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 [...]
The shares of this project management consultants gained up to 4 percent after the company received a project from the National Highway Authority of India worth Rs 8.98 crore, with a market capitalization of Rs 45.37 crores, the shares of Artefact Projects Ltd were trading at Rs 62.45 per share, increasing around 4 percent compared to [...]
The share price of the microcap stock hit its upper circuit of 20 percent of Rs 66 from its previous close of Rs 55 after the company non-promoter sold 3.63 percent of the stake in the open market and earning release. According to the filling of Globlin India Limited, the India Equity Fund 1 is [...]
Here are 3 penny stocks that are fundamentally strong, with expanding margins, growing top and bottom lines over the recent fiscal years and have impressive returns over the medium term holding period. Moreover, these stocks trade at low P/S, i.e, have revenues much higher above their market cap coupled with low price makes them stocks [...]
Integrated Technologies Ltd is a penny stock with a market capitalization of ₹ 56 crores, Company shares hit a 5 percent upper circuit on Tuesday's session at a price of ₹ 117.80. The company is engaged in the design and manufacture of printed circuit boards (PCBs). According to the Integrated Technologies Ltd company's filings with [...]
SBC Exports Ltd is a penny stock with a market capitalization of Rs 443 crores, Company is engaged in the Trading and Manufacturing of Garments, Manpower Supply & Tour Operator Services. Currently, the company has 70 distributors in India. According to the company's filings with the exchange, the Ministry of Electronics and Information Technology issued [...]
RO Jewels Limited started its trading session today at Rs 32.60 and since then it was locked in the 5% upper circuit. In a span of just 5 days, the stock has been able to deliver returns to its stakeholders at around 21.5 percent ranging from Rs 26.84 to the current price levels. Having a [...]
IFL Enterprises Ltd, is a company involved in the business of trading in goods like fabric and related products. In addition, it is involved in selling shares and securities within permissible limits prescribed by the regulators. The company has a market capitalization of ₹ 281 crores and its shares are currently trading at ₹ 152.95 [...]
Global Capital Markets is a non-banking financial company that lends both long-term and short-term loans, as well as invests in stocks and other securities. With a market capitalization of ₹ 88 crores, it is a penny stock listed on the Bombay Stock Exchange (BSE). The company’s shares have been on an uptrend since February 23, [...]
Penny stock can be categorized as the class of stocks whose price ranges anywhere between Rs 1 to Rs 50 and has a market capitalization of less than Rs 200 crore in India. These stocks are illiquid in nature as the trading volume is generally less and thus have a higher risk. Despite this, most [...]