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 2023 India in this topic which also covers penny stocks to buy today India for 2023.
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 2023
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 2023 as follows.
| Name Of Company | Exchange | Sector | FV | Market Cap (Cr) | EPS | P/E Ratio | Intrinsic Value | Book Value | 1-Yr Return | 3-Yrs Return | 5-Yrs Return | 10-Yrs Return | 52 Week High | 52 Week Low | 1-Yr Dividend | 3-Yrs Dividend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sanwaria Consumer Limited | NSE & BSE | Packaged Foods | ₹1.00 | ₹51.53 | 2.65 | 0.26 | -54.84 | -₹7.79 | -54.84% | -61.11% | -26.21% | -21.2% | ₹1.65 | ₹0.55 | 0 | 0 |
| Prakash Steelage Limited | NSE & BSE | Construction & Engineering | ₹1.00 | ₹39.38 | 2.99 | 7.35 | 309.09 | -₹12.44 | 309.09% | 41.16% | 6.4% | -15.45% | ₹2.60 | ₹0.55 | 0 | 0 |
| Super Tannery Limited | BSE | Other Apparels & Accessories | ₹1.00 | ₹52.69 | 0.54 | 9.1 | ₹5.70% | ₹7.57 | 92.13% | 13.47% | 1.54% | 7.95% | 11.34% | 3.78% | ||
| Bhandari Hosiery Exports Limited | NSE & BSE | Other Apparels & Accessories | ₹1.00 | ₹54.95 | 0.36 | 10.49 | ₹4.66% | ₹5.15 | 240.91% | 26.56% | 8.1% | 3.77% | ₹4.65 | ₹1.05 | 8.98% | 4.75% |
| Eastern Silk Industries Limited | NSE & BSE | Textiles | ₹2.00 | ₹43.42 | 0.51 | 10.8 | 400 | -₹1.05 | 400% | 23.08% | 17.08% | -0.18% | ₹5.80 | ₹0.90 | 0 | 0 |
| Inventure Growth & Securities Limited | NSE & BSE | Other Financial Services | ₹10.00 | ₹214.20 | 0.21 | 11.91 | ₹4.38% | ₹2.20 | 46.55% | 22.12% | 7.21% | -4.57% | ₹4.70 | ₹1.42 | 0 | -19.02% |
| Capital Trade Links Limited | BSE | Finance (including NBFCs) | ₹1.00 | ₹35.02 | 0.29 | 22.03 | ₹4.07% | ₹3.68 | -0.68% | 23.58% | -36.4% | 0 | 0 | |||
| Jaiprakash Power Ventures Limited | NSE & BSE | Electric Utilities | ₹10.00 | ₹3,735.14 | 0.36 | 24.03 | ₹5.24% | ₹9.49 | 136.96% | 39.68% | 4.14% | -17.44% | ₹6.85 | ₹2.20 | 0 | 0 |
| Sambhaav Media Limited | NSE & BSE | Publishing | ₹1.00 | ₹55.42 | 0.12 | 24.85 | ₹2.45% | ₹4.46 | 61.11% | -16.88% | -15.04% | 9.32% | ₹4.65 | ₹1.45 | 0 | 0 |
| Gcm Securities Limited | BSE | Other Financial Services | ₹1.00 | ₹50.53 | 0.09 | 28.07 | ₹0.69% | ₹0.62 | -75.6% | 0 | 0 | |||||
| Swasti Vinayaka Synthetics Limited | BSE | Comm.Trading & Distribution | ₹1.00 | ₹53.46 | 0.19 | 30.72 | ₹2.49% | ₹1.65 | 80% | 33.98% | 24.2% | 12.25% | 0 | 10.19% | ||
| Smiths & Founders (India) Limited | BSE | Other Industrial Products | ₹1.00 | ₹43.25 | 0.11 | 38.96 | ₹0.72% | ₹0.35 | 514.49% | 78.94% | -11.55% | 30.32% | 0 | 0 | ||
