URL copied to clipboard
Best Penny Stocks To Buy

1 min read

Best Penny Stocks In India

The table below shows the Best Penny Stocks In India based on the Highest Market Capitalization.

NameMarket CapClose Price
Unitech Ltd2,993.0511.58
Dish TV India Ltd2,752.6814.37
Media Matrix Worldwide Ltd2,556.4921.57
Orient Green Power Company Ltd2,432.8720.18
Rama Steel Tubes Ltd2,310.4714.28
Syncom Formulations (India) Ltd2,110.1920.86
Brightcom Group Ltd2,008.439.95
India Power Corporation Ltd1,933.9518.92
Jaiprakash Associates Ltd1,649.497.4
Mishtann Foods Ltd1,612.7414.6

Content:

Top 10 Penny Stocks India

The table below shows India’s Top 10 Penny Stocks based on 1 Year Return. 

NameClose Price1Y Return
Unitech Ltd11.58345.38
Sunshine Capital Ltd2.04330.77
Nila Spaces Ltd11.47283.93
Maagh Advertising and Marketing Services Ltd13.77258.74
Pmc Fincorp Ltd5.59243.86
Jaysynth Orgochem Ltd18.9237.5
Newtime Infrastructure Ltd10.97223.1
Leading Leasing Finance and Investment Company Ltd7.62191.95
Vardhman Polytex Ltd13.1182.28
Reliance Home Finance Ltd5.28170.77
Alice Blue Image

Penny Stocks List

The table below shows the Penny Stocks List based on a 1-month return.

NameClose Price1M Return
Zee Media Corporation Ltd22.6482.82
Reliance Home Finance Ltd5.2878.98
Leading Leasing Finance and Investment Company Ltd7.6246.38
Media Matrix Worldwide Ltd21.5743.28
Ansal Properties and Infrastructure Ltd13.4339.9
Rama Steel Tubes Ltd14.2838.84
Nandan Denim Ltd6.1337.93
B.A.G. Films and Media Ltd12.6636.98
Rhetan TMT Ltd17.9128.35
Bartronics India Ltd22.8928.24

Best Penny Stocks In India 2024

The table below shows the Best Penny Stocks In India in 2024 based on the highest day Volume.

NameClose PriceDaily Volume
Rama Steel Tubes Ltd14.2823312135
KBC Global Ltd2.1917392340
G G Engineering Ltd1.912700460
Reliance Home Finance Ltd5.2812698359
Gennex Laboratories Ltd21.7212491296
Evexia Lifecare Ltd3.9612252537
Orient Green Power Company Ltd20.1812226515
Standard Capital Markets Ltd1.612183437
Brightcom Group Ltd9.9511437361
Seacoast Shipping Services Ltd4.6910951335

Best Penny Stocks

The table below shows the Best Penny Stocks based on the PE Ratio. 

NameClose PricePE Ratio
Brightcom Group Ltd9.951.42
Zee Learn Ltd9.321.99
Remedium Lifecare Ltd8.653.62
Alliance Integrated Metaliks Ltd15.788.66
Seacoast Shipping Services Ltd4.6910.77
Nandan Denim Ltd6.1316.53
Mangalam Global Enterprise Ltd24.9818.15
Rana Sugars Ltd22.1422.09
Madhav Infra Projects Ltd16.0426.05
Ruchi Infrastructure Ltd13.7727.21

Best Penny Stocks in India

The table below shows the Best Penny Stocks in India based on the 6-month return. 

NameClose Price6M Return
Leading Leasing Finance and Investment Company Ltd7.62238.67
Navkar Urbanstructure Ltd13.53159.69
Jaysynth Orgochem Ltd18.9152.34
Pmc Fincorp Ltd5.59114.18
Vardhman Polytex Ltd13.183.76
Rhetan TMT Ltd17.9179.28
Noida Toll Bridge Company Ltd15.9878.55
Reliance Home Finance Ltd5.2873.11
Madhav Infra Projects Ltd16.0460.08
Nandan Denim Ltd6.1358.19

Introduction to Best Penny Stocks In India

Top 10 Penny Stocks India – 1-Year Return

Unitech Ltd

The Market Cap of Unitech Ltd is ₹2,993.05 crore. The stock’s 1-month return is 22.01%, and its 1-year return is 345.38%. It is currently 70.98% away from its 52-week high.

Unitech Ltd is one of India’s leading real estate developers, established in 1971. The company focuses on residential, commercial, and infrastructure projects, catering to urban and suburban areas. Over the years, Unitech has diversified its portfolio to include construction, leasing, and hospitality services.

Sunshine Capital Ltd

The Market Cap of Sunshine Capital Ltd is ₹1,084.31 crore. The stock’s 1-month return is -15.42%, and its 1-year return is 330.77%. It is currently 102.45% away from its 52-week high.

Sunshine Capital Ltd is a non-banking financial company (NBFC) in India, providing a range of financial services, including loans and investment advisory. With a focus on catering to both retail and corporate clients, the company aims to offer customized financial solutions to meet diverse customer needs.

