{"id":84223,"date":"2023-01-18T14:35:00","date_gmt":"2023-01-18T09:05:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=84223"},"modified":"2023-01-18T14:31:01","modified_gmt":"2023-01-18T09:01:01","slug":"0-69-to-5-01-multibagger-penny-stock-delivers-more-than-600-returns-in-2-months","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/0-69-to-5-01-multibagger-penny-stock-delivers-more-than-600-returns-in-2-months\/","title":{"rendered":"\u20b9 0.69 to \u20b9 5.01: Multibagger Penny stock delivers more than 600% returns in 2 months"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-443958362\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of Adcon Capital services gained 4.81% on Wednesday and were locked at \u20b9 5.01 apiece, at an upper circuit. Its shares have been on a gaining streak since November 2022.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-186797831\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Incorporated in 1994, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/539506\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Adcon Capital Services Ltd<\/a><\/strong> is a Non-deposit taking NBFC (Non-Banking Financial Company). It is engaged in the business of providing loans, investment in shares of other companies and providing other related financial services.\u00a0<\/p><p>Adcon Capital Services\u2019 shares are on an uptrend. They have been hitting the upper circuit for 17 sessions in a row. During this period, their share price gained 122.67% to give multibagger returns.&nbsp;<\/p><p>The company\u2019s shares were trading at \u20b9 0.69 on November 15, 2022. Since then their share price has increased by 626.09 % to give multibagger returns. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares two months ago, the value of their holdings would have been \u20b9 7.26 lakhs today!&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3384818130\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Adcon Capital Services is a penny stock with a market capitalization of \u20b9 158 crores. <strong>Penny stocks are not frequently traded stocks and often experience sudden bouts of market volatility. They are quite risky to invest in and rarely make phenomenal returns. Investors might not find potential buyers when they wish to sell these shares.<\/strong>\u00a0<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3067458467\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of Adcon Capital services gained 4.81% on Wednesday and were locked at \u20b9 5.01 apiece, at an upper circuit. Its shares have been on a gaining streak since November 2022.&nbsp; Incorporated in 1994, Adcon Capital Services Ltd is a Non-deposit taking NBFC (Non-Banking Financial Company). It is engaged in the business of providing [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[3418,3555,3464,4048,3912,3554,5516,5532,5533,5534,948,936,3153,3157,2597],"class_list":["post-84223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-multibagger-companies","tag-multibagger-penny-stocks","tag-multibagger-returns","tag-multibagger-smallcaps","tag-multibagger-stock-to-watch","tag-penny-stocks","tag-penny-stocks-2023","tag-penny-stocks-to-buy","tag-penny-stocks-to-watch","tag-penny-stocks-with-600-returns","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u20b9 0.69 to \u20b9 5.01: Multibagger Penny stock delivers more than 600% returns in 2 months - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The company\u2019s shares were trading at \u20b9 0.69 on November 15, 2022. Since then their share price has increased by 626.09 % to give multibagger returns. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares two months ago, the value of their holdings would have been \u20b9 7.26 lakhs today!\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/0-69-to-5-01-multibagger-penny-stock-delivers-more-than-600-returns-in-2-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u20b9 0.69 to \u20b9 5.01: Multibagger Penny stock delivers more than 600% returns in 2 months\" \/>\n<meta property=\"og:description\" content=\"The company\u2019s shares were trading at \u20b9 0.69 on November 15, 2022. Since then their share price has increased by 626.09 % to give multibagger returns. 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