5 Low Price Stocks To Invest In 2022, Recorded Upto 587.76% Returns, In 3 Years

However, before investing in any low price stock, you should check the company’s financial reports, market capitalization (MC), and past years’ stock performances. The MC is always important for any stock or fund because of the liquidity security. These below-mentioned stocks have promising market capitalizations, while they have reported good returns in the previous years in the BSE.

1. Sintex Plastics Technology Ltd.The Current Market Price (CMP) of Sintex Plastics Technology Ltd. is Rs. 13.70, while Market capitalization is Rs. 871 crore. In the last 1 month, the company has given -6.16% return, in the 3 Months has given 222.35% return, in the last 1 year the company has given 334.92%. However, in the past 3 years, the company’s stock performances have not been good, it has given -46.06%.

Sintex Plastics Technology Ltd. is one of the leading players in plastic products. The company officially stated about the financial report, “EBITDA turned positive for the quarter, cash balance with banks at Rs. 7000 mn.” And the company is seeing a gradual recovery in the water tanks segment. Their income from operation/net sales stood at Rs. 37.00 lakh in the Q2 FY 22. However, profit after tax was not impressive, it came to Rs. -350.00 lakh.

2. Bhandari Hosiery Exports Ltd.

The Current Market Price (CMP) of Bhandari Hosiery Exports Ltd. is Rs. 9.20, while its market capitalization is Rs. 134 crore. In the last 1 month, the company has given 104.44% return, in the 3 Months has given 192.06% return, in the last 1 year the company has given 384.21%, and in the past 3 years, the company has given 348.78% return.

Bhandari Hosiery Exports Ltd. an important player in the textile business was established in 1993. Revenue from operations stood at Rs. 7800.76 lakh, in the Q2 FY22. The company’s profit before tax stood at Rs. 219.08 lakh, while total comprehensive income for the period was Rs. 799.08 lakh.

3. Orient Green Power Company Ltd.

The Current Market Price (CMP) of Orient Green Power Company Ltd. is Rs. 16.85, while the market capitalization is Rs. 1264 crore. In the last 1 month, the company has given 90.40% return, in the 3 Months has given 452.46% return, in the last 1 year the company has given 587.76%, and in the past 3 years, the company has given 163.28% return. As the economic recovery is happening at a fast pace in India, demand for power is increasing again, gradually. Hence, the stocks of power companies are performing well in the equity markets.

Net Sales Orient Green Power Company Ltd. stood at Rs. 75.31 crore in June 2021, which increased by 18.11% from June 2020. additionally, Quarterly Net Profit at Rs. 0.94 crore in June 2021 up 106.38% on a year-on-year basis. EBITDA on the other hand was reported at Rs. 56.35 crore in June 2021, which increased by 23.57% from the year-ago period.

4. Urja Global Ltd.

The Current Market Price (CMP) of Urja Global Ltd. is Rs. 18.00, while the Market capitalization is Rs. 1,002 crore. In the last 1 month, the company has given 109.30% return, in the 3 Months has given 190.32% return, in the last 1 year the company has given 238.98%, and in the past 3 years, the company has given 429.41% return.

Urja Global Ltd. is an important player in the power generation and distribution sector in India. The company’s Net Sales stood at Rs. 28.66 crore in June 2021, which increased by 36.06% from June 2020, while the Quarterly Net Profit was reported at Rs. 0.45 crore in June 2021, which increased by 0.43% from a year-ago period. On the other hand, its EBITDA stood at Rs. 0.66 crore in June 2021, which plunged by 5.71% from June 2020.

5. FCS Software Solutions Ltd.

The Current Market Price (CMP) of FCS Software Solutions Ltd. is Rs. 4.25, while Market capitalization is Rs. 726 crore. In the last 1 month, the company has given 93.18% return, in the 3 Months has given 226.92% return, in the last 1 year the company has given 466.67%, and in the past 3 years, the company has given 2,025.00% return.

FCS Software Solutions Ltd. is a significant player in the Computer Software (Medium & Small) sector. However, the company’s financial report in the last quarter is not very good. FCS’s Net Sales were reported at Rs. 7.97 crore in September 2021, which was down 10.05% from a year-ago period. Quarterly Net Loss stood at Rs. 0.03 crore in September 2021, decreased by 101.95% Y-O-Y. EBITDA on the other hand stood at Rs. 1.35 crore in September 2021, which also fell by 61.43% from Rs. 3.50 crore in the same period, in 2020.

Performance comparison

From the above-mentioned low price stocks, listed in the BSE, Orient Green Power Company Ltd.’s stocks have performed the best in the past 1 year. The stock has given a 587.76% return during this period. Additionally, as a computer software company, FCS Software Solutions Ltd. has also recorded remarkable growth in the long term, as the overall software and IT industry experienced a boom. FCS recorded a 2,025.00% return in 3 years.

However, if you are thinking about a short time stock at the moment, you can check the profiles of Bhandari Hosiery Exports Ltd. and Urja Global Ltd. These two companies have performed quite well compared to others. Bhandari Hosiery Exports Ltd.’s 1 month and 3 months performances have been reported at 104.44% and 192.06%, respectively. On the other hand, Urja Global Ltd.’s 1 month and 3 months performances have been reported at 109.30%, and 190.32%, respectively.

(All figures are till December 28, 2021.)

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the articl

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