Nila Spaces Ltd

The Market Cap of Nila Spaces Ltd is ₹470.33 crore. The stock’s 1-month return is -0.26%, and its 1-year return is 283.93%. It is currently 8.98% away from its 52-week high.

Nila Spaces Ltd is a real estate development company based in Gujarat, India. Specializing in residential and commercial projects, the company focuses on affordable housing and urban infrastructure. It aims to create sustainable and eco-friendly developments, contributing to urbanization in key regions of India.

Penny Stocks List – 1 Month Return

Zee Media Corporation Ltd

The Market Cap of Zee Media Corporation Ltd is ₹1,569.83 crore. The stock’s 1-month return is 82.82%, and its 1-year return is 75.5%. It is currently 16.39% away from its 52-week high.

Zee Media Corporation Ltd is a prominent Indian media company that operates a network of national and regional news channels. It is part of the Essel Group and provides news, entertainment, and digital content across various platforms. Zee Media aims to deliver credible and timely news to its viewers.

Reliance Home Finance Ltd

The Market Cap of Reliance Home Finance Ltd is ₹256.55 crore. The stock’s 1-month return is 78.98%, and its 1-year return is 170.77%. It is currently 10.42% away from its 52-week high.

Reliance Home Finance Ltd is a part of the Reliance Group, providing home loans, loan against property, and construction finance. The company caters to individual homebuyers and real estate developers, focusing on affordable housing finance solutions. Its goal is to support housing growth in India through accessible financing.

Leading Leasing Finance and Investment Company Ltd

The Market Cap of Leading Leasing Finance and Investment Company Ltd is ₹323.2 crore. The stock’s 1-month return is 46.38%, and its 1-year return is 191.95%. It is currently 0% away from its 52-week high.

Leading Leasing Finance and Investment Company Ltd is an Indian non-banking financial company (NBFC) that offers leasing and financial services. The company focuses on providing loans, leasing solutions, and investment opportunities to individuals and businesses, helping clients manage their financial needs and expand their asset portfolios effectively.

Best Penny Stocks In India – Highest Market Capitalization

Dish TV India Ltd

The Market Cap of DishTV is ₹2,752.68 crore. The stock’s 1-month return is 2.71%, and its 1-year return is -16.91%. It is currently 81.28% away from its 52-week high.

DishTV is Asia’s largest Direct-to-Home entertainment provider, revolutionizing digital entertainment in India. Known for its innovative offerings, DishTV allows customers to customize their viewing experience with a vast selection of channels and features, all while prioritizing customer satisfaction and service excellence.

Media Matrix Worldwide Ltd

The Market Cap of Media Matrix Worldwide Ltd is ₹2,556.49 crore. The stock’s 1-month return is 43.28%, and its 1-year return is -10.83%. It is currently 27.49% away from its 52-week high.

Media Matrix Worldwide Ltd is a media and entertainment technology company, providing services such as content production, post-production, and digital media solutions. The company caters to the film, television, and advertising industries, offering a broad range of technical expertise to deliver high-quality content and media production services globally.

Orient Green Power Company Ltd

The Market Cap of Orient Green Power Company Ltd is ₹2,432.87 crore. The stock’s 1-month return is 2.05%, and its 1-year return is 72.37%. It is currently 58% away from its 52-week high.

Orient Green Power Company Ltd is one of India’s leading renewable energy companies, specializing in wind and biomass power generation. With a focus on sustainable energy solutions, the company operates several renewable power plants across the country, contributing to India’s efforts in reducing carbon emissions and promoting green energy.

Best Penny Stocks 2024 – Highest Day Volume

Rama Steel Tubes Ltd

The Market Cap of Rama Steel Tubes Ltd is ₹2,310.47 crore. The stock’s 1-month return is 38.84%, and its 1-year return is 26.58%. It is currently 22.9% away from its 52-week high.

Rama Steel Tubes Ltd is a leading manufacturer of steel pipes and tubes in India. Established in 1974, the company specializes in producing galvanized steel tubes, ERW pipes, and structural steel products. Its products serve diverse industries, including infrastructure, construction, and engineering applications.

KBC Global Ltd

The Market Cap of KBC Global Ltd is ₹306.13 crore. The stock’s 1-month return is 24.85%, and its 1-year return is -18%. It is currently 25.57% away from its 52-week high.

KBC Global Ltd, formerly known as Karda Constructions Ltd, is a prominent real estate development company based in Nashik, India. Founded in 2007, the company focuses on residential and commercial projects, offering quality construction and customer satisfaction. It is known for timely delivery and modern infrastructure solutions.

G G Engineering Ltd

The Market Cap of G G Engineering Ltd is ₹209.34 crore. The stock’s 1-month return is -13.5%, and its 1-year return is 36.22%. It is currently 56.32% away from its 52-week high.

G G Engineering Ltd is an Indian company specializing in the manufacturing of sheet metal enclosures and genset acoustic canopies. Established in 2006, it caters to various industries by offering customized engineering solutions, focusing on precision and quality in product development. The company is based in Gujarat, India.

Best Penny Stocks – PE Ratio

Brightcom Group Ltd

The Market Cap of Brightcom Group Ltd is ₹2,008.43 crore. The stock’s 1-month return is 13.97%, and its 1-year return is -47.63%. It is currently 130.65% away from its 52-week high.

