Penny Stock are Shares of Small Publicly Traded Companies that are listed on Stock Exchange for less than Ten Cents. they are not widely traded Securities and their potential gains are usaully Determined by sharp spikes in Market Volatility.
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Characteristics of Penny Stock
- Low Price : typically trades below 10 rs/- Per Share.
- Small Market Capitalization : Company have a Small market Value.
- Limited Liquidity : Fewer Share are traded, making it Harder to Buy / Sell.
- High Volatility : Price Can Fluctuate Rapidly.
- Low Investor confidience : Often Considered High-Risk Investment.
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Top 10 Penny Stocks Under Low Budget
Name | Market Cap (Cr) | Close Price (Rs) | 1 Year Return (%) |
Vodafone Idea | 65,039.05 | 9.11 | -39.67 |
Zee Learn Ltd | 256.45 | 7.74 | 5.31 |
GTL Infrastructure | 2,420.53 | 1.89 | 11.68 |
Dish TV India | 1,612.94 | 8.76 | -57.16 |
LGB Forge Ltd | 319.91 | 13.3 | 6 |
Madhav Infra Projects Ltd | 344.53 | 12.49 | 1.63 |
Sarveshwar Foods LTD | 820.25 | 8.38 | 17.2 |
OK Play India Ltd | 592.57 | 17.01 | 3.85 |
Zee Media Corporation | 1033.21 | 15.49 | 1.57 |
RattanIndia power Ltd | 6062.85 | 10.92 | 4.5 |
Features of Best Penny Stocks
The main features of the Best penny stocks include strong potential for growth, low share price, solid fundamentals and High Volatility, Which can lead Rapid Gain or Loses. These stocks are often from emerging sectors with promising prospects.
- Strong Potential for Growth : Penny stocks, Especially in Emerging Industries, Have significant Upside potential as these companies expand and Improve, their stock price can rise quickly, leading to substantial profits for early investors.
- Low Share Prices : Penny Stocks are typically Priced Below 20 Rs/- , allowing investor to purchase a Large quantity of shares with minimal Capital. this makes them accessible to new investor with Smaller Budgets.
- Solid Fundamental : some Penny Stocks may Growing revenue, manageable debt or Innovative Buiesness models, Identify these Companies can Provide Early exposure to future Success Stories.
How to invest in Best Penny Stocks for Long Term.
Top 10 Penny Stocks : To Invest in the Best Penny Stocks for the Long Term, start by conducting through research on the company’s Financial Health, management and Industry Trends. Look for Strong Fundamental and Growth Potential to Identify Stocks that may out Perform over time.
Next Utilize a reliable brokerage Platform like 5 Paisa, AngleOne Etc, which offers low brokerage fees and user Friendly Features for Trading. Diversify your portfolio to reduce risk, as Penny Stocks Can be volatile.
Know these things before investing in penny stocks
- Penny stocks carry higher risk.
- Penny stocks have very low prices.
- Penny stocks have low brokerage rates.
What precautions should be taken while investing in penny stocks ?
- do research properly.
- Determine your investment objectives.
- bring variety.
- Review your investments regularly.
Please Note : Penny Stock Shows Rapid Shifts, So Recommendations about these securties change Quickly. it does not serve as official financial Guidance. You must do own extensive research along with seeking professional financial advice when you Decide to Invest.
Conclusion : The price of penny stock is very low, you can invest at a low price and there is more potential in penny stock, which can increase your earnings