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Revealed
India's Third Giant Leap

This Could be One of the Biggest Opportunities for Investors




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Top Gainers over 1-Month 
 : 
BSE (Rs 10 to 20) 

 

Here are the top top gainers over 1-month from the BSE (Rs 10 to 20) category. Since such stocks interest you, here's a proven approach to making penny stock investments.

COMPANY PRICE ON Nov 25, 2024 (Rs) PRICE ON Oct 21 2024 (Rs) CHANGE (%) 52-WEEK H/L (Rs) GET MORE INFO
S&P BSE SENSEX 80,194.05 81,151.27 -1.18% 85,978.25 /
65,664.85
 More Info 
NIFTY 50 24,253.55 24,781.10 -2.1% 26,277.35 /
19,703.85
 More Info 
SHANGAR DECOR 10.91 5.56 96.27% 10.44 / 2.64  More Info 
NEXT MEDIAWORKS 11.71 7.22 62.19% 10.65 / 5.79  More Info 
INDIABULLS ENTERPRISES 17.72 13.46 31.65% 16.88 / 9.70  More Info 
GSL SECUR. 18.75 14.55 28.87% 29.87 / 6.69  More Info 
ATAL REALTECH 12.63 9.92 27.32% 17.08 / 6.54  More Info 
ASIAN PETRO 16.73 13.48 24.13% 22.61 / 7.38  More Info 
NAVODAY ENTERPRISES 10.15 8.30 22.29% 11.50 / 6.50  More Info 
GOENKA BUSINESS 11.70 9.73 20.25% 14.92 / 5.60  More Info 
AMFORGE IND. 12.25 10.37 18.13% 17.19 / 6.80  More Info 
ENBEE TRADE 13.49 11.44 17.92% 30.20 / 9.90  More Info 
RANDER CORP. 12.11 10.32 17.34% 13.51 / 7.48  More Info 
RAGHUNATH IN 14.99 12.90 16.20% 18.86 / 9.49  More Info 
AMRAPALI INDUSTRIES 18.59 16.13 15.25% 22.87 / 12.85  More Info 
MAHALAXMI SM 11.25 9.86 14.10% 14.75 / 8.31  More Info 
NOIDA TOLL BRIDGE 15.83 13.95 13.48% 17.11 / 7.41  More Info 
ASHAPURI GOLD ORNAMENT 10.20 9.00 13.33% 16.27 / 6.64  More Info 
YAARII DIGITAL INTEGRATED 15.48 13.66 13.32% 15.64 / 6.93  More Info 
BANAS FINANCE 11.15 9.95 12.06% 17.84 / 8.82  More Info 
WORTH INVEST. 16.57 15.03 10.26% 19.42 / 3.08  More Info 
NAVKAR BUILDERS 13.60 12.34 10.21% 16.80 / 3.70  More Info 
LEE&NEE SOFT 14.97 13.59 10.15% 17.50 / 7.50  More Info 
PARLE SOFTWARE 13.78 12.61 9.28% 18.84 / 7.03  More Info 
BSEL INFRASTRUCTURE 12.99 11.99 8.34% 19.74 / 9.46  More Info 
STANPACKS(I) 16.00 14.86 7.67% 18.00 / 9.01  More Info 
NARMADA AGROBASE 16.58 15.48 7.11% 26.26 / 13.98  More Info 

Date: November 25, 2024  9:09:59 AM     Only Buyers Only Buyers    Only Sellers Only Sellers   * Mutual Funds that hold this stock



FAQs on Penny Stocks

What is a penny stock?

While there's no set definition for penny stocks in India, a stock that trades at less than Rs 100 per share and has a market capitalization of less than Rs 10 bn is known as a penny stock.

These stocks, in general, have poor liquidity in the market i.e. their trading volumes are low. It's common to see penny stocks trade less than a thousand shares a day.

You can see the list of Indian penny stocks and how they are performing here...

Should you invest in penny stocks?

Whether you invest in penny stocks depends entirely on your risk appetite in the stock market. Penny stocks are the most volatile and most illiquid of all the stocks the market.

These stocks are notorious for delivering multibagger returns in a few months only to come crashing down and give up all the gains within the next few weeks.

Hence, in the stock market, penny stocks belong to the category of, 'highest possible risk for the highest potential return'. This is the reality you must accept when investing in penny stocks.

How much should you invest in penny stocks?

Penny stocks are inherently riskier than bluechips or midcaps.

They present a huge growth potential. It is not unusual for a good penny stock to turn a multi bagger in a matter of months. But on the flipside, there is a high risk attached. It's common to see penny stocks plunge 80-90% when things turn sour.

That is why penny stocks are not suitable to those having a low risk profile.

Even if you have a high risk profile, we believe not more than 5% of one's stock portfolio be invested in penny stocks.

Which are the best penny stocks to buy in India?

You need a framework that enables you to zero in on the right penny stock at the right price but also help you avoid the big losers.

The best penny stocks in India would possess these qualities:

  • Strong balance sheet: Look for low debt, high cash balance, & a current ratio greater than 1 i.e. current assets greater than current liabilities.

  • High promoter holding: The higher the better. It shows the promoter has skin in the game. Promoters buying shares from the market is a good sign.

You can start you're search with Equitymaster's stock screener to find the best multibagger penny stocks. The screener allows you to screen stocks based on your own criteria.


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