Best Penny Stocks in India

Best Penny Stocks in India
Penny Stocks
1000.00 to 1683802.44
50.00>
Showing 1 - 20 of 75 results
NameStocks (75)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓Net IncomeNet Income↓ | ↓PE RatioPE Ratio↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓PB RatioPB Ratio↓ | ↓Return on EquityReturn on Equity↓ | ↓ROCEROCE↓ | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. | Indian Overseas BankIOB | Public BanksPublic Banks | 78,292.6778,292.67 | 41.5441.54 | 2,665.662,665.66 | 29.3729.37 | -13.66-13.66 | -30.13-30.13 | -31.96-31.96 | 2.842.84 | 10.1710.17 | 5.215.21 | |
2. | Yes Bank LtdYESBANK | Private BanksPrivate Banks | 50,614.3450,614.34 | 16.1916.19 | 1,285.211,285.21 | 39.3839.38 | -11.04-11.04 | -31.11-31.11 | -30.96-30.96 | 1.201.20 | 3.103.10 | 1.101.10 | |
3. | Vodafone Idea LtdIDEA | Telecom ServicesTelecom Services | 49,474.1249,474.12 | 6.956.95 | -31,238.40-31,238.40 | -1.58-1.58 | -20.66-20.66 | -47.51-47.51 | -46.95-46.95 | -0.47-0.47 | -- | -3.55-3.55 | |
4. | UCO BankUCOBANK | Public BanksPublic Banks | 41,962.8041,962.80 | 35.2035.20 | 1,671.551,671.55 | 25.1025.10 | -12.52-12.52 | -28.89-28.89 | -33.52-33.52 | 1.541.54 | 6.336.33 | 4.254.25 | |
5. | Central Bank of India LtdCENTRALBK | Public BanksPublic Banks | 35,895.3535,895.35 | 41.4741.47 | 2,667.692,667.69 | 13.4613.46 | -14.85-14.85 | -31.28-31.28 | -31.57-31.57 | 1.111.11 | 8.648.64 | 6.636.63 | |
6. | Bank of Maharashtra LtdMAHABANK | Public BanksPublic Banks | 34,841.2934,841.29 | 45.4345.43 | 4,071.784,071.78 | 8.568.56 | -7.49-7.49 | -25.08-25.08 | -22.08-22.08 | 1.751.75 | 22.8422.84 | 11.9511.95 | |
7. | Punjab & Sind BankPSB | Public BanksPublic Banks | 26,430.9726,430.97 | 39.1139.11 | 595.44595.44 | 44.3944.39 | -12.86-12.86 | -31.37-31.37 | -34.93-34.93 | 1.701.70 | 3.893.89 | 3.313.31 | |
8. | IRB Infrastructure Developers LtdIRB | Construction & EngineeringConstruction & Engineering | 25,771.8925,771.89 | 42.8042.80 | 605.81605.81 | 42.5442.54 | -13.95-13.95 | -28.94-28.94 | -23.57-23.57 | 1.881.88 | 4.474.47 | 6.886.88 | |
9. | Sagility India LtdSAGILITY | Specialized FinanceSpecialized Finance | 19,613.8419,613.84 | 42.0242.02 | 228.27228.27 | 85.9285.92 | -15.21-15.21 | 43.3243.32 | 43.3243.32 | 3.043.04 | 3.613.61 | 4.704.70 | |
10. | Reliance Power LtdRPOWER | Power GenerationPower Generation | 13,373.7313,373.73 | 33.3933.39 | -2,068.38-2,068.38 | -6.47-6.47 | -15.60-15.60 | 7.547.54 | 58.6258.62 | 1.151.15 | -16.61-16.61 | 2.312.31 | |
11. | Trident LtdTRIDENT | TextilesTextiles | 12,260.9812,260.98 | 24.3924.39 | 349.52349.52 | 35.0835.08 | -14.48-14.48 | -33.42-33.42 | -36.15-36.15 | 2.842.84 | 8.218.21 | 10.8110.81 | |
12. | IFCI LtdIFCI | Specialized FinanceSpecialized Finance | 10,934.0210,934.02 | 40.7040.70 | 103.65103.65 | 105.49105.49 | -15.63-15.63 | -45.27-45.27 | 3.043.04 | 1.421.42 | 1.441.44 | 5.665.66 | |
13. | NMDC Steel LtdNSLNISP | Iron & SteelIron & Steel | 10,005.2610,005.26 | 34.2434.24 | -1,560.32-1,560.32 | -6.41-6.41 | -10.41-10.41 | -35.49-35.49 | -37.00-37.00 | 0.650.65 | -9.59-9.59 | -8.40-8.40 | |
14. | Jaiprakash Power Ventures LtdJPPOWER | Renewable EnergyRenewable Energy | 9,191.149,191.14 | 13.4513.45 | 1,021.951,021.95 | 8.998.99 | -5.21-5.21 | -22.48-22.48 | -13.78-13.78 | 0.800.80 | 9.319.31 | 10.9510.95 | |
15. | PC Jeweller LtdPCJEWELLER | Precious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches | 8,132.258,132.25 | 13.9713.97 | -629.36-629.36 | -12.92-12.92 | 3.943.94 | -4.59-4.59 | 127.71127.71 | 2.772.77 | -19.01-19.01 | -4.26-4.26 | |
16. | Alok Industries LtdALOKINDS | TextilesTextiles | 7,876.767,876.76 | 15.9115.91 | -846.82-846.82 | -9.30-9.30 | -7.28-7.28 | -39.14-39.14 | -43.48-43.48 | -0.49-0.49 | -- | -5.43-5.43 | |
17. | Ujjivan Small Finance Bank LtdUJJIVANSFB | Private BanksPrivate Banks | 6,822.826,822.82 | 35.2635.26 | 1,281.491,281.49 | 5.325.32 | 3.553.55 | -17.85-17.85 | -27.15-27.15 | 1.221.22 | 26.0926.09 | 18.9618.96 | |
