Markets, which had lost ground for four consecutive sessions, recovered today. The Sensex gained 113 points to 27,901 at the close of trading today. The Nifty gained 27 points and settled at 17,248.
Investing in penny stocks is very risky. Volatility is high due to low liquidity. But if its fundamentals are strong .. it will give good returns to its shareholders. Cosmo Ferrites shares are a good example of this. It is one of the multibagger penny stocks in 2021. The multibagger stock is expected to touch Rs. 12 to Rs. 240, offering 2,000 percent return to its shareholders.