Helping You Build Wealth With Honest Research
Since 1996. Try Now


Invalid Username / Password
Invalid Captcha
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Investment in securities market are subject to market risks. Read all the related documents carefully before investing

India's Third Giant Leap
Discover the Best Category of Stocks to Ride
this Mega Opportunity On February 29

**Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
**By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.


Penny Shares to Buy Today

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.

5 Penny Stocks that Started 2024 with a Bang with Gains up to 80%

Jan 9, 2024

Only a week into the new year 2024, and we've seen many penny stocks shoot up to 80%!

Top 5 Fastest Growing Penny Stocks on the Brink of Explosive Growth

Dec 19, 2023

These penny stocks could keep charging ahead. Here's why.

2023's Best Performing Penny Stocks that Rallied upto 1,400%

Nov 29, 2023

Some penny stocks have a better growth opportunities than large companies.

Top 5 Penny Stocks FIIs are Buying

Oct 19, 2023

These days, there are a lot of announcements and hype around stocks bought and sold by FIIs.

How to Find the Best Penny Stocks to Buy Today

Sep 26, 2023

A checklist to narrow down the best penny stocks to buy in the stock market.

5 Penny Stocks with High Dividend Yields up to 17%. Are They Worth It?

Jul 24, 2023

These five penny stocks gave up to 17% yields in FY23. Take a look...

Top 5 Breakout Penny Stocks to Add to Your Watchlist

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.

5 Penny Stocks That Could Announce Big Dividends This Year

Mar 2, 2023

These penny stocks have a history of making regular payouts and they also have decent financials.

10 Fundamentally Strong Penny Stocks to Watch Out for as 2023 Begins

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.

Best Penny Stocks For Long-Term? Here Are 5 To Watch Out For

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.

Top 5 Penny Stocks with Exceptional Promoter Backing. Look at These Hidden Gems...

Dec 26, 2023

With over 74% of the total equity with promoter group, these penny stocks are among the high promoter holding companies in India.

Penny Stocks Investing Strategy for 2024

Dec 12, 2023

How to find the top penny stocks? Read on...

Why Bajaj Hindusthan Sugar Share Price is Rising

Oct 27, 2023

The current rally is attributed to NCLT dismissing a petition. But there are several factors that could keep the stock in good stead going forward.

Top 5 Multibagger Penny Stocks to Watch Out for in 2024

Oct 3, 2023

A look at the top performing penny stocks of 2023 and how they are stacked for 2024.

Penny Stocks to Avoid in the Stock Market Today

Sep 25, 2023

A 5-point checklist to avoid bad penny stocks.

Undervalued Gems: 3 Penny Stocks Hitting 52-Week Lows. Time to Take a Look?

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.

6 Penny Stocks with Solid Growth and Zero Debt

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.

5 Penny Stocks Set to Grow Dramatically in 2023. Add them to Your Watchlist

Feb 21, 2023

These five penny stocks are enjoying multiple tailwinds and are set to grow exponentially in 2023.

5 Penny Stocks to Watch out for in 2023

Nov 22, 2022

Read on to find out why these low-risk penny stocks deserve your attention.

3 Penny Stocks to Watch Out for in 2023

Nov 14, 2022

Rahul Shah on 3 penny stocks with low downside and good upside potential for 2023.