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Best Penny Stocks in India – Up to 3000% return

Best Penny Stocks in India – Up to 3000% return

Raviraj Parekh June 6, 2020

Best Penny Stocks

What are Penny Stocks? Which are the Best Penny Stocks in India? Penny Stocks investing is a good or bad strategy? Before getting the answer of these questions let us go through one real life example – My friend has purchased penny stock in 2009. It was one of the best penny stocks in late 2008, however, he regret his decision today. He lost lot of money in this penny stock. From this example, we can say that penny stock is risky investment option. As per me, penny stock is like rich-poor stock. It can make you rich or it can make you poor. So, let’s try to get more information about a penny stock.

What is Penny Stocks?

  • Penny stocks are stocks that are available at the price of a penny.
  • It is a very Low stock cost in range of Rs.1 to Rs.10.
  • The Market capitalization of company is less than 100 Cr.
  • These stocks are highly speculative stocks of small companies.
  • Penny stocks are typically growing company with limited cash and resources
  • Penny stocks are a high-risk investment with low trading volume and less attention from the investor.

Also Read :- Penny Stocks – Good or Bad for Investment

How to Identify Best Penny Stocks?

It is very difficult to identify the best penny stocks. You can follow the method given below to find out best penny stock for investment.

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  • The company should be in business for several years.
  • The product and services of these stocks must be real and visible.
  • Promoter holding in this stock should be reasonable 30-40% minimum.
  • The Stock should be less volatile.
  • The Company should have potential in terms of business and earning profits.
  • The Company should be competent in the respective sector.

Also Read – How to Find Multibagger Stocks for Investment? – Flowchart

Best Penny Stocks in India

Based on criteria mentioned above and other factors, I have tried to find out best penny stocks in India for 2015-16 and here is the list of the same.

Best Penny Stocks

Also Read – Multi bagger stocks that made you crorepati from lakhpati

Kumar Wire Cloth – Kumar Wire Cloth has given a magnificent return of 3143% in last one year. Kumar Wire Cloth has shown high sales value, however, profit margins are very low.

Cambridge Technology – Cambridge Technology is small IT company stock. This stock has given a return of 1866% in last one year. Fundamental of this company is not so good, however, it turns out be best penny stock for 2015.

Virat Crane – Virat Crane is in the business of dairy products. In last one year, this penny stock has given a return of 539%. Company’s highest income till date is 1.8 Cr.

White Diamond – White Diamond deals in apparel accessories. The White diamond is able to give 275% return in last one year. Fundamental of this stock is very weak, however, it is one of the best penny stock of 2015.

RT Exports – RT Exports deal in agriculture products. In last year, this stock has given return on 164%.

Also Read:- Bluechip Stock – Should You Invest in Bluechip Stocks?

Penny Stock Investment is good or bad?

As discussed earlier penny stocks are like rich poor stock it can make you rich or can make you poor. It is good or bad for investment that you can decide based on pros and cons of these stock.

Pros –

  • If the identification of penny stock is done rightly it can give you huge return from 100% to 3000%.
  • These stocks are cheap so you can buy these stocks in bulk.
  • Some Stocks are stuck up as penny stock due to temporary period and it can bounce back and give skyrocketing returns.

Cons –

  • Very high risk as we don’t know that stock will grow or fall.
  • Penny stock may get de-listed and you will not able to sell it.
  • Trading volume of the penny stock is very low, so it is difficult to exit from these stocks.

Should you buy Penny Stocks?

Investing in penny stock is like gambling. You are investing money in the company with no fundamental in the hope of earning a big return. Penny stock is high risk, high reward game if you are conservative investor it is a big no for a penny stock.

Another side is “No Risk No Gain” you have to risk money to gain more money – “Kuch paane ke liye kuch khona padta hai”.

If you have a lot of surplus money you can go ahead and invest in the penny stocks. The risk is yours, you may lose entire money. The decision of investing penny stock is entirely up to you.

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Tags:best penny stocks best penny stocks india good penny stocks penny stock penny stocks penny stocks investment

About The Author

Raviraj Parekh

Raviraj is the man behind moneyexcel.com. He is PGDBA, engaged in blogging for 10 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

31 Comments

  1. anand

    Sir pls suggest 5 stocks like virat crane cambridge and kumar wire and what r ratios to find on screener

    January 22, 2016
  2. Krishna

    pls suggest 5 stocks for 2016-2017

    February 2, 2016
  3. Raviraj Parekh

    Dear Anand,

    I am bullish on Pfizer,Muthoot finance and Ramco cement.

    February 16, 2016
  4. anand

    thanku sir can i buy in sip mode this stocks. and what are the ratios to find good stocks for long term like wipro symphony

    February 16, 2016
  5. Rajkumar

    Hi Sir,

    Can you please suggest some current penny stocks for 2016 which will be multi bagger in 2 to 3 years?

    February 17, 2016
  6. radha

    dear ravi raj

    please share me the multi baggers like cambridge tech, i am small invester below 10rs multibaggers

    February 20, 2016
  7. Raviraj Parekh

    For 2016-17 I am bullish on Infosys,Maruti,Lupin,Reliance and TCS. As per me these stocks will act as wealth creator for 2016.

