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Penny Stocks List

Priced between Rs 1 to Rs 100, penny stocks offer a terrific entry point into the stock market and if chosen wisely, deliver spectacular gains to your portfolio.

However, they can also prove to be extremely risky. A lack of history and information about penny stocks, as well as low liquidity, can cause you to lose your money on what may seem like a bargain.

So, is there a penny stocks list that you should focus on?

Is there a low risk and high return strategy of investing in penny stocks which can lead you towards multibagger returns?

For the curated penny stocks list, we recommend you watch this video where co-head of Research at Equitymaster Rahul Shah shares the penny stocks list to focus on.

Also check out this framework for investing in penny stocks. This strategy is the easiest one to make money from penny stocks.

You can also checkout our playlist on Penny Stocks on Equitymaster's YouTube channel.

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Shankar Sharma Acquires 3,500,000 Shares in a Surging Penny Stock

May 14, 2024

The NSE-only listed stock has rallied around 40% in 2024 so far.

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.

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.

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.

These 2 Tata Group Stocks Have Started 2023 with a Bang. Will the Rally Continue?

Feb 22, 2023

While Adani-Hindenburg story is keeping the markets busy, these two Tata group stocks have had their best start in years. Will their dream run continue?

The 4 Strongest Companies in the Tata Group. Add Them to Your Watchlist

Jun 30, 2022

Check out these four Tata group companies that have the strongest performance and fundamentals.

Penny Stocks to Hold for the Long-Term

Apr 21, 2022

Which penny stocks are the best for the long term?

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 Performing Penny Stocks of August 2023

Aug 28, 2023

These penny stocks have rallied over 100% in a month.

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.

Top 5 High Quality Penny Stocks to Add to Your Watchlist

Mar 21, 2023

With so many options out there, it can be challenging to find high-quality penny stocks that are worth adding to your portfolio.

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.

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.

Fundamentally Strong Penny Stocks? Yes, it's Possible. Here's a List...

Jun 28, 2022

Keep an eye on these penny stocks which promise long term growth.

Penny Stocks to Buy and Hold Beyond 2022

Apr 6, 2022

A step-by-step method to pick the best penny stocks for the long term.




FAQs

What are penny stocks?

Penny stocks are shares of listed companies priced below Rs 100. In the US market, these stocks trade for less than a dollar i.e. for pennies. Hence the name.

Penny stocks have the potential for above-average returns. However, they are extremely risky. Therefore, investing in them requires care and caution.

You can see the list of Indian penny stocks and how they are performing here...

Which are the top high quality penny stocks in India?

Based on marketcap, these are the top high quality penny stocks in India:

You can see the full list of high quality penny stocks here.

And for a fundamental analysis of the above companies, check out Equitymaster’s Indian stock screener which has a separate screen for high quality penny stocks in India.

How should you go about investing in penny stocks?

Penny stocks are usually issued by new or very small companies. These companies often don't have a proven track record, which is why their shares are sold for so little.

Larger, more established companies may also have stocks trading under Rs 100 when they are facing financial trouble or approaching bankruptcy.

Since they carry a high amount of risk, one must have a proper strategy in place.

Check out our framework for investing in penny stocks. This strategy is the easiest one to make money from penny stocks.

How much should you invest in penny stocks?

Penny stocks are not suitable for investors who have a low-risk appetite.

However, even if you have a high-risk appetite, we believe one should not invest more than 2-3% of one's stock portfolio in penny stocks.