Over the past 1 month, 10 penny stocks have posted notable gains, rising between 20% and 65%. Among them, three delivered exceptional returns of over 40%. These standout performers were identified through a focused screening strategy: each had a market capitalisation under Rs 1,000 crore, a share price below Rs 20, and a minimum recent trading volume of 5 lakh shares. This method aims to spotlight low-priced, actively traded small-cap stocks with strong price momentum. (Data Source: ACE Equity)