| Kesar Petroproducts Limited | BSE | Commodity Chemicals | ₹1.00 | ₹54.52 | 0.1 | 48.68 | ₹3.64% | ₹9.13 | 35.9% | -25.7% | -34.28% | 0 | 0 | |||
| Pmc Fincorp Limited | BSE | Finance (including NBFCs) | ₹1.00 | ₹94.18 | 0.03 | 53.21 | ₹0.63% | ₹1.41 | 478.12% | 61.4% | 24.44% | 0 | 0 | |||
| Facor Alloys Limited | BSE | Iron & Steel/Interm.Products | ₹1.00 | ₹88.58 | 0.09 | 66.89 | ₹4.17% | ₹7.90 | 268.29% | 31.55% | 24.08% | 3.03% | 0 | 0 | ||
| Baroda Extrusion Limited | BSE | Copper | ₹1.00 | ₹47.84 | 0.05 | 68.34 | 744.74 | -₹2.44 | 744.74% | 115.67% | 72.53% | 5.67% | 0 | 0 | ||
| Isf Limited | BSE | Finance (including NBFCs) | ₹1.00 | ₹40.28 | 0.05 | 83.92 | ₹1.28% | ₹1.43 | 324% | 127.52% | 58.79% | 23.35% | 0 | 0 | ||
| Filatex Fashions Limited | BSE | Textiles | ₹5.00 | ₹41.24 | 0.04 | 95.91 | ₹2.00% | ₹7.03 | 88.5% | 19.13% | -6.62% | -3.35% | 0 | 0 | ||
| Gyscoal Alloys Limited | NSE & BSE | Iron & Steel/Interm.Products | ₹1.00 | ₹37.19 | 1.07 | -14.55 | -₹3.17 | -14.55% | -35.48% | -27.46% | -0.54% | ₹3.70 | ₹1.90 | 0 | 0 | |
| Madhav Infra Projects Limited | BSE | Construction & Engineering | ₹1.00 | ₹104.80 | 0 | -16.87 | ₹5.06 | -16.87% | 0 | 0 | ||||||
| Shree Global Tradefin Limited | BSE | Finance (including NBFCs) | ₹1.00 | ₹316.76 | 0 | 71.72 | ₹2.57 | 71.72% | 23.25% | -5.53% | -26.49% | 0 | 0 | |||
| Alka India Limited | BSE | Textiles | ₹1.00 | ₹42.50 | -0.01 | 347.37 | ₹0.35 | 347.37% | 64.77% | 34.94% | 15.01% | 0 | 0 | |||
| Ncl Research & Financial Services Limited | BSE | Other Financial Services | ₹2.00 | ₹41.16 | -0.01 | 1389.47 | ₹4.26 | 1389.47% | 59.31% | -12.25% | 0 | 0 | ||||
| Vegetable Products Limited | BSE | Edible Oils | ₹1.00 | ₹45.97 | -0.01 | 94.91 | ₹5.82 | 94.91% | -8.41% | 0.14% | 0 | 0 | ||||
| Visesh Infotecnics Limited | NSE | Communications Services | ₹1.00 | ₹75.49 | -0.01 | ₹1.17 | 58.74% | 12.7% | -2.96% | 0 | 0 | |||||
| Lloyds Steels Industries Limited | NSE & BSE | Industrial Machinery | ₹1.00 | ₹404.41 | -0.01 | 542.86 | ₹1.26 | 542.86% | 49.38% | 32.55% | ₹4.70 | ₹0.65 | 0 | 0 | ||
| Sun Techno Overseas Limited | BSE | Comm.Trading & Distribution | ₹1.00 | ₹46.99 | -0.02 | 260 | ₹0.83 | 260% | 55.9% | 19.14% | 9.15% | 0 | ||||
| Gv Films Limited | BSE | Movies & Entertainment | ₹1.00 | ₹74.08 | -0.03 | 189.29 | ₹0.25 | 189.29% | 7.61% | 1.55% | 2.71% | 0 | 0 | |||
| Goenka Diamond and Jewels Limited | NSE & BSE | Other Apparels & Accessories | ₹1.00 | ₹36.46 | -0.05 | 91.67 | ₹7.69 | 91.67% | 56.5% | 6.74% | -11.24% | ₹2.40 | ₹0.55 | 0 | 0 | |
