Penny stocks have a particularly bad reputation in the current climate of growing fraud, speculation, pump-and-dump scams, and the absence of any track record. Individual trading and online trading platforms are becoming increasingly popular, which is increasing demand for stocks between 10 to 20 Rupees. In order to raise more cash, many tiny businesses issue new shares to the public. Increased issuance of new shares would result in the dilution of current shareholders’ ownership stakes. A decrease in the value of the stock is also observed.
Many investors find that having limited liquidity is a positive aspect. When compared to other types of stocks, penny stocks have a lower number of shares available for trading on the stock exchanges. Aside from that, investors with a high risk tolerance appreciate that the shares between 10 to 20 Rupees stocks generate substantial returns in a short period of time.
List of stocks between 10 to 20 Rupees for 2024
The stock symbol stocks between 10 to 20 Rupees has a relatively tiny market capitalisation. Typically, there is no information available regarding the company’s future prospects or the likelihood of revenue growth in the near future. A large number of these businesses do not give quotes. Let us look into the list of stocks between 10 to 20 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 | Akashdeep Metal Industries Ltd | INE149Q01013 | BSE | X | ₹10.00 | Finance (including NBFCs) | ₹103.66 | 2.36 | -4.5% | 73.38% | 17.03% | 21.1% | ||||||
2 | Alfavision Overseas (India) Ltd. | INE883B01019 | BSE | ₹10.00 | Finance (including NBFCs) | ₹58.51 | 1.45 | 38.1% | -207.46% | |||||||||
3 | Amrapali Industries Ltd. | INE762C01021 | BSE | X | ₹5.00 | Comm.Trading & Distribution | ₹75.78 | 2.45 | 4.32% | |||||||||
4 | Arnold Holdings Ltd | INE185K01036 | BSE | X | ₹10.00 | Finance (including NBFCs) | ₹55.88 | 0.92 | -34.0% | -0.33% | 31.01% | 55.36% | ||||||
5 | Aruna Hotels Ltd. | INE957C01019 | BSE | XT | ₹10.00 | Hotels & Motels | ₹51.83 | 1.81 | -7.05% | -398.83% | -4.56% | -0.2% | ||||||
6 | Ashapuri Gold Ornament Ltd | INE05FR01011 | BSE | M | ₹10.00 | Apparel – Accessories | ₹264.74 | 3.12 | 43.11% | -23.57% | 55.87% | 91.01% | ||||||
7 | Ashnisha Industries Ltd | INE694W01016 | BSE | X | ₹10.00 | Comm.Trading & Distribution | ₹172.56 | 3.06 | 97.84% | -26.72% | 30.05% | 115.98% | ||||||
8 | Atv Projects India Ltd. | INE447A01015 | BSE | XT | ₹10.00 | Construction & Engineering | ₹81.27 | 0.42 | 62.42% | 30.3% | 14.94% | 5.92% | ||||||
9 | Baba Arts Ltd. | INE893A01036 | BSE | X | ₹1.00 | Movies & Entertainment | ₹65.52 | 2.75 | -32.17% | -34.12% | 31.36% | -0.19% | ||||||
10 | Balurghat Technologies Ltd. | INE654B01014 | BSE | X | ₹10.00 | Surface Transportation | ₹33.52 | 1.86 | 93.89% | -35.61% | -1.23% | 11.97% | ||||||
