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Which penny stock is best for future?

Which penny stock is best for future?

5 Multibagger Penny Stocks Of 2021 That Delivered Up To 1800\% Return So Far

  1. JITF Infralogistics: The company commands a market cap of Rs.
  2. ANG Lifesciences:
  3. Orchid Pharma:
  4. 3i Infotech:
  5. Authum Investment.

Which penny stocks will grow in future in India?

A detailed table with various parameters for Best penny stocks to buy:

Sr. No Company Name CMP (Rs.) 1 November 2021
1 ALOK INDUSTRIES LTD 22.55
2 DISH TV INDIA LTD 17.15
3 MOREPEN LABORATORIES LTD 50.20
4 GMR INFRASTRUCTURE LTD 40.75

Are penny stocks a good investment?

But with the highest risk involve, these stocks can give you good returns as well. While, one of the challenges with investing in penny stocks is finding reliable information about the company. Generally, the analysts or market watchers, cover only well-known companies or company’s which have high-priced stocks.

How do penny stocks move?

Penny stocks usually move when a high-value order is punched, with just a few orders stocks can hit their upper circuit. When trading penny stocks always keep in mind, never build a huge position in any of these stocks. If the market decided to move in the opposite direction then losses can also magnify.

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Why do some stocks trade in penny price?

Generally, a stock trading in penny price could be due to either very small size of the company, collapse of the business which resulted into heavy decline in shares, or financing problems. Whatever the reason is, we should remember that such kind of shares always carry good amount of risk and some carries huge risk also.

How many penny stocks are there in NSE?

After going through 1700+ stocks in NSE, we have compiled a list of penny stocks that are traded on NSE (National stock exchange). Penny stocks list, trading below Rs.10. But some of these stocks have gone way too high, I have not deleted those stocks.

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