| Nila Spaces Limited | NSE & BSE | Realty | ₹1.00 | ₹72.87 | -0.07 | 60.87 | ₹3.00 | 60.87% | ₹2.80 | ₹1.00 | 0 | 0 | ||||
| FCS Software Solutions Limited | NSE & BSE | IT Consulting & Software | ₹1.00 | ₹264.98 | -0.08 | 287.5 | ₹1.75 | 287.5% | 97.89% | 34.66% | 9.96% | ₹2.50 | ₹0.35 | 0 | 0 | |
| Stampede Capital Limited | NSE & BSE | Financial Services | ₹114.79 | -0.08 | 50 | ₹0.07 | 50% | -18.29% | -48.23% | -15.2% | 0 | 0 | ||||
| Indian Infotech & Software Limited | BSE | IT Software Products | ₹1.00 | ₹169.94 | -0.09 | 789.47 | ₹2.28 | 789.47% | 107.19% | 49.02% | -0.95% | 0 | 0 | |||
| Spacenet Enterprises India Limited | NSE | Marketing & Broadcasting | ₹1.00 | ₹33.21 | -0.09 | 90.91 | -₹0.23 | 90.91% | 47.83% | 0 | 0 | |||||
| Sundaram Multi Pap Limited | NSE & BSE | Comm.Printing/Stationery | ₹1.00 | ₹94.78 | -0.17 | 81.82 | ₹1.92 | 81.82% | -5.9% | -15.89% | -18.03% | ₹2.70 | ₹1.05 | 0 | 0 | |
| Opto Circuits (India) Limited | NSE & BSE | Medical Equipment | ₹10.00 | ₹97.70 | -0.18 | -26.14 | ₹1.21 | -26.14% | -32.14% | -23.18% | -33.35% | ₹7.80 | ₹2.80 | 0 | 0 | |
| Shrenik Limited | NSE | Paper & Paper Products | ₹1.00 | ₹119.34 | -0.19 | -79.03 | ₹1.05 | -79.03% | -49.08% | ₹10.30 | ₹1.40 | 0 | 12.29% | |||
| Shreyas Intermediates Limited | BSE | Commodity Chemicals | ₹10.00 | ₹39.68 | -0.22 | 13.82 | ₹3.17 | 13.82% | 14.81% | 12.41% | -0.88% | 0 | 0 | |||
| Indosolar Limited | NSE & BSE | Other Elect.Equip./ Prod. | ₹10.00 | ₹109.76 | -0.22 | 168.18 | -₹26.48 | 168.18% | 1.16% | -16.46% | -10.2% | ₹4.25 | ₹1.05 | 0 | 0 | |
| Vikas EcoTech Limited | NSE & BSE | Specialty Chemicals | ₹1.00 | ₹135.19 | -0.22 | -38.95 | ₹2.71 | -38.95% | -39.56% | -27.85% | -2.87% | ₹4.60 | ₹1.15 | 0 | 3.11% | |
| B.A.G Films and Media Limited | NSE & BSE | Broadcasting & Cable TV | ₹2.00 | ₹63.33 | -0.3 | 25.49 | ₹6.71 | 25.49% | -13.82% | -10.72% | -5.13% | ₹4.30 | ₹1.90 | 0 | 0 | |
| Rollatainers Limited | NSE & BSE | Containers & Packaging | ₹1.00 | ₹76.29 | -0.35 | 32.61 | ₹2.18 | 32.61% | -2.09% | -29.73% | -7.76% | ₹5.00 | ₹1.95 | 0 | 0 | |
| Orient Green Power Company Limited | NSE & BSE | Electric Utilities | ₹10.00 | ₹352.84 | -0.56 | 161.11 | ₹6.08 | 161.11% | -8.32% | -13.67% | -10.9% | ₹4.90 | ₹1.70 | 0 | 0 | |
| Himachal Fibres Limited | BSE | Textiles | ₹1.00 | ₹41.66 | -0.72 | 245 | ₹3.00 | 245% | 4.94% | -23.51% | 12.4% | 0 | 0 | |||
| JMT Auto Limited | NSE & BSE | Auto Parts & Equipment | ₹1.00 | ₹158.71 | -1.01 | 16.67 | ₹2.01 | 16.67% | 5.93% | -34.64% | 7.35% | ₹3.85 | ₹2.20 | 0 | 0 | |
