Best-Performing Penny Stocks Under Rs 1 In India
Introduction
One of the biggest draws of penny stocks is their low entry cost. They are available at an extremely cost-effective price point, making them an exciting investment proposition for those who may not have a huge investible surplus. This blog covers the top penny stocks available under Rs 1 that you can consider adding to your portfolio.
Best Penny Stocks Under Rs 1
Some of the best penny stocks available under Rs 1 which you can consider investing in are as follows:
1. Excel Realty N Infra Ltd
Excel Realty N Infra Limited was incorporated in 2003. The company is primarily engaged in business process outsourcing (BPO) and information technology (IT) enabled businesses and, as of 19 April 2024, has a market cap of Rs 75 crores. The one-year trailing return from the company’s stock stood at 11.11%.
2. NCL Research and Financial Services Limited
NCL Research and Financial Services Limited is a non-banking financial company (NBFC). Its major operations include financing and investing in securities, shares, and commodities. The company also provides financial services to corporates, non-corporates, and small and medium businesses (SMEs). As of 19 April 2024, the company’s market cap stood at Rs 77 crores, and the one-year trailing returns of stocks stood at a whopping 71.43%.
3. Yamini Investments Company Ltd
Yamini Investments Company Ltd primarily deals with loans, investments, and advances. As of 19 April 2024, the company’s market cap stood at Rs 49 crores. The company’s stock has delivered an impressive one-year trailing returns, which stood at 34.29%.
4. ARC Finance Ltd
ARC Finance Ltd offers loan services and investments in securities. The company has a diversified business and provides secure and unsecured loans to individuals and corporations. As of 19 April 2024, its market cap stood at Rs 45 crores, and the one-year trailing returns from its stock stood at 36.92%.
5. Sun Retail
Sun Retail primarily deals in refined edible oils. Its products include sunflower, cottonseed, and groundnut oil, among others. As of 19th April 2024, the company’s market cap stood at Rs 11 crores. The one-year trailing returns from the company’s stock stood at 9.38%.
6. Johnson Pharmacare Ltd
Johnson Pharmacare Ltd is engaged in the business of antibiotics, drugs, vaccines, pharmaceuticals, and dietary supplement products, among others. As of 19 April 2024, the company’s market cap stood at Rs 43 crores. The one-year trailing returns from the company’s stock stood at 41.07%.
7. ACI Infocom Ltd
ACI Infocom Limited is in the construction and IT business. It majorly focuses on the opportunities available in the real estate sector and targets projects in the residential and commercial sectors. As of 19 April 2024, the company’s market cap stood at Rs 22 crores. The one-year trailing returns of the company’s stocks stood at a whopping 128.74%.
8. GTL Infrastructure Limited
GTL Infrastructure Limited is a popular name in passive infrastructure sharing. The company offers telecom towers and has several thousands of these towers across telecom circles. As of 19 April 2024, the company’s market cap stood at Rs 2241 crores. The one-year trailing returns of the company’s stock stood at an impressive 118.75%.
9. Rollatainers
Rollatainers is also in the food business segment, offering integrated packaging solutions via retail chains. It produces various cartons and manufactures and installs packaging machines in India and across the globe. As of 19 April 2024, the company’s market cap stood at Rs 59 crores, and the one-year trailing returns of its stock stood at 90.91%.
10. Greencrest Financial Services Ltd
Greencrest Financial Services Ltd is an NBFC that’s into finance and investment. The company offers various activities related to capital markets, including investing in various bonds, commodities, fixed deposits, etc. As of 19th April 2024, the company’s market cap stood at Rs 39 crores, and the one-year trailing returns from the company’s stock stood at 36.71%.
In Conclusion
While investing in the penny stocks mentioned above can help you grow your wealth, it’s essential to be aware of the associated volatility and risks. Note that penny stocks can experience wild price fluctuations. Also, they are less liquid compared to large-cap and mid-cap stocks. Hence, you need to invest with caution.
Trending Blogs: Invest in Small Cap & Mid Cap Mutual Fund & Stocks | US FED’s rate cut announcements | Companies affected by Rise in Crude Oil Price | Fall in IT Stocks | Launch of 4 New Indices | Revised Lot Size of Nifty Contracts | RBI Monetary Policy Committee Meet 2024 | ITC Share Surge After BATs Block Deal | Impact of RBI Circular on Currency Trading
Related Articles: Understanding Penny Stocks In India | Difference Between Blue Chip & Penny Stocks
Popular Stocks: ICICI Bank Share Price | HDFC Bank Share Price | CDSL Share Price | UPL Share Price | TCS Share Price | BHEL Share Price | Trident Share Price | IRFC Share Price | Adani Power Share Price
