalization under Rs 1000 crore and a share price below Rs 20. Additionally, we chose stocks with a last traded volume exceeding 5 lakh (Data Source: ACE Equity).