11 | Bihar Sponge Iron Ltd. | INE819C01011 | BSE | XT | ₹10.00 | Iron & Steel – Interm.Products | ₹98.05 | 7.73% | 47.29% | 152.92% | 80.69% | |||||||
12 | Chowgule Steamships Ltd. | INE490A01015 | BSE | XT | ₹10.00 | Shipping | ₹53.12 | 8.37% | -98.52% | 25.64% | ||||||||
13 | Enbee Trade & Finance Ltd. | INE993I01011 | BSE | ₹10.00 | Misc.Commercial Services | ₹48.32 | 1.61 | -48.22% | 29.94% | 33.42% | -11.42% | |||||||
14 | Expo Gas Containers Ltd. | INE561D01025 | BSE | X | ₹4.00 | Other Industrial Products | ₹32.11 | 1.53 | 53.36% | -487.5% | 65.1% | 78.26% | ||||||
15 | Fervent Synergies Ltd. | INE258M01011 | BSE | X | ₹10.00 | Pharmaceuticals | ₹56.67 | 1.31 | 28.5% | 283.33% | -1.41% | -22.64% | ||||||
16 | Filatex Fashions Ltd. | INE185E01013 | BSE | XT | ₹5.00 | Textiles | ₹2,345.21 | 1.02 | -44.61% | 47.98% | 159.7% | 188.11% | ||||||
17 | Galaxy Cloud Kitchens Ltd | INE403B01016 | BSE | X | ₹10.00 | Packaged Foods | ₹59.54 | -31.52% | -885.37% | 14.04% | 4.48% | |||||||
18 | Gennex Laboratories Ltd. | INE509C01026 | BSE | X | ₹1.00 | Pharmaceuticals | ₹251.27 | 2.91 | 120.56% | 146.99% | 39.96% | 42.52% | ||||||
19 | Globus Constructors & Developers Limited | INE064L01015 | BSE | ₹10.00 | Textiles | ₹183.35 | -35.66% | 5.26% | 10.19% | 6.27% | ||||||||
20 | Gujarat Credit Corporation Ltd. | INE034B01019 | BSE | ₹10.00 | Other Financial Services | ₹47.75 | 3.41 | -21.07% | 201.77% | -30.66% | -26.52% | |||||||
21 | Gujarat Natural Resources Limited | INE207H01018 | BSE | X | ₹10.00 | Exploration & Production | ₹136.19 | 1.23 | 11.28% | 40.24% | -44.64% | -3.39% | ||||||
22 | Gujarat State Financial Corporation | INE944A01011 | BSE | T | ₹10.00 | Financial Institutions | ₹92.23 | 43.75% | 2.4% | -2.24% | -1.72% | |||||||
23 | Hkg Ltd | INE904R01027 | BSE | ₹2.00 | Comm.Trading & Distribution | ₹76.07 | 4.32 | -1.09% | ||||||||||
24 | Indian Acrylics Ltd. | INE862B01013 | BSE | X | ₹10.00 | Fibres & Plastics | ₹161.57 | 2.76 | 4.55% | 60.65% | 21.48% | 16.78% | ||||||
25 | Indianivesh Ltd. | INE131H01028 | BSE | X | ₹1.00 | Finance (including NBFCs) | ₹59.38 | -71.81% | 146.09% | 25.33% | ||||||||
26 | Jayshree Chemicals Ltd. | INE693E01016 | BSE | X | ₹10.00 | Commodity Chemicals | ₹36.05 | 2.56 | 76.07% | 362.5% | 28.2% | 15.35% | ||||||
27 | Kaiser Corporation Limited | INE229G01022 | BSE | ₹1.00 | Comm.Trading & Distribution | ₹79.46 | 11.33 | -75.57% | 211.7% | 29.86% | 17.28% | |||||||
28 | Kcd Industries India Ltd | INE185U01027 | BSE | ₹5.00 | Comm.Trading & Distribution | ₹34.80 | 3.78 | 56.75% | ||||||||||
29 | Kisan Mouldings Ltd. | INE017C01012 | BSE | X | ₹10.00 | Plastic Products | ₹48.90 | 37.92% | 53.36% | -4.41% | ||||||||
30 | Kkalpana Industries (India) Ltd | INE301C01028 | BSE | X | ₹2.00 | Plastic Products | ₹99.62 | 2.84 | -18.97% | -60.12% | -63.44% | -40.55% | ||||||
