Penny Stocks in India

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Price 10 - 100
Found 1678 results
Name Mcap(Cr.) Face Value (₹) Industry
Konark Synthetics Ltd 10.01 (0.47) KONARKSY
7 10 Other Textile Products BSE
Bloom Industries Ltd 10.04 (-0.52) BLOIN
19 10 Iron & Steel Products BSE
LGB Forge 10.05 (-0.05) LGBFORGE
242 1 Auto Components & Equipments NSE BSE
Ruchi Infrastructure 10.05 (-0.2) RUCHINFRA
207 1 Diversified Commercial Services NSE BSE
7 10 Other Financial Services BSE
1 10 Other Textile Products BSE
Radhe Developers (India) ltd. 10.05 (0.38) RADHEDE
596 10 Residential- Commercial Projects BSE
Munoth Financial Services Ltd. 10.08 (-0.53) MUNOTHFI
7 10 Other Financial Services BSE
16 10 Capital Goods BSE
Reliance Capital 10.1 (-0.5) RELCAPITAL
256 10 Investment Company NSE BSE
Ganon Products GANONPRO
12 10 Trading & Distributors BSE
Polymac Thermoformers 10.1 (0.1) POLYMAC
17 10 Plastic Products - Industrial BSE
Avasara Finance 10.12 (0.48) AVASARA
9 10 Non Banking Financial Company (NBFC) BSE
ABC Gas (International) Ltd. 10.15 (0.01) ABCGAS
10 10 Copper BSE
K.Z.Leasing & Finance Ltd. 10.17 (-0.52) KZLFIN
5 10 Non Banking Financial Company (NBFC) BSE
Veerhealth Care 10.19 (0.32) VEERHEALTH
17 10 Pharmaceuticals BSE
UTL Industries 10.2 (0.13) UTLINDS
10 1 Residential- Commercial Projects BSE
Saboo Sodium Chloro Ltd. 10.2 (0.48) SABOOSOD
64 10 Other Food Products BSE
ANS 10.21 (-0.51) ANSINDUS
12 10 Other Beverages BSE
4 10 Iron & Steel Products BSE

Understanding Penny stocks

Penny stocks are also known as low-priced stocks. The exact meaning of penny stocks varies from country to country. For example, in the United States, penny stocks are defined as those that trade for less than $5, but in the United Kingdom, penny stocks are defined as those that trade for less than £1.

We call low priced stocks as "penny stocks"

First of all lets understand what is the meaning of the word penny. Read the definition of penny. A penny was a fraction of a pound, the currency of UK. It is similar to the Cent in America and the Paisa in India. So the stocks that were valued at under 1 pound or 1 dollar were known as "penny stocks". So the stocks trading in pennies were called penny stocks. But in modern times, some countries have increase the criteria, like in the US stock market, penny stocks are those stocks that have a share price under $5. Read here for more details.

Penny Stocks in India

In India, there is no set definition of "penny stocks", so there are different views on the price of penny stocks. Some think it is below 1 rupee or 10 rupees, while others think it is below 100 rupees.

So, What exactly are penny stocks

Basically Penny stocks can be defined as the microcap companies which have very small market capitalization. lets say 1000 cr. Or fairly we can say that the stocks which are between Rs. 10 and 100. We can find some good penny stocks in this price range.

FAQs

What are penny stocks?
Penny stocks, also known as micro-caps, are typically stocks of small companies, which are traded at a low price. Exact criteria differ from country to country like in US it is under $5 and in UK it is under £1.
What is the difference between penny stocks and normal stocks?
Aside from the price of a share, there is no discernible difference.
What are the risks of investing in penny stocks?
Stock in a small company has more risk than stock in a company that is larger and has more assets. Penny stocks can be difficult to trade because the shares do not trade with enough volume. This lack of liquidity makes it difficult for investors to buy or sell shares. But keep in mind every large company was once a small company. They could also give huge profit. So invest after proper research.
Can penny stocks be profitable for investors?
Investors need less money to invest in a penny stocks and they could give good return with just a small movement in the price. So, there are some investors who believe that penny stocks can be profitable for them if they know what they're doing. Investors should be cautious about the penny stocks that they invest in, and make sure to do their research on the company before investing any money.
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