| GTL Infrastructure Limited | NSE & BSE | Telecom Equipment | ₹10.00 | ₹2,144.06 | -1.03 | 183.33 | -₹1.35 | 183.33% | 15.62% | -21.9% | -16.49% | ₹4.05 | ₹0.45 | 0 | 0 | |
| Transgene Biotek Limited | BSE | Healthcare Services | ₹10.00 | ₹33.04 | -1.37 | 3.81 | ₹2.94 | 3.81% | 6.69% | 12.68% | -20.34% | 0 | 0 | |||
| Ujaas Energy Limited | NSE & BSE | Heavy Electrical Equipment | ₹1.00 | ₹66.10 | -1.63 | -12 | ₹8.87 | -12% | -28.29% | -32.73% | -20.28% | ₹4.95 | ₹2.30 | 0 | 0 | |
| Punj Lloyd Limited | NSE & BSE | Construction & Engineering | ₹2.00 | ₹62.09 | -2.05 | 27.59 | -₹60.52 | 27.59% | -41.52% | -39.59% | -28.68% | ₹2.80 | ₹1.20 | 0 | 0 | |
| Kridhan Infra Limited | NSE & BSE | Construction & Engineering | ₹2.00 | ₹48.81 | -2.48 | 71.67 | ₹10.66 | 71.67% | -52.56% | -39.4% | -6.64% | ₹7.85 | ₹2.25 | 0 | 0 | |
| RattanIndia Power Limited | NSE & BSE | Electric Utilities | ₹10.00 | ₹2,362.85 | -2.54 | 131.58 | -₹0.04 | 131.58% | 10.63% | -13.14% | -8.88% | ₹9.70 | ₹1.85 | 0 | 0 | |
| Siti Networks Limited | NSE & BSE | Broadcasting & Cable TV | ₹1.00 | ₹209.29 | -2.87 | 140 | -₹2.81 | 140% | -37.11% | -41.05% | -12.03% | ₹2.70 | ₹0.40 | 0 | 0 | |
| Next Mediaworks Limited | NSE & BSE | Publishing | ₹10.00 | ₹39.13 | -3.03 | 31.46 | -₹5.18 | 31.46% | -29.01% | -19.95% | 2% | ₹7.45 | ₹3.50 | 0 | 0 | |
| PVP Ventures Limited | NSE | Real Estate Operations | ₹10.00 | ₹143.35 | -3.18 | ₹0.17 | 17.57% | 6.35% | 2.1% | ₹9.25 | ₹4.20 | 0 | 0 | |||
| Kushal Limited | BSE | Comm.Trading & Distribution | ₹2.00 | ₹97.28 | -3.77 | 18.73 | ₹45.70 | 18.73% | -52.03% | -51.73% | 0 | 0 | ||||
| A2Z Infra Engineering Limited | NSE & BSE | Utilities:Non-Elec. | ₹10.00 | ₹81.90 | -4.05 | 27.4 | ₹18.92 | 27.4% | -26.27% | -34.36% | -30.74% | ₹6.55 | ₹3.45 | 0 | 0 | |
| Ankit Metal & Power Limited | NSE & BSE | Iron & Steel/Interm.Products | ₹10.00 | ₹40.92 | -5.37 | 241.18 | -₹52.03 | 241.18% | 79.67% | 3.86% | -16.21% | ₹2.80 | ₹0.75 | 0 | 0 | |
| Nitin Fire Protection Industries Limited | NSE & BSE | Industrial Machinery | ₹2.00 | ₹36.53 | -5.72 | 108.33 | ₹11.78 | 108.33% | -17.17% | -45.56% | -26.66% | ₹2.60 | ₹0.30 | 0 | 0 | |
| Sintex Plastics Technology Limited | NSE & BSE | Comm.Trading & Distribution | ₹1.00 | ₹349.88 | -5.83 | 150 | ₹12.90 | 150% | -42.48% | ₹7.30 | ₹1.90 | 0 | 0 | |||
| Unitech Limited | NSE & BSE | Realty | ₹2.00 | ₹484.02 | -5.97 | 37.04 | ₹17.63 | 37.04% | -5.61% | -20.15% | -23.5% | ₹3.65 | ₹1.30 | 0 | 0 |
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.