List-of-Best-Stock-Below-1-Rupees-List-of-Best-Stock-Below-1-Rupees

List of Best Stock Below 1 Rupees of 2024

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. Let us look into below 1 rs share price list 2024 in this article.

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 below 1 rupees, which is not the case.

List of Best Stock Below 1 Rupees of 2024

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 2024 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 Alstone Textiles (India) Ltd INE184S01016 BSE     ₹10.00   Distributors ₹77.76 0.52 -78.67% 89.89%            
2 Arc Finance Ltd INE202R01018 BSE   X ₹10.00   Other Financial Services ₹35.85 0.69 -6.58% -57.58% 11.2% 17.08%        
3 Global Capital Markets Ltd. INE062C01034 BSE   Z ₹10.00   Finance (including NBFCs) ₹39.43 0.84 33.78% -153.49% 24.29% 11.84%        
4 Gold Line International Finvest Ltd INE204P01026 BSE   Z ₹1.00   Investment Companies ₹37.51 0.7 -19.1% -61.11% 51.83% 11.84%        
5 Gv Films Ltd. INE395B01048 BSE   XT ₹1.00   Movies & Entertainment ₹43.90 2.13 -29.41% 0.74%   6.82%        
6 Ncl Research & Financial Services Ltd. INE132F01020 BSE   Z ₹2.00   Other Financial Services ₹55.66 0.5 -3.7% 353.12% 210.72% 53.68%        
7 Shalimar Productions Ltd. INE435E01020 BSE   X ₹1.00   Other Financial Services ₹48.23 0.48 -3.92% -400.0% 108.01% 6.96%        
8 Shree Ganesh Biotech (India) Ltd INE051N01018 BSE   X ₹10.00   Biotechnology ₹33.48 0.54 -55.32% -86.18% 104.08% -10.23%        
9 Shree Securities Ltd INE397C01018 BSE     ₹10.00   Finance (including NBFCs) ₹31.12 1.2 -78.57% -132.14%            
10 Sun And Shine Worldwide Ltd. INE560F01014 BSE     ₹10.00   Misc.Commercial Services ₹30.25 0.53 -23.61% -6000.0% 69.72% 44.65%        
11 Sun Techno Overseas Ltd. INE703D01023 BSE   XT ₹1.00   Comm.Trading & Distribution ₹52.86 0.95 -4.71% 846.15% -30.66% 14.52%        
12 Yamini Investments Company Ltd. INE457N01025 BSE   XT ₹1.00   Investment Companies ₹39.96 5.91 -9.52% -27.27% 3.39% 6.96%        
13 Excel Realty N Infra Ltd INE688J01015 NSE & BSE EQ B ₹10.00 03-08-2009 Personal & Household Prods. ₹49.37 0.29 0.0 59.82% 1.09%          
14 Future Consumer Ltd INE220J01025 NSE & BSE EQ A ₹6.00 04-07-2013 Retail (Department & Discount) ₹159.76   -54.29% 77.8% -4.89%   ₹1.80 17-Nov-22 ₹0.40 29-Mar-23
15 Future Enterprises Ltd INE623B01027 NSE & BSE EQ B ₹2.00 05-11-2001 Retail (Department & Discount) ₹65.47   -45.71% -34.08%     ₹2.20 05-Jan-23 ₹0.45 03-Apr-23
16 Siti Networks Ltd INE965H01011 NSE & BSE EQ B ₹1.00 10-01-2007 Broadcasting & Cable TV ₹69.76   -48.39% -11.08% -38.0% -26.69% ₹2.65 15-Dec-22 ₹0.60 03-Aug-23

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.

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