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Top 10 Penny Stocks in India

Penny stocks have been criticized a lot over the years. That too, for good reasons.

Despite having a poor reputation, there are select few penny stocks that are diamonds in the rough and can become future multibaggers. These penny stocks are fundamentally strong and have a decent track record.

Such stocks are usually undervalued compared to their peers, have good profit and revenue growth, and have a strong credit profile.

They have low debt on their books and pay dividends consistently.

While there's no set criteria in what makes a penny stock better than the other, here's a list of penny stocks which are fundamentally can call them the top 10 penny stocks in India.

Please note, the above list of penny stocks are not recommendations by any stretch.

It is suggested that you practice caution while investing in penny stocks.

Choose only those stocks that are fundamentally strong. In other words, stocks that have stable revenue and profit growth, good credit profile, and are trading at a discount to their peers.

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