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Best-Performing Penny Stocks Under Rs 1 In India

equity market
02 May 20246 mins readBy MOFSL

Introduction

One of the biggest draws of penny stocks is their low entry cost. They are available at an extremely cost-effective price point, making them an exciting investment proposition for those who may not have a huge investible surplus. This blog covers the top penny stocks available under Rs 1 that you can consider adding to your portfolio.

Best Penny Stocks Under Rs 1

Some of the best penny stocks available under Rs 1 which you can consider investing in are as follows:

1. Excel Realty N Infra Ltd

Excel Realty N Infra Limited was incorporated in 2003. The company is primarily engaged in business process outsourcing (BPO) and information technology (IT) enabled businesses and, as of 19 April 2024, has a market cap of Rs 75 crores. The one-year trailing return from the company’s stock stood at 11.11%.

Read More: Penny Stock in India 2024

2. NCL Research and Financial Services Limited

NCL Research and Financial Services Limited is a non-banking financial company (NBFC). Its major operations include financing and investing in securities, shares, and commodities. The company also provides financial services to corporates, non-corporates, and small and medium businesses (SMEs). As of 19 April 2024, the company's market cap stood at Rs 77 crores, and the one-year trailing returns of stocks stood at a whopping 71.43%.

3. Yamini Investments Company Ltd

Yamini Investments Company Ltd primarily deals with loans, investments, and advances. As of 19 April 2024, the company's market cap stood at Rs 49 crores. The company's stock has delivered an impressive one-year trailing returns, which stood at 34.29%.

4. ARC Finance Ltd

ARC Finance Ltd offers loan services and investments in securities. The company has a diversified business and provides secure and unsecured loans to individuals and corporations. As of 19 April 2024, its market cap stood at Rs 45 crores, and the one-year trailing returns from its stock stood at 36.92%.

5. Sun Retail

Sun Retail primarily deals in refined edible oils. Its products include sunflower, cottonseed, and groundnut oil, among others. As of 19th April 2024, the company's market cap stood at Rs 11 crores. The one-year trailing returns from the company's stock stood at 9.38%.

6. Johnson Pharmacare Ltd

Johnson Pharmacare Ltd is engaged in the business of antibiotics, drugs, vaccines, pharmaceuticals, and dietary supplement products, among others. As of 19 April 2024, the company's market cap stood at Rs 43 crores. The one-year trailing returns from the company's stock stood at 41.07%.

7. ACI Infocom Ltd

ACI Infocom Limited is in the construction and IT business. It majorly focuses on the opportunities available in the real estate sector and targets projects in the residential and commercial sectors. As of 19 April 2024, the company's market cap stood at Rs 22 crores. The one-year trailing returns of the company's stocks stood at a whopping 128.74%.

8. GTL Infrastructure Limited

GTL Infrastructure Limited is a popular name in passive infrastructure sharing. The company offers telecom towers and has several thousands of these towers across telecom circles. As of 19 April 2024, the company's market cap stood at Rs 2241 crores. The one-year trailing returns of the company's stock stood at an impressive 118.75%.

9. Rollatainers

Rollatainers is also in the food business segment, offering integrated packaging solutions via retail chains. It produces various cartons and manufactures and installs packaging machines in India and across the globe. As of 19 April 2024, the company's market cap stood at Rs 59 crores, and the one-year trailing returns of its stock stood at 90.91%.

10. Greencrest Financial Services Ltd

Greencrest Financial Services Ltd is an NBFC that's into finance and investment. The company offers various activities related to capital markets, including investing in various bonds, commodities, fixed deposits, etc. As of 19th April 2024, the company's market cap stood at Rs 39 crores, and the one-year trailing returns from the company's stock stood at 36.71%.

In Conclusion

While investing in the penny stocks mentioned above can help you grow your wealth, it’s essential to be aware of the associated volatility and risks. Note that penny stocks can experience wild price fluctuations. Also, they are less liquid compared to large-cap and mid-cap stocks. Hence, you need to invest with caution. 

 

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Disclaimer: The stocks, companies, or financial instruments mentioned in this blog are for informational purposes only and should not be considered as investment recommendations. It is advised to consult with your financial advisor before making any investment decisions. Investment in securities markets are subject to market risks, read all the related documents carefully before investing. Investors are strongly encouraged to carefully read the risk disclosure documents prior to participating in market-related investments or trading activities. Due to the volatile nature of financial markets, no guarantees can be made regarding investment returns. Motilal Oswal Financial Services Ltd. does not offer any assured returns on market-linked securities. Please note that past performance of stocks or indices is not indicative of future results.
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