In calendar year 2026, nine penny stocks recorded sharp gains, delivering returns ranging from 25% to 325%. According to data from ACE Equity, three of these companies have turned into multibaggers.

The qualifying stocks were selected based on specific parameters: a market capitalisation of under Rs 1,000 crore, a share price below Rs 20, and a recent average trading volume of at least 5 lakh shares. This methodology targets low-priced, actively traded micro-cap equities exhibiting strong momentum.

While penny stocks attract interest due to low entry prices and growth potential, they are associated with notable risks, including low liquidity, high volatility, and limited financial transparency.

Performance of Key Micro-Cap Stocks in CY26:

Trio Mercantile & Trading: Gained 326% (Previous Close: Rs 2.94) Gujarat Inject (Kerala): Gained 254% (Previous Close: Rs 12.66) Starlineps Enterprises: Gained 156% (Previous Close: Rs 8.57) ACI Infocom: Gained 63% (Previous Close: Rs 2.05) NHC Foods: Gained 60% (Previous Close: Rs 1.42) Mena Mani Industries: Gained 54% (Previous Close: Rs 13.28) NCL Research & Financial Services: Gained 44% (Previous Close: Rs 0.72) GACM Technologies: Gained 42% (Previous Close: Rs 0.78) Quadrant Televentures: Gained 38% (Previous Close: Rs 0.55) Growington Ventures India: Gained 23% (Previous Close: Rs 0.98)