31 | La Tim Metal & Industries Ltd | INE501N01012 | BSE | X | ₹10.00 | Other Industrial Goods | ₹162.85 | 5.37 | 63.33% | 226.59% | 13.15% | |||||||
32 | Lkp Securities Ltd | INE341H01023 | BSE | X | ₹2.00 | Other Financial Services | ₹118.62 | 1.74 | 0.4% | -70.68% | 26.13% | -16.96% | ||||||
33 | Mauria Udyog Ltd | INE150D01019 | BSE | XT | ₹10.00 | Other Industrial Products | ₹153.18 | 5.67 | 194.12% | 207.85% | 19.92% | |||||||
34 | Maximus International Ltd | INE544W01013 | BSE | B | ₹10.00 | Comm.Trading & Distribution | ₹217.87 | 6.37 | -34.97% | -4.02% | 40.91% | 36.89% | ||||||
35 | Mefcom Capital Markets Ltd. | INE186C01015 | BSE | ₹10.00 | Finance (including NBFCs) | ₹64.67 | 3.56 | -47.81% | 61.9% | |||||||||
36 | Mishtann Foods Ltd | INE094S01041 | BSE | XT | ₹1.00 | Other Agricultural Products | ₹1,590.00 | 5.19 | 75.5% | 53.86% | ||||||||
37 | Modulex Construction Technologies Ltd | INE064R01012 | BSE | X | ₹10.00 | Construction & Engineering | ₹88.72 | 0.25 | 2.72% | -28.66% | -33.69% | |||||||
38 | Msr India Ltd. | INE331L01026 | BSE | XT | ₹5.00 | Houseware | ₹67.60 | 4.89 | 50.56% | -290.69% | 160.45% | -21.43% | ||||||
39 | Nova Iron & Steel Ltd. | INE608C01026 | BSE | XT | ₹10.00 | Iron & Steel – Interm.Products | ₹70.98 | 257.56% | 25.37% | |||||||||
40 | Parvati Sweetners And Power Ltd | INE295Z01015 | BSE | XT | ₹5.00 | Sugar | ₹219.69 | 2.19 | 100.14% | 340.61% | 51.27% | -1.69% | ||||||
41 | Pcs Technology Ltd. | INE834B01012 | BSE | X | ₹10.00 | Computer Hardware | ₹31.43 | 0.72 | -12.54% | 75.0% | 27.68% | -27.59% | ||||||
42 | Rainbow Foundations Ltd. | INE230F01014 | BSE | X | ₹10.00 | Construction Services | ₹55.03 | 0.79 | -1.86% | -12.69% | -7.4% | -2.09% | ||||||
43 | Rajnish Wellness Ltd | INE685Z01017 | BSE | ₹10.00 | Pharmaceuticals | ₹851.47 | 10.18 | 5.52% | 120.0% | 40.17% | -28.31% | |||||||
44 | Regency Investments Ltd | INE964R01013 | BSE | X | ₹10.00 | Other Financial Services | ₹40.11 | 0.89 | 55.27% | 46.91% | 34.76% | 32.24% | ||||||
45 | Saboo Sodium Chloro Ltd. | INE440C01016 | BSE | XT | ₹10.00 | Other Food Products | ₹76.60 | 1.63 | 2.53% | 53.77% | -13.99% | -19.73% | ||||||
46 | Sacheta Metals Ltd. | INE433G01012 | BSE | X | ₹10.00 | Aluminium | ₹49.03 | 1.0 | 1.87% | -1.92% | 17.19% | 2.06% | ||||||
47 | Shahlon Silk Industries Ltd | INE052001018 | BSE | X | ₹10.00 | Textiles | ₹171.64 | 1.71 | 44.51% | 325.68% | ||||||||
48 | Suditi Industries Ltd. | INE691D01012 | BSE | X | ₹10.00 | Textiles | ₹48.06 | -41.33% | 35.96% | |||||||||
49 | Tasty Dairy Specialities Ltd | INE773Y01014 | BSE | B | ₹10.00 | Packaged Foods | ₹31.54 | 1.33 | -20.21% | 63.72% | ||||||||
50 | Tirupati Sarjan Ltd. | INE297J01023 | BSE | X | ₹5.00 | Construction Services | ₹44.88 | 0.55 | 25.35% | -59.4% | 0.0 | -11.5% | ||||||
51 | Trescon Ltd | INE088D01011 | BSE | X | ₹10.00 | Other Financial Services | ₹115.76 | 1.08 | 41.83% | 339.71% | -33.13% | 10.99% | ||||||
