Because of rising levels of fraud, speculation, pump-and-dump schemes, and a lack of track records, penny stocks have a particularly bad reputation. Individual trading and online trading platforms are becoming increasingly popular, driving up the price of penny stocks India. In order to raise more funds, they issue new shares. Current shareholders’ shareholdings will be diluted if more shares are issued. The share price has also dropped. Let us look into list of penny stocks of 2024 India in this topic which also covers penny stocks to buy today India for 2024.
BSE and NSE Ultra penny stocks have a low price and a small market capitalization. These are frequently represented by the letter penny stocks to buy now in the alphabet. When it comes to ultra-penny stocks list in India, even a small price increase can set off a circuit on both the top and bottom.
Indian Penny Stocks List for 2024
A small sum of money has been invested in the stock of penny stocks. In most cases, no information about the company’s future prospects or expected revenue growth is provided. Many of them will not even give you a ballpark figure. Occasionally, an investor considering investing in an unnamed company has no idea how the company is doing, what advice it has for its future path, what goals it has, or how credible the audited account is. Let us look into the list of penny stocks 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 | Adcon Capital Services Ltd | INE805Q01010 | BSE | ₹10.00 | Finance (including NBFCs) | ₹34.20 | 1.62 | -73.14% | -53.33% | |||||||||
| 2 | Advik Capital Ltd | INE178T01024 | BSE | X | ₹1.00 | Finance (including NBFCs) | ₹122.88 | 1.91 | -15.59% | 23.95% | 353.88% | 147.83% | ||||||
| 3 | Alstone Textiles (India) Ltd | INE184S01016 | BSE | ₹10.00 | Distributors | ₹77.76 | 0.52 | -78.67% | 89.89% | |||||||||
| 4 | Arc Finance Ltd | INE202R01018 | BSE | X | ₹10.00 | Other Financial Services | ₹35.85 | 0.69 | -6.58% | -57.58% | 11.2% | 17.08% | ||||||
| 5 | Baroda Extrusion Ltd. | INE927K01023 | BSE | ₹1.00 | Copper | ₹42.63 | 1.42% | -191.67% | 21.21% | |||||||||
| 6 | Colorchips New Media Ltd | INE621I01026 | BSE | ₹10.00 | Broadcasting & Cable TV | ₹40.99 | 2.88 | -70.08% | -171.43% | |||||||||
| 7 | Cranes Software International Ltd. | INE234B01023 | BSE | X | ₹2.00 | Software & Programming | ₹46.64 | 9.09% | -607.0% | -8.4% | ||||||||
| 8 | Cybermate Infotek Ltd. | INE215B01022 | BSE | Z | ₹2.00 | Software & Programming | ₹33.76 | 0.33 | -48.0% | -119.67% | -26.74% | -37.97% | ||||||
| 9 | G G Engineering Ltd | INE694X01014 | BSE | B | ₹10.00 | Heavy Electrical Equipment | ₹105.54 | 1.44 | -86.39% | 3437.5% | 123.87% | |||||||
| 10 | Galactico Corporate Services Ltd | INE906Y01010 | BSE | ₹10.00 | Other Financial Services | ₹59.46 | 1.94 | -74.5% | 142.17% | 117.73% | 56.25% | |||||||