    February 23, 2016
  8. nawaz

    Looking for penny stocks for long term, pl suggest some

    March 8, 2016
  9. Aravind

    Hi Raviraj,

    What’s ur take on Chromatic India, Syncom Formula, Syncom health ?

    Is it a good buy for long term – 5-7 yrs?

    Aravind

    May 7, 2016
  10. Raviraj Parekh

    Dear Aravind,

    Chromatic India
    (1) Revenue and Expense is nearly same.
    (2) Profit margin for past few years is very low. Stock is not moving up since past 3 years.

    No for Chromatic India.

    Syncom Formula
    (1) Profit Margin has improved.
    (2) Buyers are very less and stock is not moving up since past 5 years.

    No for Syncom Formula

    Syncom Health
    (1) Profit margin is in negative since past two years.
    (2) Revenue is going down.

    No for Syncom Health.

    May 8, 2016
  11. shubham sakarwal

    where are these stocks listed?

    is it good to do intrday trading with penny stocks?

    please put a link.

    May 11, 2016
  12. Prakhar

    Hey Raviraj,

    I am new in this field and therefore i am seeking for a good advice from you. Can you please tell me the name of at least 5 stocks which can help me to increase my money.??

    Thanks!

    May 12, 2016
  13. Raviraj Parekh

    Dear Prakhar,

    You can plan to invest in 10 Best stock mentioned here for the long term – https://moneyexcel.com/14322/10-best-stocks-buy-long-term

    May 12, 2016
  14. Raviraj Parekh

    Penny stocks are not good for Intraday trading.

    May 15, 2016
  15. Sourin Banerjee

    I filed your tips for penny stocks is no doubt good . please give me tips on 5 multibagger penny stocks for 1 or 2 years.

    May 16, 2016
  16. k vanangamudi

    Buy bedmutha Industries will touch Rs 50 in six months

    May 21, 2016
  17. kamala

    i wish to buy penny stock which can be a multibagger

    May 24, 2016
  18. dilith

    sir,
    can u pls name 6-8 stocks that to keep for my 3year old daughter? rally longterm. better to include 2-3 smallcaps too
    thank u

    May 27, 2016
  19. Shridhar

    Hello sir i just saw your posts and I have checked those share prices and all most 95%stocks have gone up sir my age is 20 and I have little bit saving what I have did from 2years can u please suggest me 5stocks below 6rs where I can invest for next 2 to 3 years

    June 11, 2016
  20. Pradeep

    I have purchased Infosys in bulk it’s been more than a year but I do not see much gains in it.. Now due to the Brexit don’t know what’s the impact..

    I am also interested in penny stocks like RK Export. Pleas shed some light on it

    June 28, 2016
  21. Ram

    Hi Sir, I have 50k penny stock shares of JCT ELECTRONICS LIMITED. This company has been de-listed. So please let me know, what can i do to get my invested money back. As i am new in this field and having very little knowledge.

    July 13, 2016
  22. Raviraj Parekh

    Dear Dilith,

    Please invest in Lupin,Sun Pharma,Titan,M&M,Pricol.These stocks are recommended for long term investment.

    July 27, 2016
  23. Raviraj Parekh

    Dear Shridhar,

    You can invest in R T Exports,SRS Ltd,HFCL,Rain Industries.However, please remember Investment in penny stock is risky affair and you may end up losing money.

    July 27, 2016
  24. Raviraj Parekh

    Dear Ram,

    It is very unfortunate that stock of company is de-listed.In this case first you need to find out why company stock has been delisted.

    Three types of Delisting is possible –

    Forced de-listing leaves investor no options but to sell at whatever price is decided, which may be less than the actual value.

    Voluntary de-listing offers shareholders a premium to the market value and the transaction is usually between the promoter and the shareholder (off the exchange)

    De-listing by Operational law where company stock is delisted due to operational problem.

    You have two option.There are brokers who deals in delisted shares you need to find out such brokers and second option is to Write a letter to company’s compliance officer, that you are willing to dilute your share holdings.

    July 27, 2016
  25. Raviraj Parekh

    Dear Pradeep,

    Stay Invested in Infosys.Long term you will get advantage. R T Export is good penny stock.However,you need to wait for 1 or 2 years to see gains.

    July 27, 2016
  26. ramchandra kuntal

    frnds.srs ltd,&ksk eng.hold 3to4yr

    August 7, 2016
  27. Ravi shah

    best penny stock for day trading?

    January 12, 2017
  28. Kunal

    Sir, I want to invest in subex Ltd for 3 or more years.pls suggest future.thanks कुणाल

    April 10, 2017
  29. nikhil bafna

    dear raviraj sir i have to invest per mnth 20thousnd for 2year and i will wait to gain profits like kumar wire Nd Cambridge can i buy srs and rt export every mnth 1000quntity of both share i will wait 5 year to 10 yeae for big gain

    August 9, 2017
  30. Raviraj Parekh

    Penny stock volume is low so it is not recommended for day trading.

    November 20, 2017
  31. Raviraj Parekh

    I suggest not to invest in Subex as return will be very low.

    November 20, 2017

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