52 | Tti Enterprise Ltd | INE404F01031 | BSE | ₹10.00 | Finance (including NBFCs) | ₹35.79 | 1.4 | -6.69% | -128.07% | 0.0 | ||||||||
53 | Ultracab (India) Ltd | INE010R01015 | BSE | B | ₹10.00 | Other Elect.Equip. – Prod. | ₹166.32 | 0.96 | -30.56% | 33.33% | 76.17% | 50.81% | ||||||
54 | Unistar Multimedia Ltd. | INE808C01014 | BSE | ₹10.00 | Finance (including NBFCs) | ₹35.35 | -67.0% | 122.4% | 51.57% | |||||||||
55 | Vaarad Ventures Ltd | INE418B01048 | BSE | X | ₹1.00 | Finance (including NBFCs) | ₹399.34 | 0.87 | 6.46% | 4.0% | -56.32% | |||||||
56 | Variman Global Enterprises Ltd | INE717F01010 | BSE | X | ₹10.00 | Comm.Trading & Distribution | ₹263.66 | 7.77 | -42.34% | 115.22% | 40.6% | |||||||
57 | Winsome Breweries Ltd. | INE391C01011 | BSE | XT | ₹10.00 | Beverages (Alcoholic) | ₹49.11 | 1.47 | 99.21% | 112.8% | 10.36% | |||||||
58 | Zodiac Ventures Limited | INE945J01027 | BSE | XT | ₹1.00 | Consulting Services | ₹51.20 | 4.9 | -64.61% | 568.42% | 190.81% | |||||||
59 | A2Z Infra Engineering Limited | INE619I01012 | NSE & BSE | EQ | B | ₹10.00 | 23-12-2010 | Construction Services | ₹206.06 | 5.81 | 9.35% | -95.41% | 28.21% | 15.67% | ₹12.45 | 31-Aug-23 | ₹5.10 | 27-Mar-23 |
60 | Aksh Optifibre Ltd. | INE523B01011 | NSE & BSE | EQ | B | ₹5.00 | 18-08-2000 | Misc. Fabricated Products | ₹170.83 | 2.57 | 3.45% | -1610.0% | 29.64% | -19.58% | ₹13.40 | 25-Sep-23 | ₹8.00 | 18-Jul-23 |
61 | Alankit Ltd | INE914E01040 | NSE & BSE | EQ | B | ₹1.00 | 30-06-2015 | Computer Services | ₹309.89 | 1.84 | 28.37% | 1590.54% | 17.98% | -1.28% | ₹14.30 | 15-Nov-23 | ₹7.00 | 29-Mar-23 |
62 | Ansal Properties & Infrastructure Ltd. | INE436A01026 | NSE & BSE | EQ | B | ₹5.00 | 27-01-2006 | Construction Services | ₹175.50 | -55.49% | -55.14% | 8.54% | ||||||
63 | Ashima Ltd. | INE440A01010 | NSE & BSE | EQ | B | ₹10.00 | 27-07-1995 | Textiles – Non Apparel | ₹308.57 | 1.42 | 12.59% | -47.64% | -10.21% | 9.4% | ₹18.30 | 21-Dec-22 | ₹12.15 | 29-Mar-23 |
64 | Brightcom Group Ltd | INE425B01027 | NSE & BSE | EQ | B | ₹2.00 | 08-05-2015 | Business Services | ₹3,450.65 | 0.49 | -50.79% | 30.57% | 46.05% | 27.49% | ₹37.85 | 25-Nov-22 | ₹9.35 | 02-May-23 |
65 | Bsel Infrastructure Realty Ltd. | INE395A01016 | NSE & BSE | EQ | B | ₹10.00 | 07-02-2001 | Construction Services | ₹111.21 | 0.25 | 291.28% | 378.25% | 93.46% | 176.49% | ||||
66 | Celebrity Fashions Ltd. | INE185H01016 | NSE & BSE | EQ | B | ₹10.00 | 12-01-2006 | Apparel – Accessories | ₹99.46 | 3.42 | -10.68% | -44.75% | 72.41% | 55.15% | ₹22.85 | 29-Nov-22 | ₹12.00 | 21-Jul-23 |
67 | Century Extrusions Ltd. | INE281A01026 | NSE & BSE | EQ | B | ₹1.00 | 20-07-2004 | Misc. Fabricated Products | ₹131.60 | 1.87 | 58.17% | -7.39% | 23.38% | 13.38% | ₹22.05 | 13-Sep-23 | ₹7.60 | 29-Mar-23 |