| 11 | Garment Mantra Lifestyle Ltd | INE653S01010 | BSE | B | ₹10.00 | Textiles | ₹46.18 | 1.31 | -3.36% | 376.19% | -38.88% | |||||||
| 12 | Generic Pharmasec Ltd | INE861N01036 | BSE | X | ₹1.00 | Specialty Chemicals | ₹138.15 | 8.56 | 4.18% | 1109.09% | 3.51% | 86.23% | ||||||
| 13 | Global Capital Markets Ltd. | INE062C01034 | BSE | Z | ₹10.00 | Finance (including NBFCs) | ₹39.43 | 0.84 | 33.78% | -153.49% | 24.29% | 11.84% | ||||||
| 14 | Gold Line International Finvest Ltd | INE204P01026 | BSE | Z | ₹1.00 | Investment Companies | ₹37.51 | 0.7 | -19.1% | -61.11% | 51.83% | 11.84% | ||||||
| 15 | Gv Films Ltd. | INE395B01048 | BSE | XT | ₹1.00 | Movies & Entertainment | ₹43.90 | 2.13 | -29.41% | 0.74% | 6.82% | |||||||
| 16 | India Steel Works Ltd. | INE072A01029 | BSE | X | ₹1.00 | Iron & Steel – Interm.Products | ₹84.79 | 1.75 | 3.9% | 57.02% | -34.67% | |||||||
| 17 | Indian Infotech & Software Ltd. | INE300B01022 | BSE | X | ₹1.00 | Software & Programming | ₹200.11 | 0.84 | -16.03% | 38600.0% | 28.51% | -7.69% | ||||||
| 18 | Jct Ltd. | INE945A01026 | BSE | XT | ₹2.50 | Textiles | ₹233.58 | 0.86 | -14.06% | -969.43% | -30.76% | |||||||
| 19 | Kavit Industries Limited | INE313M01014 | BSE | X | ₹10.00 | Edible Oils | ₹110.96 | 1.03 | 1.21% | -381.82% | -42.2% | 6.9% | ||||||
| 20 | Kcl Infra Projects Ltd | INE469F01026 | BSE | XT | ₹2.00 | Construction & Engineering | ₹41.55 | 0.76 | -5.75% | 75.64% | 15.98% | 25.55% | ||||||
| 21 | Lesha Industries Ltd. | INE050L01048 | BSE | ₹1.00 | Investment Companies | ₹42.57 | 1.73 | -42.75% | -130.67% | 79.67% | 26.71% | |||||||
| 22 | Mangalam Industrial Finance Ltd | INE717C01025 | BSE | XT | ₹1.00 | Finance (including NBFCs) | ₹308.69 | 10.84 | -33.68% | -208.67% | ||||||||
| 23 | Navkar Builders Ltd. | INE268H01010 | BSE | X | ₹10.00 | Construction Services | ₹103.01 | 0.65 | -46.5% | 3833.33% | 49.38% | 48.5% | ||||||
| 24 | 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% | ||||||
| 25 | Nel Holdings South Ltd | INE639K01016 | BSE | X | ₹10.00 | Construction Services | ₹49.44 | 29.39% | 143.03% | 5.91% | 10.88% | |||||||
| 26 | Pan India Corporation Ltd. | INE376A01032 | BSE | XT | ₹10.00 | Software & Programming | ₹43.49 | 3.39 | -21.92% | -437.5% | ||||||||
| 27 | Pmc Fincorp Limited | INE793G01035 | BSE | X | ₹1.00 | Finance (including NBFCs) | ₹153.81 | 1.4 | 4.35% | 180.65% | ||||||||
| 28 | Prismx Global Ventures Ltd | INE286N01010 | BSE | X | ₹10.00 | Comm.Trading & Distribution | ₹81.67 | 0.84 | -40.58% | -445.61% | -62.65% | -37.15% | ||||||
| 29 | Quadrant Televentures Limited | INE527B01020 | BSE | XT | ₹1.00 | Telecom Services | ₹71.63 | -21.48% | -11.61% | 1.11% | 3.77% | |||||||
| 30 | Radhe Developers (India) Ltd. | INE986B01036 | BSE | X | ₹10.00 | Construction Services | ₹144.53 | 2.62 | -64.74% | -119.88% | 33.36% | 2.1% | ||||||
