Penny stocks, often priced under 5 rs, can be a tempting entry point for beginner investors seeking high-risk, high-reward opportunities. While the potential for significant returns exists, it's crucial for beginners to approach penny stock investing with caution and a well-informed strategy. This step-by-step guide is designed to help novice investors navigate the complex world [...]
Fundamentals refer to a company's or asset's financial strength and performance. They reveal information about a company's ability to generate profits and manage debt. Earnings, revenue, debt-to-equity ratio, net profit margin, ROE, and ROCE are all important fundamental factors. Penny stocks are shares of small publicly traded companies that trade at extremely low prices on [...]
The shares of this microcap company surged around 17 percent after announcing strong Q2 FY 24 results. In one month, the shares have delivered more than 25 percent returns to its shareholders. With a market capitalization of Rs. 49.39 crores, the shares of Modern Diaries Ltd started today’s trading session flat at Rs. 22. The [...]
This Industrial Plastic Products company rose 4.4% within the first hour of market open. It has been on an uptrend since July 2022, supported by the 200 day moving average and trading 37% above it. It is currently 24% away from its 52 week high and 152% away from its 52 week low indicating significant [...]
Fundamentally strong companies that have robust financials, such as significant profit growth, a low debt-to-equity ratio, and continuous cash flow. Penny stocks belong to the inexpensive category, with low market capitalizations and limited liquidity in their stocks. Those stocks are more volatile in the market. Listed below are two fundamentally strong Penny Stocks International Conveyors [...]