68 | Cinevista Ltd. | INE039B01026 | NSE & BSE | EQ | B | ₹2.00 | 02-05-2000 | Motion Pictures | ₹105.13 | 1.23 | 57.76% | -166.73% | ₹24.45 | 18-Oct-23 | ₹9.90 | 16-Mar-23 | ||
69 | Dish Tv India Ltd. | INE836F01026 | NSE & BSE | EQ | A | ₹1.00 | 18-04-2007 | Broadcasting & Cable TV | ₹3,498.45 | 19.87% | -71.28% | 5.34% | 45.96% | ₹24.40 | 02-Dec-22 | ₹12.40 | 29-Mar-23 | |
70 | Eros International Media Ltd. | INE416L01017 | NSE & BSE | EQ | B | ₹10.00 | 06-10-2010 | Motion Pictures | ₹189.01 | 0.2 | -23.2% | -527.58% | ₹33.15 | 25-Nov-22 | ₹17.30 | 26-Oct-23 | ||
71 | Essar Shipping Ltd. | INE122M01019 | NSE & BSE | EQ | B | ₹10.00 | 15-11-2011 | Water Transportation | ₹359.10 | 101.74% | 155.38% | 24.92% | 14.59% | |||||
72 | Future Supply Chain Solutions Ltd | INE935Q01015 | NSE & BSE | EQ | B | ₹10.00 | 18-12-2017 | Business Services | ₹51.34 | -64.0% | 92.29% | ₹35.20 | 17-Nov-22 | ₹9.05 | 01-Aug-23 | |||
73 | Gvk Power & Infrastructure Ltd. | INE251H01024 | NSE & BSE | EQ | B | ₹1.00 | 27-02-2006 | Misc. Transportation | ₹1,792.40 | 305.36% | 221.66% | 25.63% | 14.59% | ₹13.10 | 04-Oct-23 | ₹2.00 | 29-Mar-23 | |
74 | Hcl Infosystems Ltd. | INE236A01020 | NSE & BSE | EQ | B | ₹2.00 | 01-01-1997 | Electronic Instr. & Controls | ₹558.01 | 9.0% | 32.02% | 17.44% | 14.09% | ₹20.80 | 07-Aug-23 | ₹11.15 | 28-Mar-23 | |
75 | Hindustan Motors Ltd. | INE253A01025 | NSE & BSE | EQ | B | ₹5.00 | 21-02-2011 | Auto & Truck Manufacturers | ₹357.85 | -1.72% | -132.98% | 0.35% | 14.23% | ₹22.15 | 25-Nov-22 | ₹12.30 | 29-Mar-23 | |
76 | Hindusthan National Glass & Industries Ltd. | INE952A01022 | NSE & BSE | EQ | B | ₹2.00 | 15-04-2009 | Containers & Packaging | ₹140.15 | 73.89% | 134.91% | 3.7% | ||||||
77 | Ind-Swift Ltd. | INE788B01028 | NSE & BSE | BE | ₹2.00 | 18-10-2004 | Major Drugs | ₹97.23 | 96.17% | 55.96% | -14.0% | -9.17% | ₹23.75 | 12-Sep-23 | ₹6.60 | 29-Mar-23 | ||
78 | Indowind Energy Ltd. | INE227G01018 | NSE & BSE | EQ | B | ₹10.00 | 14-09-2007 | Electric Utilities | ₹180.32 | 0.76 | 22.63% | -778.94% | 44.57% | 14.35% | ||||
79 | Jaiprakash Power Ventures Limited | INE351F01018 | NSE & BSE | EQ | B | ₹10.00 | 18-04-2005 | Electric Utilities | ₹10,143.12 | 0.95 | 101.36% | -81.09% | 26.74% | 15.39% | ₹15.30 | 16-Nov-23 | ₹5.15 | 27-Mar-23 |
80 | Jyoti Structures Ltd. | INE197A01024 | NSE & BSE | BZ | Z | ₹2.00 | 19-07-1995 | Construction Services | ₹932.76 | 210.08 | 5.76% | 139.37% | 25.96% | 14.86% | ||||
81 | Mep Infrastructure Developers Ltd | INE776I01010 | NSE & BSE | EQ | B | ₹10.00 | 06-05-2015 | Misc. Transportation | ₹237.29 | -15.13% | 27.86% | -2.55% | ₹21.20 | 15-Dec-22 | ₹9.80 | 10-Jul-23 | ||
82 | Mirc Electronics Ltd. | INE831A01028 | NSE & BSE | EQ | B | ₹1.00 | 24-05-2004 | Audio & Video Equipment | ₹367.21 | 2.06 | 3.25% | -417.93% | -5.65% | |||||
