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Multibagger Penny Stock Under ₹10: The key benchmark indices of the Indian stock market have been reeling under the selling pressure for a long time. Weakness in the Indian Rupee is continuously fueling the outflow of US Dollars from Dalal Street, AI buzz fueling ‘sell India, buy South Korea’, and now soaring crude oil prices and US bond yields are among the continuous factors that have not allowed the Indian indices to recover. However, some highly priced stocks have delivered staggering returns to their long-term investors during this period. Shares of Empoer India Ltd are one of them. According to the information available on the BSE website, Empower India share price finished at ₹0.15 per share on the BSE on 7th November 2022. Empoer Indis share price today is ₹1.92. This means this penny stock under Re 1 has delivered 1,180% returns in around four years, and it is one of the multibagger penny stocks that the Indian stock market has delivered in recent years. It seems the Empower India shares still have some steam left. Empower India share price today opened with an upside gap at ₹1.85 apiece on the BSE and touched an intraday high of ₹1.93 apiece within a few minutes of the opening bell, touching the 5% upper circuit limit. Meanwhile, the upper circuit has opened, and the penny stock under ₹10 is quoting ₹1.92 apiece. The penny stock trading under ₹10 hit the upper circuit yesterday as well. The stock was left with no sellers on Thursday, a day when the Indian stock market crashed, losing around ₹11 lakh crore in a single session. According to Empower India's share price history, the stock has delivered 8.50% negative return in one month, 55% returns in six months, 11.50% returns in YTD, 13.50% negative returns in one year, and, as mentioned above, 1,180% returns in the last four years. So, if an investor had invested ₹1 lakh in this multibagger penny stock under 10 rupees one month ago, their ₹1 lakh would have turned to ₹91.50 lakh today. If the investment had been made six months ago, its ₹1 lakh would have turned to ₹1.55 lakh today. Likewise, if the investment had been made at the end of 2025, the absolute value of ₹1 lakh would have grown to ₹1,11,500 today. Similarly, if the investor had invested ₹1 lakh in this multibagger penny stock at ₹0.15 apiece four years ago, that ₹1 lakh would have grown to ₹12.80 lakh today. By 1:30 PM on Friday, the multibagger stock had a trade volume of 39.92 lakh. Its 52-week high if ₹2.83 and the 52-week low is ₹1.03 on the BSE. Disclaimer: This story is for educational and informational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified financial experts before making any investment decisions. Asit Manohar has nearly two decades of experience in the mainstream media. In this period, he has served esteemed media organisations like NDTV Profit, The Economic Times, and Zee Business. He has been working at LiveMint Digital since April 2021. During these two decades of journey in mainstream media, Asit has mainly covered external affairs, markets and personal finance. However, his earliest beats include railways, SME, MSME, and politics (Congress beat). Some of his features on political, economic, and foreign policy are documented in the parliamentary records. <br><br> While pursuing his MA (Mass Communication, Session 2004-06), Asit began his media career as a stringer at All India Radio in Varanasi. At AIR Varanasi, Asit worked with the Gyanvani, Yuvvani and Vividh Bharti teams. After working for nearly one year at AIR Varanasi, he shifted to print journalism and started working as a stringer for the HT Media Ltd, Varanasi. At HT Media Ltd in Varanasi, he covered the BHU beat. <br><br> Asit has also worked with some brokerage houses. He has worked with Religare Broking and India Infoline, where he assisted the research team in developing and executing trade strategies for intraday cash, F&O, and commodities. <br><br> Asit is a Gold Medalist in MA (Mass Communication) from BHU, Varanasi. He did his BSc. (Hons) in Mathematics from Magadh University, Bodh Gaya. Asit was a National Talent Scholarship holder during his senior secondary studies (1988-91). Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.
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