According to the business, the overwhelming majority of best stock below 1 Rupees are chosen based on the volume of transactions they process on a daily basis. In the absence of benchmark volume, it is not possible to identify active stocks; nevertheless, it is possible to compile a list of the businesses that have garnered the largest amount of attention from traders and investors. Trading activity for these active companies is often prompted by market news, such as an earnings report, dividend announcement, or an unusually high number of shares in circulation in a particular company.
Keep in mind that you should avoid just investing your money in any old best shares under 1 Rupees with high volume that you happen to come upon. Before making a decision on a company, it is essential to do basic research on its fundamentals and financials. When investors keep a careful watch on the fundamentals of the business as well as their technicals, they have the potential to earn a significant profit from the company’s fast growth. The fact that such companies trade at lower prices leads some investors to think that they would be able to purchase a big number of shares at a low price, which is not the case.
List of best stock below 1 Rupees of 2023
As the need of doing thorough due diligence on a business increases, it is becoming more essential to do so before making a financial investment in best stock below 1 Rupees. In light of the increasing volatility in the financial markets, it is becoming more difficult for the smart money to make a successful investment decision. Each and every one of the world’s largest corporations was once a penny stock, which is something to keep in mind if you are an ambitious investor who follows the financial markets on a regular basis. Let us look into the list of best stock below 1 Rupees for 2023 as follows.
| Sr | Company Name | ISIN Number | Listed On | Series | Group | Face Value | Listing Date | Industry / Company Sector | Market Cap (Cr) | P/BV | 1-Yr Return | 1-Yr Profit Growth | 3-Yrs Profit Growth | 5-Yrs Profit Growth | 52 Week High | 52 Week High Date | 52 Week Low | 52 Week Low Date |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Arc Finance Ltd | INE202R01018 | BSE | ₹10.00 | Other Financial Services | ₹45.95 | 0.9 | 46.15% | -42.65% | 35.41% | 14.87% | |||||||
| 2 | Gv Films Ltd. | INE395B01048 | BSE | X | ₹1.00 | Movies & Entertainment | ₹70.42 | 3.21 | 8.57% | 24.47% | 10.83% | 13.51% | ||||||
| 3 | Ncl Research & Financial Services Ltd. | INE132F01020 | BSE | ₹2.00 | Other Financial Services | ₹59.94 | 0.94 | 22.92% | 281.82% | 111.45% | 86.89% | |||||||
| 4 | Sanwaria Consumer Ltd | INE890C01046 | NSE & BSE | BZ | Z | ₹1.00 | 27-03-2006 | Food Processing | ₹67.72 | 46.15% | -102.6% | ₹1.85 | 13-Jan-22 | ₹0.60 | 23-Nov-21 | |||
| 5 | Shalimar Productions Ltd. | INE435E01020 | BSE | X | ₹1.00 | Other Financial Services | ₹59.06 | 0.58 | 20.41% | -3.03% | 81.71% | 14.87% | ||||||
| 6 | Shekhawati Poly-Yarn Ltd. | INE268L01020 | NSE & BSE | EQ | ₹1.00 | 12-01-2011 | Textiles – Non Apparel | ₹31.02 | 12.5% | -210.89% | ₹1.05 | 12-Sep-22 | ₹0.45 | 10-Aug-22 | ||||
| 7 | Stampede Capital Limited | INE224E01028 | NSE & BSE | BE | T | Financial Services | ₹88.17 | -29.41% | -277.67% | 21.71% | ₹0.90 | 24-Jan-22 | ₹0.50 | 19-Sep-22 | ||||
| 8 | Sun And Shine Worldwide Ltd. | INE560F01014 | BSE | ₹10.00 | Misc.Commercial Services | ₹46.20 | 0.79 | 138.89% | 21.74% | 128.94% | 26.58% | |||||||
| 9 | Sun Techno Overseas Ltd. | INE703D01023 | BSE | X | ₹1.00 | Comm.Trading & Distribution | ₹60.05 | 1.11 | 35.82% | 99.38% | 13.9% | |||||||
| 10 | Vikas Proppant & Granite Ltd | INE767B01022 | NSE & BSE | EQ | T | ₹1.00 | 19-08-2019 | Food Processing | ₹47.35 | 0.25 | -58.14% | -450.0% | 30.6% | 15.16% | ₹3.25 | 04-Jan-22 | ₹0.75 | 25-Jul-22 |
| 11 | Yamini Investments Company Ltd. | INE457N01025 | BSE | XT | ₹1.00 | Investment Companies | ₹50.47 | 7.5 | 86.27% | -43.33% | 3.39% | 11.84% |
Extremely low-priced companies with a small market capitalization are referred to as ultra penny stocks due to the little amount of money they trade for on the open market. The letter best shares under 1 Rupees is often used to denote certain situations. Any significant rise in the price of ultra penny stocks has the potential to cause the circuit to trip on both the upper and lower ends, depending on the magnitude of the increase.
Some of the issues that may arise include the inability of an investor who wishes to make a financial investment in the company best shares under 1 Rupees to obtain information about the company’s performance, what advice it provides for the company’s future course, what goals it has, what interests it has, or how reliable the audited financial statements are. Penny stocks are traded on the stock market, and investors and traders may invest their money in them to profit from the benefits of diversity. Penny stocks are only one kind of asset accessible on the stock market, among the many other types of securities available to investors.
Conclusion
Because of the current climate of growing fraud, speculation, pump-and-dump scams, and the absence of any track record, penny stocks have acquired a particularly bad reputation. Individual trading and the use of internet trading platforms are becoming more popular, which is increasing the need for the word best stock below 1 Rupees in the financial world. Many small businesses issue new shares to the general public in order to raise more cash for their operations. If new shares are issued, it is conceivable that current shareholders’ ownership interests will be diluted as a consequence of the new shares being issued. In addition, a decrease in the value of the stock is seen over time.