| 31 | Restile Ceramics Ltd. | INE298E01022 | BSE | X | ₹10.00 | Furniture-Furnishing-Paints | ₹42.75 | 16.31% | 60.14% | 23.8% | 13.69% | |||||||
| 32 | Sadhna Broadcast Ltd | INE994R01010 | BSE | ₹10.00 | Broadcasting & Cable TV | ₹44.92 | 2.94 | -70.68% | 364.58% | |||||||||
| 33 | Seacoast Shipping Services Ltd | INE277T01016 | BSE | X | ₹10.00 | Distributors | ₹182.07 | 1.48 | -52.59% | 54.85% | 770.81% | 266.4% | ||||||
| 34 | Shalimar Productions Ltd. | INE435E01020 | BSE | X | ₹1.00 | Other Financial Services | ₹48.23 | 0.48 | -3.92% | -400.0% | 108.01% | 6.96% | ||||||
| 35 | Shree Ganesh Biotech (India) Ltd | INE051N01018 | BSE | X | ₹10.00 | Biotechnology | ₹33.48 | 0.54 | -55.32% | -86.18% | 104.08% | -10.23% | ||||||
| 36 | Shree Securities Ltd | INE397C01018 | BSE | ₹10.00 | Finance (including NBFCs) | ₹31.12 | 1.2 | -78.57% | -132.14% | |||||||||
| 37 | Smiths & Founders (India) Limited | INE728B01032 | BSE | XT | ₹1.00 | Other Industrial Products | ₹43.86 | 2.36 | -13.65% | -65.62% | 30.58% | 37.97% | ||||||
| 38 | Srestha Finvest Ltd | INE606K01023 | BSE | ₹2.00 | Investment Companies | ₹39.60 | 0.35 | -7.69% | -1198.33% | |||||||||
| 39 | Sun And Shine Worldwide Ltd. | INE560F01014 | BSE | ₹10.00 | Misc.Commercial Services | ₹30.25 | 0.53 | -23.61% | -6000.0% | 69.72% | 44.65% | |||||||
| 40 | Sun Techno Overseas Ltd. | INE703D01023 | BSE | XT | ₹1.00 | Comm.Trading & Distribution | ₹52.86 | 0.95 | -4.71% | 846.15% | -30.66% | 14.52% | ||||||
| 41 | Supremex Shine Steels Ltd | INE175N01023 | BSE | ₹1.00 | Iron & Steel – Interm.Products | ₹48.38 | 16.69 | 247.06% | -495.0% | -4.66% | 16.72% | |||||||
| 42 | Svc Industries Ltd | INE038B01010 | BSE | XT | ₹10.00 | Commodity Chemicals | ₹66.71 | 0.25 | 26.23% | 3.91% | 7.12% | |||||||
| 43 | Swasti Vinayaka Art And Heritage Corporation Ltd | INE895A01023 | BSE | X | ₹1.00 | Diversified | ₹35.10 | 1.66 | 42.34% | -11.86% | 35.33% | 3.6% | ||||||
| 44 | Sylph Technologies Ltd. | INE706F01013 | BSE | ₹10.00 | Software & Programming | ₹45.30 | 3.21 | 55.1% | -16.0% | 154.07% | 136.51% | |||||||
| 45 | Tatia Global Vennture Ltd. | INE083G01031 | BSE | X | ₹1.00 | Apparel – Accessories | ₹43.06 | 1.64 | 125.4% | -51.99% | 38.72% | 53.21% | ||||||
| 46 | Tilak Ventures Ltd | INE026L01022 | BSE | XT | ₹1.00 | Investment Companies | ₹94.49 | 1.25 | -1.85% | 516.35% | 108.01% | 24.15% | ||||||
| 47 | Ushdev International Ltd. | INE981D01025 | BSE | X | ₹1.00 | Comm.Trading & Distribution | ₹50.77 | -27.88% | 37.89% | 12.82% | ||||||||
| 48 | Yamini Investments Company Ltd. | INE457N01025 | BSE | XT | ₹1.00 | Investment Companies | ₹39.96 | 5.91 | -9.52% | -27.27% | 3.39% | 6.96% | ||||||
