12 penny stocks rally up to 589% in FY26 so far; 6 turn multibaggers. Do you own any?

So far in FY26, 12 penny stocks have posted sharp gains, with returns ranging from 40% to as high as 589%. Notably, six of them have emerged as multibaggers. These standout performers were selected based on specific criteria: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares. This analysis focuses on identifying low-priced, actively traded micro-cap stocks that demonstrate strong upward momentum. (Data Source: ACE Equity).Penny stocks often attract attention due to their low entry price and the potential for explosive growth. But while the rewards can be impressive, the risks are equally high. These stocks typically carry low liquidity, high volatility, and limited financial transparency. Investors should proceed with caution as success in penny stocks requires not just luck, but a clear strategy and strong risk management. Tiny Titans