18. | Network18 Media & Investments LtdNETWORK18 | Movies & TV SerialsMovies & TV Serials | 6,379.196,379.19 | 41.4941.49 | -206.30-206.30 | -30.92-30.92 | -15.94-15.94 | -54.70-54.70 | -50.99-50.99 | 0.230.23 | -1.26-1.26 | -0.23-0.23 | |
19. | South Indian Bank LtdSOUTHBANK | Private BanksPrivate Banks | 6,203.506,203.50 | 23.7823.78 | 1,070.201,070.20 | 5.805.80 | -4.42-4.42 | -5.37-5.37 | -12.73-12.73 | 0.700.70 | 13.8113.81 | 9.739.73 | |
20. | Spicejet LtdSPICEJET | AirlinesAirlines | 5,813.565,813.56 | 45.4845.48 | -422.82-422.82 | -13.75-13.75 | 0.090.09 | -41.53-41.53 | -15.95-15.95 | -1.11-1.11 | -- | -1.65-1.65 |
Overview of the Top Penny Stocks in India
Yes Bank Ltd
Yes Bank is a leading private sector bank in India offering a comprehensive range of banking and financial products, including retail and corporate banking, loans, and wealth management services, aimed at fostering economic growth and financial inclusion.
Vodafone Idea Ltd
Vodafone Idea is a prominent telecommunications service provider in India, delivering mobile voice, data, and enterprise connectivity solutions under the brand Vi, with a focus on digital innovation and extensive network coverage.
Trident Ltd
Trident Ltd is a diversified business conglomerate primarily known for its textile and paper products, producing high-quality towels, bed linen, and sustainable paper solutions, serving global markets with a commitment to eco-friendly practices.
Sagility India Ltd
Sagility India specialises in business process management (BPM) services, providing technology-enabled solutions for healthcare, insurance, and other industries, focusing on operational efficiency and customer satisfaction.
Reliance Power Ltd
Reliance Power is an energy company under the Reliance Group, engaged in developing, constructing, and operating power projects across India, leveraging renewable and non-renewable resources to meet the country’s energy demands.
Advantages of Investing in Penny Stocks in India
Low Cost
Opportunity to Invest Early
Potential for Multibagger Returns
Market Volatility Opportunities
Receive real-time market alerts for timely decisions
Monitor your portfolio from the palm of your hands
Watchlist stocks and mutual funds to stay updated
Factors to Consider Before Investing in Penny Stocks
Company Fundamentals
Management Quality
Liquidity
Regulatory Compliance and Risks
Volatility and Risk
Information Availability
Popular Stock Collections
Popular Mutual Fund Collections
Frequently Asked Questions on Penny Stocks
1. What are penny stocks?
Penny stocks are shares of small companies that trade at low prices, often below ₹50 in India. They are known for high volatility and potential for significant returns.2. Why are penny stocks considered risky?
Penny stocks have low liquidity, limited shareholder bases, and wide bid-ask spreads, making them highly speculative and risky investments.3. Can investing in penny stocks lead to high returns?
While penny stocks offer the potential for high returns due to their low prices, they are also prone to significant losses, making them suitable only for investors with a high-risk appetite.4. How can I identify fundamentally strong penny stocks?
Look for companies with strong financials, consistent earnings growth, manageable debt levels, and competent management teams. Utilising stock screeners with specific parameters can aid in this process.5. What are the risks associated with penny stocks?
Penny stocks carry a significant risk of loss and are highly speculative. They are often linked with smaller companies that may not be subject to the same rigorous reporting and disclosure requirements as larger firms.6. Are there regulatory safeguards for penny stock investors in India?
While regulations exist, penny stocks can still carry higher risks due to their relatively lower scrutiny. Engaging reputable brokers and conducting meticulous research is advisable.