Brightcom Group Ltd is a global digital marketing and advertising solutions company specializing in providing digital media, technology, and marketing services. With a strong presence across multiple continents, the company offers expertise in programmatic advertising, data analytics, and customer engagement, catering to the evolving needs of the digital ecosystem.

Zee Learn Ltd

The Market Cap of Zee Learn Ltd is ₹306.5 crore. The stock’s 1-month return is 17.18%, and its 1-year return is 78.55%. It is currently 20.6% away from its 52-week high.

Zee Learn Ltd is one of India’s leading education companies, operating in the preschool and K-12 segments. Known for its renowned Kidzee preschool chain and Mount Litera Zee Schools, Zee Learn is committed to empowering young minds with innovative teaching methods and a robust educational infrastructure across the country.

Remedium Lifecare Ltd

The Market Cap of Remedium Lifecare Ltd is ₹359.47 crore. The stock’s 1-month return is -10.82%, and its 1-year return is -73.46%. It is currently 342.2% away from its 52-week high.

Remedium Lifecare Ltd is a pharmaceutical company engaged in the manufacturing and distribution of a wide range of healthcare products. The company focuses on offering high-quality, affordable medicines to cater to diverse therapeutic areas, contributing to improved health outcomes and access to essential medications across regions.

Best Penny Stocks in India – 6-Month Return

Leading Leasing Finance and Investment Company Ltd

The Market Cap of Leading Leasing Finance and Investment Company Ltd is ₹323.2 crore. The stock’s 1-month return is 46.38%, and its 1-year return is 191.95%. It is currently 0% away from its 52-week high.

Leading Leasing Finance and Investment Company Ltd is a non-banking financial company (NBFC) in India, offering financial services such as leasing, investment, and lending. Established in 1983, the company provides customized financial solutions to businesses and individuals, focusing on growth and development across multiple sectors.

Navkar Urbanstructure Ltd

The Market Cap of Navkar Urbanstructure Ltd is ₹325.3 crore. The stock’s 1-month return is -5.95%, and its 1-year return is 141.23%. It is currently 24.17% away from its 52-week high.

Navkar Urbanstructure Ltd, established in 1992, is a real estate development company in India. It focuses on creating residential and commercial spaces with an emphasis on quality construction and innovative urban infrastructure solutions. The company aims to deliver projects that meet modern living standards and enhance urban lifestyles.

Jaysynth Orgochem Ltd

The Market Cap of Jaysynth Orgochem Ltd is ₹239.73 crore. The stock’s 1-month return is -5.61%, and its 1-year return is 237.5%. It is currently 14.5% away from its 52-week high.

Jaysynth Orgochem Ltd, founded in 1985, is an Indian company engaged in the production of dyes, pigments, and related chemicals. It serves industries such as textiles, plastics, and printing inks, offering a wide range of organic chemical products. The company is known for its high-quality and sustainable solutions.

Alice Blue Image

Best Penny Stocks In India – FAQ

Which are the Best Penny Stocks?

Best Penny Stocks #1: Unitech Ltd

Best Penny Stocks #2: Dish TV India Ltd

Best Penny Stocks #3: Media Matrix Worldwide Ltd

Best Penny Stocks #4: Orient Green Power Company Ltd

Best Penny Stocks #5: Rama Steel Tubes Ltd

The stocks mentioned are ranked according to their market capitalization.

Is it good to invest in Penny Stocks?

Investing in penny stocks can be risky due to their volatile nature, low liquidity, and susceptibility to manipulation. While they offer the potential for high returns, they also pose significant risks of loss. Investors should conduct thorough research and exercise caution, as penny stocks are often associated with speculative trading.

How To Invest In Penny Stocks?

Investing in penny stocks requires careful research and risk management. Start by identifying reputable penny stock brokers, then conduct thorough due diligence on potential investments. Diversify your portfolio, set stop-loss orders to mitigate losses, and be prepared for high volatility. Stay informed about market trends and trade with caution.

What are the Top 10 Penny Stocks in India?

Based on the one-year return, the top 10 Penny Stocks are

  1. Unitech Ltd
  2. Sunshine Capital Ltd
  3. Nila Spaces Ltd
  4. Maagh Advertising and Marketing Services Ltd
  5. Pmc Fincorp Ltd
  6. Jaysynth Orgochem Ltd
  7. Newtime Infrastructure Ltd
  8. Leading Leasing Finance and Investment Company Ltd
  9. Vardhman Polytex Ltd
  10. Reliance Home Finance Ltd

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

All Topics
Related Posts
Best Mutual Fund For Short Term English
Finance

Best Mutual Fund For Short Term

The below table shows the Best Mutual Fund For the Short Term based on AUM, NAV, and minimum SIP. Name AUM (Cr) NAV Minimum SIP

Small Cap Electrical Equipment Stocks English
Finance

Small Cap Electrical Equipment Stocks

The table below shows the small-cap electrical equipment stocks based on the highest market capitalization. Name Market Cap (Cr) Close Price Inox Wind Ltd 28,576.56