10 debt-free penny stocks under Rs 10 rally up to 1,126% in one year. Did you catch them?

Economic Times highlighted 10 debt-free penny stocks trading under Rs 10 that rallied between 53% and 1,126% over the past year, led by Oxford Industries (1,126%), Antariksh Industries (629%) and Brightcom Group (376%). Despite the debt-free status and strong one-year returns, most of these micro-cap stocks have market caps under Rs 200 crore, weak or volatile quarterly earnings, and stretched valuations. Analysts cautioned that low price does not mean low risk, as low liquidity and sharp price swings make these counters speculative and risky for retail investors.