| 49 | Ankit Metal & Power Ltd. | INE106I01010 | NSE & BSE | EQ | B | ₹10.00 | 14-03-2013 | Misc. Fabricated Products | ₹68.44 | -18.49% | -769.44% | -11.89% | 7.79% | |||||
| 50 | Arshiya Limited | INE968D01022 | NSE & BSE | EQ | B | ₹2.00 | 14-12-2009 | Misc. Transportation | ₹117.25 | 42.79 | -57.62% | -532.34% | 10.87% | 5.82% | ₹12.05 | 01-Dec-22 | ₹3.50 | 31-Oct-23 |
| 51 | Country Condo’s Ltd. | INE695B01025 | NSE & BSE | BE | T | ₹1.00 | 22-01-2009 | Construction Services | ₹33.37 | 1.38 | 8.86% | 73.96% | 9.32% | 4.18% | ₹6.90 | 07-Dec-22 | ₹3.30 | 29-Mar-23 |
| 52 | Diligent Media Corporation Ltd | INE016M01021 | NSE & BSE | EQ | B | ₹1.00 | 11-12-2017 | Printing & Publishing | ₹53.56 | 8.33% | 172.94% | 41.66% | 20.65% | |||||
| 53 | 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% | |||||
| 54 | Fcs Software Solutions Ltd. | INE512B01022 | NSE & BSE | EQ | B | ₹1.00 | 21-09-2005 | Software & Programming | ₹495.77 | 1.39 | -1.69% | 82.83% | 27.24% | 15.11% | ₹3.45 | 07-Nov-23 | ₹1.85 | 31-Mar-23 |
| 55 | 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 | ||
| 56 | 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 | |||
| 57 | Future Lifestyle Fashions Ltd | INE452O01016 | NSE & BSE | EQ | A | ₹2.00 | 01-10-2013 | Apparel – Accessories | ₹67.59 | -56.21% | -71.94% | ₹11.30 | 05-Jan-23 | ₹2.60 | 04-Oct-23 | |||
| 58 | Future Retail Ltd | INE752P01024 | NSE & BSE | EQ | A | ₹2.00 | 29-08-2016 | Retail (Specialty) | ₹159.97 | -19.18% | -74.31% | ₹4.10 | 10-Jan-23 | ₹2.00 | 03-Apr-23 | |||
| 59 | Gtl Infrastructure Ltd. | INE221H01019 | NSE & BSE | EQ | B | ₹10.00 | 09-11-2006 | Communications Services | ₹1,472.81 | -8.0% | 8.08% | 3.58% | -42.31% | ₹1.45 | 14-Dec-22 | ₹0.60 | 29-Mar-23 | |
| 60 | Housing Development & Infrastructure Ltd. | INE191I01012 | NSE & BSE | BZ | Z | ₹10.00 | 24-07-2007 | Construction Services | ₹154.05 | -42.48% | -34.03% | 25.24% | ||||||
| 61 | Inventure Growth & Securities Ltd. | INE878H01016 | NSE & BSE | EQ | B | ₹10.00 | 04-08-2011 | Investment Services | ₹184.80 | 0.87 | -21.43% | -16.82% | 114.83% | 15.32% | ₹3.15 | 08-Dec-22 | ₹1.45 | 28-Mar-23 |
| 62 | Mcnally Bharat Engineering Company Ltd. | INE748A01016 | NSE & BSE | BE | T | ₹10.00 | 06-10-2006 | Construction Services | ₹86.74 | 15.49% | -2.53% | |||||||
| 63 | Nila Spaces Ltd | INE00S901012 | NSE & BSE | EQ | B | ₹1.00 | 28-12-2018 | Construction Services | ₹131.95 | 1.16 | -8.22% | -1238.24% | ₹4.90 | 06-Jul-23 | ₹2.45 | 29-May-23 | ||
| 64 | Reliance Communications Ltd. | INE330H01018 | NSE & BSE | EQ | B | ₹5.00 | 06-03-2006 | Communications Services | ₹483.97 | -27.08% | 60.39% | 15.89% | 6.9% | ₹2.35 | 13-Jan-23 | ₹1.00 | 21-Jun-23 | |
| 65 | Reliance Home Finance Ltd | INE217K01011 | NSE & BSE | EQ | B | ₹10.00 | 22-09-2017 | Consumer Financial Services | ₹94.59 | -48.68% | 214.09% | 156.66% | 101.69% | |||||
