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Penny Stocks Priced Below Rs 10: People who want to earn more profits with less investment often turn to penny stocks. The price of this stock is low, but the profit potential is high. There are many investors who simply place short-term bets in penny stocks and walk away with profits. There are many such small companies in the stock market, whose shares are seeing a strong rise. Today we are going to tell you about 5 such small but explosive stocks.
Bridge Securities
Is an investment company that deals in stocks and bonds etc. The shares of this company have brought glow on the faces of its investors. Even today i.e. on 21st November the market is trading with gains. Currently this share is Rs. Available at a price of Rs 5.95. This stock has given a strong return of 13.98% in the last five trading sessions. It has increased by 162.83% in the last six months, by 266.67% so far this year and by 306.85% in the last one year. You can imagine how much profit those who bet on this would have made.
GTL Infrastructure
It is a company related to telecom sector. The shares of this company, which came into existence in 2004, are currently available at a price of around Rs 2. Shares of this small cap company have given a return of 49.63% so far this year, whereas last year the company saw a gain of 83.64%. Simply put, if you had invested in this company a year ago, you would have been rich today. The company’s 52-week high lever is Rs 4.33, so there is still scope for upside.
Sarveshwar Foods
The shares of this small cap company related to the food market may have seen a decline today, but it has given investors ample opportunities to be happy with its performance. This share is worth Rs. At a price of Rs 8.83, it has delivered an impressive year-to-date (YTD) return of 50.94%. Talking about the last one year, this figure was 85.89%. On November 21, 2023, the stock was trading at Rs 4 75 paise and is poised to touch the level of Rs 9 today. Its 52-week high lever is Rs 15.55.
Franklin Industries providing contract farming services
Shares of are also trading in the green zone today. With a jump of over four per cent, the stock traded at Rs. The figure of 2.23 has been touched. The stock has seen a gain of 17.99% in the last one month and has given a return of 90.60% to investors in the last 1 year. Its price on 21 November 2023 was Rs 1.17. However, the 52 week high of this stock is still Rs. Available as low as 4.13.
Cubicle Financial Services, a financial services company
It remains a topic of discussion among investors in the stock market. Priced at Rs 2.45, this stock has given a return of 13.95% to its investors in the last one month. So far this year this figure has been 58.06% and in the last 1 year it has been 76.26%. The stock’s 52-week high leverage was Rs. 2.85, which it is going to get very close to.
What are penny stocks?
Penny stocks are usually associated with smaller companies that lack the expected liquidity. The price of these shares is very low, hence they attract people. However, it also carries a high level of risk. Therefore, one should invest in it only after thinking carefully and doing adequate research.