83 | Music Broadcast Ltd | INE919I01024 | NSE & BSE | BE | T | ₹2.00 | 17-03-2017 | Broadcasting & Cable TV | ₹515.07 | 0.98 | -35.78% | -34.42% | -49.33% | -44.16% | ₹27.75 | 06-Jan-23 | ₹9.70 | 29-Mar-23 |
84 | Noida Toll Bridge Company Ltd. | INE781B01015 | NSE & BSE | BE | T | ₹10.00 | 06-12-2002 | Construction Services | ₹260.68 | 1.2 | 76.1% | 4.22% | -5.52% | 6.85% | ₹14.00 | 16-Nov-23 | ₹6.05 | 02-Feb-23 |
85 | Parsvnath Developers Ltd. | INE561H01026 | NSE & BSE | EQ | B | ₹5.00 | 30-11-2006 | Construction Services | ₹443.88 | 41.67% | -42.66% | ₹13.60 | 26-Sep-23 | ₹6.00 | 31-Mar-23 | |||
86 | Patel Integrated Logistics Ltd. | INE529D01014 | NSE & BSE | EQ | B | ₹10.00 | 11-01-2008 | Trucking | ₹107.86 | 0.91 | 20.58% | -9.23% | 15.38% | -9.85% | ₹21.30 | 10-Aug-23 | ₹10.50 | 29-Mar-23 |
87 | Patspin India Ltd. | INE790C01014 | NSE & BSE | EQ | ₹10.00 | 10-05-1995 | Apparel – Accessories | ₹41.22 | 31.46% | 20.06% | -1.96% | |||||||
88 | Prajay Engineers Syndicate Ltd. | INE505C01016 | NSE & BSE | EQ | B | ₹10.00 | 02-01-2007 | Construction Services | ₹131.84 | 0.24 | 34.64% | -66.0% | -36.1% | 10.11% | ||||
89 | Rattanindia Power Limited | INE399K01017 | NSE & BSE | EQ | B | ₹10.00 | 30-10-2009 | Electric Utilities | ₹5,450.66 | 147.56% | -34.07% | 7.94% | -2.62% | ₹10.20 | 16-Nov-23 | ₹2.80 | 29-Mar-23 | |
90 | Ravi Kumar Distilleries Ltd. | INE722J01012 | NSE & BSE | EQ | ₹10.00 | 27-12-2010 | Beverages (Alcoholic) | ₹47.16 | 1.13 | 11.65% | -190.91% | 13.86% | ||||||
91 | Reliance Capital Ltd. | INE013A01015 | NSE & BSE | EQ | B | ₹10.00 | 29-11-1995 | Insurance (Life) | ₹281.77 | -9.35% | 78.45% | -29.22% | 10.04% | |||||
92 | Ruchi Infrastructure Ltd. | INE413B01023 | NSE & BSE | BE | T | ₹1.00 | 16-10-1996 | Misc. Transportation | ₹262.91 | 1.35 | 9.42% | -93.14% | 29.5% | 15.58% | ||||
93 | S.A.L.Steel Ltd. | INE658G01014 | NSE & BSE | EQ | B | ₹10.00 | 24-11-2004 | Iron & Steel | ₹139.35 | 3.33 | 33.33% | -88.04% | -39.3% | 96.88% | ₹23.30 | 18-Jan-23 | ₹11.90 | 16-Nov-22 |
94 | Sadbhav Engineering Ltd. | INE226H01026 | NSE & BSE | EQ | A | ₹1.00 | 01-03-2006 | Construction Services | ₹331.13 | 2.63 | 73.09% | 73.98% | -17.24% | |||||
95 | Sakuma Exports Ltd. | INE190H01024 | NSE & BSE | EQ | B | ₹1.00 | 08-03-2006 | Crops | ₹379.99 | 0.84 | 7.64% | -19.02% | 13.81% | -12.33% | ₹22.20 | 27-Sep-23 | ₹9.25 | 03-Apr-23 |
96 | Shree Rama Newsprint Ltd. | INE278B01020 | NSE & BSE | EQ | B | ₹10.00 | 20-09-2006 | Paper & Paper Products | ₹224.23 | 1.91 | -2.56% | 23.81% | 26.89% | 15.6% | ₹18.55 | 07-Sep-23 | ₹10.35 | 27-Mar-23 |
97 | Shyam Century Ferrous Ltd | INE979R01011 | NSE & BSE | EQ | B | ₹1.00 | 28-07-2015 | Iron & Steel | ₹416.92 | 2.58 | -11.88% | -71.3% | 861.9% | 20.58% | ₹23.00 | 06-Dec-22 | ₹15.30 | 28-Mar-23 |
98 | Soma Textiles & Industries Ltd. | INE314C01013 | NSE & BSE | BE | T | ₹10.00 | 14-08-1996 | Apparel – Accessories | ₹65.41 | 0.86 | 158.82% | 128.95% | 22.73% | 12.18% | ₹50.25 | 24-Mar-23 | ₹7.15 | 05-Dec-22 |
