Penny stocks are shares of companies that are priced very low, making them affordable but also riskier and more volatile than established stocks. These stocks usually belong to smaller or less-known companies and can experience big price changes, both up and down. Foreign Institutional Investors (FIIs) are investment firms from outside India that invest in Indian companies. When FIIs invest in a company, it can signal potential growth or trust in the business.
This list focuses on penny stocks where FIIs own up to 40 percent of the shares, showing that these companies have attracted attention from big foreign investors. However, while there may be potential for growth, penny stocks can be unpredictable and come with high risks, so it’s important to be cautious.
Here is the List of stocks to look out for
Winsome Textiles Limited
Winsome Textiles Limited is a leading manufacturer and exporter of yarn and fabric, specializing in the production of dyed and undyed yarns. The company primarily serves the textile industry, offering a wide range of products for apparel and home textiles. With a global presence, it focuses on quality and innovation in textile manufacturing.
With a market capitalization of Rs. 180.58 crores, the stock is currently trading at Rs. 91.11. Foreign Institutional Investors (FIIs) hold 29.8 percent of the company’s shares. In Q3FY24-25, the company’s revenue surged by 2.85 percent from Rs. 195.69 crore to Rs. 201.27 crore. Additionally, its net profit also rose from Rs. 2.82 crore to Rs. 5.49 crore during the same period.
Mercury Trade Links Limited
Mercury Trade Links Limited is an Indian company established on August 20, 1985. Initially involved in investments and commodity trading, the company shifted its focus in 2023 to the trading and distribution of various agricultural products. Its product portfolio includes fertilizers, manures, plant and animal foods, pesticides, and a wide range of seeds and grains like rice, maize, soybeans, cotton seeds, groundnuts, and more.
With a market capitalization of Rs. 29.04 crores, the stock is currently trading at Rs. 21.33. Foreign Institutional Investors (FIIs) hold 29.19 percent of the company’s shares. In Q3FY24-25, the company’s revenue surged by 159 percent from Rs. 4.01 crore to Rs. 10.4 crore. Additionally, its net profit also rose from Rs. 0.39 crore to Rs. 0.58 crore during the same period.
Standard Industries Limited
Standard Industries Limited is an Indian company established in 1892 and headquartered in Mumbai. The company is engaged in trading textiles and chemical products, including cotton towels, bed sheets, interlining fabrics, and various suiting materials. Additionally, it manufactures common salt through its subsidiary, Standard Salt Works Limited.
With a market capitalization of Rs. 127.69 crores, the stock is currently trading at Rs. 19.85. Foreign Institutional Investors (FIIs) hold 38.86 percent of the company’s shares. In Q3FY24-25, the company’s revenue slightly declined by 25.53 percent from Rs. 6.97 crore to Rs. 5.19 crore. Additionally, its net loss increased from Rs. 2.63 crore to Rs. 5.62 crore during the same period.
Written by Sridhar J
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