Penny shares excite investors because they can go up fast and provide huge profits.
But penny shares are also risky if you invest in just any penny shares and hope to make quick returns.
You need to be extremely careful in terms of both fundamentals as well as valuations.
To find the best penny shares to buy today, first you should screen for the fundamentally strongest penny shares. You can do this with the help of Equitymaster's Stock Screeners for penny shares.
Also read Equitymaster's Ultimate Guide on Penny Stock Investing.
You also need to get your valuations right when investing in penny shares.
Stay away from overvalued penny shares. Always focus on buying penny shares with a sufficient margin of safety.
Such stocks are usually undervalued compared to their peers, have good profit and revenue growth, and have a strong credit profile.
Make a list of the penny shares that satisfy both fundamental and valuation criteria that you have decided and add them to your watchlist of the best penny shares in India.
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.
Jun 25, 2022
These penny stocks are helping investors get stable returns in a volatile market.
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.
Jun 28, 2022
Keep an eye on these penny stocks which promise long term growth.
Jun 16, 2022
During volatile periods, it's important to have penny stocks that regularly pay out dividends so that the downside is capped.