6 Low-Priced Stocks That Gained Up To 177% So Far In 2021

The benchmark indices have been rallying enthused by hopes of faster global economic recovery as the Covid 19 vaccination drive began. And now the better than expected Q3 corporate earnings, centre's growth focused Union Budget 2021 and the latest MPC outcome all added to the gains on the Dalal Street. In the run up of over 6% on the Sensex so far in 2021, apart from the bluechip stocks, some of the low-priced stocks also gained immensely i.e. by up to 177%.

Notably, here we have considered stocks that traded below Rs. 25 and had a market capitalization of more than Rs. 500 crore on December 31, 2020:

1. Tata Teleservices (Maharashtra) Ltd.:

From levels of Rs. 7.97 as on December 31, 2020, the stock of Tata Teleservices has surged to Rs. 22.1 per share on the BSE as on February 5, 2021, implying gains of 177.3 percent.

2. Digispice Technologies:

This telecom equipment company also recorded gains of 104.8 percent by surging from Rs. 23.29 as on December 31, 2020 to Rs 47.70 as on February 5, 2021.

3. GTL Infrastructure Ltd:

Another telecommunications equipment company netted gains of 56.94 percent in 2021 so far by surging to levels of Rs. 1.13 as on February 5 from Rs 0.72 as on December 31, 2020.

4. Centrum Capital Ltd:

This stock from the financial pack gained 44.5 percent so far in 2021, surging from levels of Rs 16.85 as on December 31, 2020 to Rs 24.35, as on February 5.

5. Trident Ltd:

This textiles company scrip at the closing of February 5 settled at Rs. 14.12 from Rs 9.88 as on December 31, 2020, a gain of 43 percent.

6. Arshiya Ltd:

In 2021 so far, the scrip of transport and logistics firm gained 40 percent to Rs 27.30 as on February 5 from Rs 19.50 as on December 31, 2020.

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