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Top Gainers Today 
 : 
NSE (Rs 10 to 20) 

 

Here are the top top gainers today from the NSE (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 73,852.94 0.16% - 74,121.61 /
73,788.61 		75,124.28 /
59,620.11 		 More Info 
NIFTY 50 22,402.40 0.15% - 22,476.45 /
22,384.00 		22,775.70 /
17,612.50 		 More Info 
LANDMARK PROPERTY 10.25 9.63% 424.93 10.25 / 9.35 11.75 / 5.10  More Info 
SETCO AUTOMOTIVE 11.55 5.00% 60.39 11.55 / 11.55 11.55 / 6.15  More Info 
SHYAM TELECOM 15.10 4.86% 7.03 15.10 / 15.10 15.10 / 6.30  More Info 
ONELIFE CAPITAL 18.60 4.79% 244.18 18.60 / 16.90 33.25 / 10.90  More Info 
TIJARIA POLYPIPES 17.75 4.72% 44.50 17.75 / 17.75 17.75 / 4.80  More Info 
KAVVERI TELECOM 14.35 4.36% 39.15 14.40 / 14.00 17.95 / 4.65  More Info 
LGB FORGE 10.70 3.88% 199.57 11.00 / 10.20 14.75 / 7.80  More Info 
SMVD POLY PACK 12.05 3.88% 20.20 12.15 / 11.95 16.15 / 7.60  More Info 
AAKASH EXPLORATION 11.15 3.72% 471.81 11.25 / 10.70 15.40 / 5.70  More Info 
PARSVNATH DEV 15.05 3.44% 965.01 15.25 / 14.60 17.25 / 6.80  More Info 
NAGARJUNA FERTILIZERS & CHEM. 10.70 3.38% 1,050.55 10.80 / 10.45 15.85 / 7.90  More Info 
GVK POWER & INFRA 11.10 3.26% 3,446.53 11.25 / 10.65 17.00 / 2.35  More Info 
SILLY MONKS ENT 16.60 3.11% 5.25 17.00 / 16.25 24.35 / 13.25  More Info 
MANGALAM GLOBAL ENTERPRISE 19.10 2.96% 112.24 19.35 / 18.65 28.20 / 12.65  More Info 
MUSIC BROADCAST 17.60 2.62% 1,112.61 18.20 / 17.20 25.35 / 10.60  More Info 
RAMA STEEL TUBES 14.00 2.56% 33,035.96 14.40 / 13.85 16.83 / 10.00  More Info 
TARAPUR TRANSFORMERS 10.20 2.00% 4.70 10.20 / 10.20 10.20 / 4.25  More Info 
GTL 10.45 1.95% 214.31 10.45 / 10.45 19.45 / 5.10  More Info 
LATTEYS IND 16.30 1.88% 18.37 16.30 / 16.30 51.90 / 13.00  More Info 
NILA INFRA. 11.40 1.79% 128.14 11.40 / 11.40 14.50 / 4.75  More Info 
TRANSWARRANTY FIN 11.55 1.76% 358.44 12.20 / 11.15 15.50 / 8.25  More Info 
ALANKIT 17.40 1.75% 78.51 17.40 / 17.40 23.60 / 8.15  More Info 
PIL ITALICA LIFESTYLE 12.60 1.61% 64.75 12.60 / 12.45 17.65 / 6.75  More Info 
DRC SYSTEMS 19.65 1.55% 78.54 19.75 / 19.35 0.00 / 0.00  More Info 
GOLDSTAR POWER 13.80 1.47% 236.25 14.00 / 13.75 23.35 / 4.00  More Info 

Date: April 24, 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 Ends 114 Points Higher | Metal Stocks Shine | VI Tanks 9% Sensex Today Ends 114 Points Higher | Metal Stocks Shine | VI Tanks 9%(Closing)

After opening the day on high, Indian share markets continued the momentum as the session progressed and ended the higher.

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