**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 stocks offer the potential of providing huge returns in a short time. This is the reason for their popularity.
But they are also very volatile in nature. They could either lift up your portfolio or create an irreparable dent in it. In fact, most penny stocks end up as wealth destroyers rather than wealth creators.
Despite their poor reputation, there are select few penny stocks that are diamonds in the rough.
They can become future multibaggers. These are the fundamentally strong penny stocks and they have a decent track record. By that we mean they have good profit and revenue growth and have a strong credit profile.
You need to buy such stocks when they are undervalued. If you do so, you will end up with a portfolio of the best penny stocks in India.
Finally, never ignore the risks of investing in penny stocks.
Check out Equitymaster's Ultimate Guide on Penny Stock Investing.
You can also checkout our playlist on Penny Stocks on Equitymaster's YouTube channel.
Sep 26, 2023
A checklist to narrow down the best penny stocks to buy in the stock market.
Jul 21, 2023
Keeping track of the rising promoter holding could be a starting point to discover some gems among penny stocks.
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.
Mar 2, 2023
These penny stocks have a history of making regular payouts and they also have decent financials.
Feb 10, 2023
Select penny stocks have rallied up to 300% already in 2023. But what does the future hold for them?
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 11, 2022
This is what you must know as a penny stock investor.
Sep 22, 2022
Avoid these myths to protect your portfolio.
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 24, 2023
These five penny stocks gave up to 17% yields in FY23. 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.
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.
Jan 2, 2023
As we move into a new year, examine whether the current market environment is conducive for picking penny stocks.
Nov 22, 2022
Read on to find out why these low-risk penny stocks deserve your attention.
Oct 24, 2022
As we move into Samvat 2079, examine whether the current market environment is conducive for picking penny stocks.
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 1, 2022
We are seven months into 2022 and several penny stocks have already surged 5x.
As per Equitymaster's Stock Screener, here is a list of high quality penny stocks in India right now...
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.
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.