New Delhi: Investing in penny stocks is as risky as it is, it also has the potential to become a multi-bagger. If there is strong participation of foreign institutional investors (FII) in these stocks, then they can also give good returns to the investors. Today we will give you information about four such penny stocks in which FII holding is up to 40%. You have already made good profits by investing in these stocks.

Gujarat Toolroom Limited (GTL)

Gujarat Toolroom Limited serves industries such as medical disposables, pharmaceutical packaging, and consumer goods. The company uses CAD-CAM software and CNC machinery. As of October 2024, FII holding in this company is 27.15%. In the last one year, this stock has given a stellar return of 1,020.30%.
 

Cera Investments & Finance India Limited

Sera Investments is a BSE-listed NBFC that provides financial services such as stock trading and loans. Led by Shweta Shah, the company is consistently performing well. As of October 2024, FII holding in this company is 14.68%. In the last six months, this stock has given a return of 174.45%.
 

Mercury Trade Links Ltd

Mercury Trade Link primarily trades fertilizers, pesticides, and seeds. The company's focus is on strengthening its position in the agriculture sector and capitalizing on new opportunities. As of October 2024, FII holding in this company is 22.04%. In the last one year, this stock has given a tremendous return of 3,521.96%.
 

Standard Industries Ltd

Standard Industries is a reputed holding company in India with a strong presence in textiles, chemicals, and property management. The company focuses on diversifying its portfolio. As of October 2024, FII holding in this company is 38.86%. This stock has given a return of 24.60% in the last one year.