| 66 | Rolta India Ltd. | INE293A01013 | NSE & BSE | EQ | B | ₹10.00 | 01-03-1995 | Software & Programming | ₹38.16 | -41.03% | -119.74% | |||||||
| 67 | Sadbhav Infrastructure Project Ltd | INE764L01010 | NSE & BSE | EQ | B | ₹10.00 | 16-09-2015 | Construction Services | ₹169.07 | -11.93% | 8.87% | 28.81% | 16.7% | ₹7.25 | 07-Dec-22 | ₹2.85 | 31-Mar-23 | |
| 68 | Sambhaav Media Ltd. | INE699B01027 | NSE & BSE | EQ | B | ₹1.00 | 05-06-1996 | Advertising | ₹66.89 | 0.83 | -15.66% | -6742.0% | ₹4.95 | 09-Aug-23 | ₹2.25 | 31-Mar-23 | ||
| 69 | Sintex Plastics Technology Ltd | INE501W01021 | NSE & BSE | EQ | B | ₹1.00 | 08-08-2017 | Fabricated Plastic & Rubber | ₹89.06 | -55.56% | -287.12% | |||||||
| 70 | 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 | |
| 71 | Sri Havisha Hospitality And Infrastructure Ltd | INE293B01029 | NSE & BSE | BE | T | ₹2.00 | 16-02-2000 | Healthcare Facilities | ₹54.60 | 1.67 | -18.18% | -134.57% | 57.39% | 25.69% | ₹2.45 | 28-Dec-22 | ₹1.60 | 30-Jun-23 |
| 72 | Sumeet Industries Ltd. | INE235C01010 | NSE & BSE | EQ | B | ₹10.00 | 10-12-2010 | Apparel – Accessories | ₹44.57 | -14.85% | -45.12% | 16.0% | ₹7.40 | 20-Dec-22 | ₹2.00 | 06-Jul-23 | ||
| 73 | Sundaram Multi Pap Ltd. | INE108E01023 | NSE & BSE | EQ | B | ₹1.00 | 02-06-2010 | Paper & Paper Products | ₹132.69 | 1.4 | -3.45% | -112.88% | 46.1% | 8.9% | ₹3.70 | 21-Sep-23 | ₹1.95 | 29-Mar-23 |
| 74 | Ujaas Energy Limited | INE899L01022 | NSE & BSE | EQ | B | ₹1.00 | 20-10-2011 | Semiconductors | ₹45.07 | 1.18 | -23.73% | 46.58% | -11.36% | |||||
| 75 | Unitech Ltd. | INE694A01020 | NSE & BSE | BZ | Z | ₹2.00 | 08-09-1999 | Construction Services | ₹994.19 | 111.11% | -175.47% | ₹3.80 | 16-Nov-23 | ₹1.10 | 31-Mar-23 |
Many investors prefer low liquidity because it makes it more difficult to lose money on investments. On the exchanges, penny stocks have fewer tradable shares than other types of securities. Investors with a high risk tolerance like penny stocks to buy now because it provides large profits in a short period of time.
As a result, the majority of penny stocks to buy now investors do not have a long-term investment strategy. Aside from investors seeking short-term gains, traders avoid adding penny stocks to their long-term portfolios due to the market’s lack of liquidity. Investors frequently sell their shares in penny stocks when they discover a fundamental flaw, which is uncommon.
Conclusion
The vast majority of BSE and NSE penny stocks list are selected based on their average daily trading volume. Even though there is no benchmark volume to define active stocks, it is a list of stocks with the most active involvement from traders and investors. When there is market news, such as a profit report, dividend announcement, or a large number of outstanding shares, trading volume for these active companies is often high.