8 Penny Stocks Jump 15-30% in a Week Despite Market Dip

While the Sensex dropped slightly by 0.19% in the week ending October 18, some penny stocks made significant gains. Eight of these stocks, with a market capitalization below ₹1,000 crore and a price under ₹20 per share, surged between 15% to 30%. Here’s a look at the top performers:

1. Sharpline Broadcast
   • Weekly Gain: 33%
   • Last Close: ₹10.51
2. India Steel Works
   • Weekly Gain: 32%
   • Last Close: ₹7.92
3. Future Market Networks
   • Weekly Gain: 28%
   • Last Close: ₹14.37
4. Filatex Fashions
   • Weekly Gain: 21%
   • Last Close: ₹1.08
5. Adcon Capital Services
   • Weekly Gain: 20%
   • Last Close: ₹1.03
6. IGC Industries
   • Weekly Gain: 20%
   • Last Close: ₹16.02
7. Pro Fin Capital Services
   • Weekly Gain: 19%
   • Last Close: ₹2.22
8. Lee & Nee Softwares (Exports)
   • Weekly Gain: 16%
   • Last Close: ₹14.37

Despite the market downturn, these penny stocks managed to outperform, proving that small investments can make big gains.