99 | Stl Global Ltd. | INE353H01010 | NSE & BSE | EQ | B | ₹10.00 | 10-04-2006 | Apparel – Accessories | ₹40.76 | 1.47 | -25.0% | -175.0% | -23.43% | -57.57% | ₹22.70 | 22-Sep-23 | ₹11.05 | 24-Feb-23 |
100 | Surana Telecom And Power Limited | INE130B01031 | NSE & BSE | EQ | B | ₹1.00 | 22-05-2002 | Communications Equipment | ₹156.12 | 1.23 | 7.48% | -123.46% | ₹13.50 | 24-Aug-23 | ₹7.60 | 29-Mar-23 | ||
101 | Tgb Banquets And Hotels Ltd. | INE797H01018 | NSE & BSE | EQ | B | ₹10.00 | 17-05-2007 | Conglomerates | ₹38.08 | 0.49 | 16.07% | 136.36% | 21.94% | 16.03% | ₹14.60 | 19-Dec-22 | ₹7.70 | 03-Apr-23 |
102 | Transwarranty Finance Ltd. | INE804H01012 | NSE & BSE | EQ | B | ₹10.00 | 26-02-2007 | Investment Services | ₹49.29 | 1.73 | -1.46% | -189.23% | -14.21% | ₹13.95 | 30-Aug-23 | ₹7.90 | 11-Apr-23 | |
103 | Urja Global Ltd. | INE550C01020 | NSE & BSE | EQ | B | ₹1.00 | 28-03-2017 | Electric Utilities | ₹567.49 | 3.27 | 0.0 | 18.23% | 10.96% | 30.32% | ₹12.70 | 12-Jun-23 | ₹6.00 | 28-Mar-23 |
104 | Vakrangee Limited | INE051B01021 | NSE & BSE | EQ | A | ₹1.00 | 03-04-2006 | Computer Services | ₹1,997.18 | 16.74 | -35.29% | -95.73% | -74.63% | -72.35% | ₹33.00 | 18-Nov-22 | ₹14.55 | 08-Aug-23 |
105 | Zee Media Corporation Limited | INE966H01019 | NSE & BSE | EQ | B | ₹1.00 | 10-01-2007 | Broadcasting & Cable TV | ₹1,028.83 | 3.11 | 12.67% | -306.47% | ₹17.45 | 16-Dec-22 | ₹7.35 | 30-May-23 |
The investor who wishes to invest in shares between 10 to 20 Rupees may not get any information about the business’s performance, what advice it provides for the future course of the company, what goals it has, what interests it has, or the reliability of the audited financial statements, among other things.
As a result, the majority of investors in shares between 10 to 20 Rupees do not have a long-term perspective on the investment. Despite the fact that traders are optimistic on these stocks for their potential to generate fast short-term gains, they do not contemplate adding penny stocks to their long-term portfolios. Fundamental insights into penny stocks are also limited, and the majority of them turn out to be fundamentally poor, prompting investors to liquidate their holdings.
Conclusion
Stock operators, like everyone else, are highly interested in stocks between 10 to 20 Rupees. When the stock price climbs to a particular level, they immediately unload their holdings that have been accumulated at lower levels, causing the stock price to fall once more. Another factor contributing to the low price of penny stocks is the lack of demand for them. Another factor is that the high level of risk involved typically discourages regular investors from participating. As a result, the stock becomes illiquid on a regular basis.
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