10 Penny stocks less than Rs 10
Here I am presenting few penny stocks from Indian Share Market which has contributed considerably to the profits of investors.
Why Penny Stocks?
Investing
in penny stocks is highly risky. As the value of the shares are around one to
two rupees only, some shares may vanish overnight from the market. The
attraction is, they are very low priced , can buy in huge quantities, and the
growth could be multiple fold unlike midcaps and largecaps which move in a
snail pace. Hence the risk factor is very high. Even-though it is one's own
hard earned money, those with a risk appetite can only win in the share market.
Those who invested might have experienced that some penny-stocks shares may get
delisted, suspended or vanish.
I have carefully picked 10 shares which has never given above problems till now.
1. Marsons
I have carefully picked 10 shares which has never given above problems till now.
1. Marsons
Marsons
is a leading Transformer manufacturer in India and the share price moved in the
range Rs 3.25 to 7.50, during the last year. For more details, visit the
company website.
2. Shekhawati Poly-Yarn
SPYL
is a new player in the Textile Industry and run by new
generation entrepreneurs and the share price moved in the range Rs
0.75 to 2.75, during the last year. More details can be obtained from the
company website below
3. Jenson and Nicholson
J&N
is the leading Paint makers in India and the share price moved in the
range Rs 4.5 to 10 during the last year. More details can be obtained from
the company website below
Website: http://www.jensonnicholson.com
Website: http://www.jensonnicholson.com
4. Super Tannery
Leading
leather accesories maufacturer and exporter whose share price moved in the
range Rs 3 to 8 during the last year. More details can be obtained from
the company website below
Website: http://www.supertannery.com
Website: http://www.supertannery.com
5. Jainco Projects (India)
This real estate and infrastructure stock's share price moved in the range Rs 3.5 to 8 during the last year. More details can be obtained from the company website below
Website: http://www.jainco.in
6. Farmax India
A
promising and growing company from the consumer goods section whose share price
moved in the range Rs 0.10 to 1.5 during the last year. More details can
be obtained from the company website below
7. Dynacons Systems and Solutions
Share price of this software company moved in the range Rs 6 to 15 during the last year. More details can be obtained from the company website below
8 Winsome Diamonds and Jewellery
BSE:
507892 | NSE:
WINSOMEDJ | ISIN:
INE664A01015 | SECTOR: DIAMOND CUTTING & JEWELLERY & PRECIOUS METALS
Share
price of this Jewellery maker moved in the range Rs 0.25 to 1.35 during
the last year. More details can be obtained from the company website below
9. Gayatri Sugars
Leading
sugar manufacturer in India and the share price moved in the range Rs 1.2
to 3.4 during the last year. More details can be obtained from the company
website below
10. Sezal Glass
Decorative cladding and specialised glass manufacturer in India and the share price moved in the range Rs 3.5 to 12.5 during the last year. More details can be obtained from the company website below
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