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covering exciting investing ideas and opportunities in India.
Penny stocks are shares of listed companies with low market capitalisation. These stocks usually have low share prices, typically less than Rs 100 and often less than Rs 50.
Well-chosen fundamentally strong penny stocks have the potential to deliver profits greater than 1,000% within 1-3 years. This is almost impossible in the case of largecaps.
This is the main reason for their popularity.
On the flipside, there is a high risk attached. It’s common to see penny stocks plunge 80-90% when things turn sour.
Even if you have a high risk profile, we recommend not more than 5% of the portfolio be invested in penny stocks.
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.
Look for these qualities...
Avoid companies with promoter pledging. Equitymaster’s stock screener has you covered - Stocks with high promoter pledging.
This framework will not only enable you to zero in on the right penny stock at the right price but also help you avoid the big losers.
Sep 26, 2023
A checklist to narrow down the best penny stocks to buy in the stock market.
Jul 24, 2023
These five penny stocks gave up to 17% yields in FY23. Take a look...
Apr 11, 2023
Breakout penny stocks are famous for generating extremely fast returns. This makes them popular among investors who seek high-risk, high-reward investment opportunities.
Mar 2, 2023
These penny stocks have a history of making regular payouts and they also have decent financials.
Dec 19, 2022
It's ironic that most people who invest in penny stocks do so in the hope to make fast profits when they can multiply their investments in the long term.
Nov 18, 2022
It's ironic that most people who invest in penny stocks do so in the hope to make fast profits when they can multiply their investments in the long term.
Oct 24, 2022
As we move into Samvat 2079, examine whether the current market environment is conducive for picking penny stocks.
Oct 4, 2022
In the age of finfluencers, 'viewers beware' is a caveat you should not ignore.
Sep 6, 2022
These 5 Indian penny stocks are fundamentally strong and come with high growth potential.
Aug 1, 2022
We are seven months into 2022 and several penny stocks have already surged 5x.
Sep 25, 2023
A 5-point checklist to avoid bad penny stocks.
May 18, 2023
Investors must keep a watchful eye on stocks trading at their 52-week lows. If chosen carefully, they could potentially generate faster returns.
Mar 10, 2023
Penny stocks which have a decent balance sheet, low or zero debt and a track record for paying consistent dividend fare much better against their peers.
Feb 21, 2023
These five penny stocks are enjoying multiple tailwinds and are set to grow exponentially in 2023.
Nov 22, 2022
Read on to find out why these low-risk penny stocks deserve your attention.
Nov 14, 2022
Rahul Shah on 3 penny stocks with low downside and good upside potential for 2023.
Oct 4, 2022
These penny stocks can become future multibaggers. Watch out for them.
Sep 14, 2022
These penny stocks have a high potential to deliver good returns in the long term. Watch out for them.
Aug 2, 2022
The penny stocks story is not yet over. Here's a list of the top 4 high book value penny stocks that should be on your watchlist.
Jul 27, 2022
Debt free penny stocks are vital when it's a question of portfolio diversification in a volatile market. They can potentially offer good profitability in the long run.