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Top Gainers Today 
 : 
BSE (Rs 10 to 20) 

 

Here are the top top gainers today 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 (Rs) CHANGE (%) VOLUME ('000) DAY'S H/L (Rs) 52-WEEK H/L (Rs) GET MORE INFO
S&P BSE SENSEX 73,745.35 1.72% - 73,819.21 /
72,591.14
73,819.21 /
57,084.91
 More Info 
NIFTY 50 22,338.75 1.62% - 22,353.30 /
22,047.75
22,353.30 /
16,828.35
 More Info 
SIEL FINANCIAL 16.99 9.40% 1.23 16.99 / 14.29 23.41 / 8.40  More Info 
AVI POLYMERS 12.25 8.89% 6.70 12.40 / 11.30 20.24 / 9.75  More Info 
VAKSONS AUTOMOBILES 15.13 8.30% 73.69 15.35 / 14.23 26.01 / 13.00  More Info 
ANUBHAV INFRA 19.11 6.11% 51.28 19.50 / 17.54 20.40 / 8.73  More Info 
SOUTHERN INFOSYS 18.48 5.00% 0.32 18.49 / 17.60 21.00 / 13.40  More Info 
OCTAL CREDIT 19.53 5.00% 0.24 19.53 / 18.60 23.89 / 15.04  More Info 
HELPAGE FINLEASE 17.43 5.00% 0.36 17.43 / 16.27 22.58 / 9.31  More Info 
ELANGO INDUS 14.70 5.00% 6.97 14.70 / 13.30 14.70 / 5.05  More Info 
KAPIL RAJ FINANCE 14.71 5.00% 14.74 14.71 / 14.71 26.85 / 13.92  More Info 
EUROTEX IND 15.56 4.99% 0.23 15.56 / 15.56 15.75 / 8.77  More Info 
POLYCON INT. 15.56 4.99% 0.28 15.56 / 15.00 20.20 / 12.50  More Info 
INDUS FINANCE CORP. 18.09 4.99% 2.97 18.09 / 16.77 29.03 / 14.00  More Info 
LEE&NEE SOFT 11.57 4.99% 100.49 11.57 / 11.57 15.10 / 5.97  More Info 
TRIMURTHI DRUGS 12.85 4.98% 3.01 12.85 / 12.85 14.07 / 8.00  More Info 
STERLING GUARANTY 18.75 4.98% 0.10 18.75 / 18.75 23.10 / 7.18  More Info 
SURYO FOODS 18.55 4.98% 0.92 18.55 / 17.60 22.27 / 6.51  More Info 
TIJARIA POLYPIPES 11.62 4.97% 227.76 11.62 / 11.62 11.62 / 4.18  More Info 
SOBHAGYA MRCH 16.25 4.97% 0.01 16.25 / 16.25 16.25 / 12.16  More Info 
THAKRAL SERV. 14.36 4.97% 0.39 14.36 / 14.36 18.74 / 12.37  More Info 
BAG FILMS 10.13 4.97% 64.72 10.13 / 9.70 15.48 / 3.52  More Info 
RAP MEDIA 18.20 4.96% 0.53 18.20 / 18.20 30.45 / 13.02  More Info 
INTEGRA CAPITAL 19.90 4.96% 0.02 19.90 / 19.90 23.75 / 13.30  More Info 
BRANDBUCKET MEDIA & TECHNOLOGY LTD. 16.29 4.96% 412.00 16.29 / 14.85 45.40 / 14.85  More Info 
SHARIKA ENTERPRISES 11.64 4.96% 104.70 11.64 / 11.50 12.97 / 4.21  More Info 
HYPERSOFT TECH. 10.18 4.95% 0.01 10.18 / 10.18 12.03 / 6.51  More Info 

Date: March 1, 2024  (Close)     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.


Today's Market

Sensex Today Rallies 1,245 Points | Nifty Hits Lifetime High | 4 Reasons Why Indian Share Market is Rising Sensex Today Rallies 1,245 Points | Nifty Hits Lifetime High | 4 Reasons Why Indian Share Market is Rising(Closing)

After opening the day on positive note, Indian share markets gained the momentum as the session progressed and ended on firm footing.