Penny Stock List – Best Penny Stock List [Updated 2024]

The table below shows the Best Penny Stocks List based on the Highest Market Capitalization.

Content:

• Best Penny Stocks For Long-Term
• Best Penny Stocks In India
• Penny Stock List NSE
• Multibagger Penny Stocks For 2024
• Debt-Free Penny Stocks
• Introduction to Best Penny Stocks List
• Penny Stocks List – FAQ

Best Penny Stocks For Long-Term

The table below shows the Best Penny Stocks For Long Term based on 1 Year Return. 

Best Penny Stocks In India

The table below shows the Best Penny Stocks In India based on 1 Month Return.

Penny Stock List NSE

The table below shows the Penny Stock List NSE based on the highest day Volume.

Multibagger Penny Stocks For 2024

The table below shows Multibagger Penny Stocks For 2024 based on the PE Ratio. 

Debt-Free Penny Stocks

The table below shows Debt Free Penny Stocks based on the 6-month return. 

Disclaimer: This article is for educational purposes only. Investing in Penny Stocks is quite risky and it is not advisable to invest in penny stocks without complete knowledge and expertise.

Introduction to Best Penny Stocks List

Best Penny Stocks For Long Term – 1 Year Return

BITS Ltd 

The Market Cap of BITS Ltd is Rs. 34.35 crores. The stock’s monthly return is -20.17%. Its one-year return is 1300.00%. The stock is 51.43% away from its 52-week high.

BITS Ltd is an educational services provider in India, offering a diverse range of programs across multiple disciplines such as arts, commerce, science, and various technical fields. The company extends its educational reach through physical campuses and online platforms, ensuring accessibility and flexibility for students. BITS Ltd is also involved in corporate training, offering customized learning solutions to businesses across sectors, thereby supporting career advancement and skill development.

Blue Chip India Ltd

The Market Cap of Blue Chip India Ltd is Rs. 19.91 crores. The stock’s monthly return is 3.23%. Its one-year return is 983.33%. The stock is 10.77% away from its 52-week high.

Blue Chip India Ltd is a financial services company in India, primarily engaged in investment and wealth management. The firm specializes in managing portfolios of securities, including stocks, bonds, and mutual funds, tailored to the financial goals of individual and institutional clients. Blue Chip India Ltd is committed to providing strategic investment advice, aiming to maximize client returns through market analysis and risk management. The company’s services extend to financial planning and advisory, helping clients navigate complex investment landscapes.

Empower India Ltd

The Market Cap of Empower India Ltd is Rs. 325.86 crores. The stock’s monthly return is 17.51%. Its one-year return is 900.00%. The stock is 54.40% away from its 52-week high.

Empower India Ltd focuses on providing advanced technological and infrastructure solutions in India. The company specializes in energy management and sustainable infrastructure development, catering to both urban and rural sectors. Empower India Ltd aims to enhance the efficiency and reliability of energy distribution and usage through innovative projects involving renewable sources and smart grid technologies. Their commitment to sustainable development drives their efforts to implement impactful solutions that contribute to economic growth and environmental conservation.

Best Penny Stocks In India – 1 Month Return

Jyothi Infraventures Ltd

The Market Cap of Jyothi Infraventures Ltd is Rs. 2.31 crores. The stock’s monthly return is 139.16%. Its one-year return is 151.03%. The stock is 0% away from its 52-week high.

Jyothi Infraventures Ltd is an infrastructure development company in India, focusing on constructing and managing a variety of infrastructure projects. Specializing in both public and private sectors, the company engages in building roads, bridges, and urban infrastructure. Jyothi Infraventures Ltd is committed to sustainable development, integrating environmental considerations into its projects to minimize impact. With a strong emphasis on quality and reliability, the company aims to contribute significantly to the country’s infrastructure growth, enhancing connectivity and supporting economic development.

DSJ Keep Learning Ltd

The Market Cap of DSJ Keep Learning Ltd is Rs. 38.98 crores. The stock’s monthly return is 133.01%. Its one-year return is 53.16%. The stock is 17.37% away from its 52-week high.

DSJ Keep Learning Ltd is dedicated to fostering educational advancement across various disciplines. Based in India, the company offers a wide array of learning solutions including online courses, professional workshops, and corporate training programs. DSJ Keep Learning Ltd focuses on skill enhancement and personal growth, providing tools and resources for lifelong learning. Catering to individuals and businesses alike, the company supports career development through innovative and accessible educational content, aiming to bridge the gap between formal education and industry needs.

Suncity Synthetics Ltd

The Market Cap of Suncity Synthetics Ltd is Rs. 5.78 crores. The stock’s monthly return is 127.15%. Its one-year return is 184.63%. The stock is 0% away from its 52-week high.

Suncity Synthetics Ltd is an Indian company specializing in the manufacture of synthetic textiles. The company produces a diverse range of synthetic fibers used in clothing, home furnishings, and industrial applications. Suncity Synthetics Ltd is known for its innovation in fiber technology, delivering high-quality products that meet rigorous industry standards. Committed to sustainability, the company adopts eco-friendly practices and technologies to reduce its environmental footprint while maintaining product integrity and performance.

Penny Stock List NSE – Daily Volume

Vodafone Idea Ltd

The Market Cap of Vodafone Idea Ltd is Rs. 87,758.16 crores. The stock’s monthly return is -3.08%. Its one-year return is 87.94%. The stock is 38.87% away from its 52-week high.

Vodafone Idea Ltd is one of India’s leading telecom operators, providing a wide range of services including voice, data, and digital services across the country. The company is known for its extensive network coverage and innovative solutions aimed at enhancing user connectivity and experience. Vodafone Idea Ltd is committed to the digital transformation of India, offering mobile and broadband services to both rural and urban areas, and actively contributing to the development of smart cities and digital solutions that cater to the evolving needs of millions of customers.

Yes Bank Ltd

The Market Cap of Yes Bank Ltd is Rs. 76,476.65 crores. The stock’s monthly return is -7.87%. Its one-year return is 40.38%. The stock is 45.68% away from its 52-week high.

Yes Bank Ltd is a prominent banking institution in India, offering a comprehensive range of banking and financial services to both corporate and retail customers. The bank is known for its robust service delivery and customer-centric approach, providing innovative products in areas such as loans, deposits, credit cards, and wealth management. Yes Bank Ltd is focused on leveraging technology to enhance banking efficiency and accessibility, ensuring security and personalized banking experiences to foster long-term customer relationships and financial inclusivity.

RattanIndia Power Ltd

The Market Cap of RattanIndia Power Ltd is Rs. 4,913.65 crores. The stock’s monthly return is 33.33%. Its one-year return is 263.49%. The stock is 7.42% away from its 52-week high.

RattanIndia Power Ltd specializes in generating and distributing electricity in India. The company operates both thermal and renewable energy plants, aiming to meet the growing energy demands of the country. RattanIndia Power Ltd is dedicated to enhancing India’s power infrastructure, with a focus on sustainability by increasing its investment in renewable energy sources. This commitment not only supports the national grid but also aligns with global environmental goals to reduce carbon emissions, making it a key player in India’s journey towards sustainable energy solutions.

Debt-Free Penny Stocks – 6 Month Return

Royal India Corporation Ltd

The Market Cap of Royal India Corporation Ltd is Rs. 38.87 crores. The stock’s monthly return is 44.86%. Its one-year return is 335.62%. The stock is 0% away from its 52-week high.

Royal India Corporation Ltd specializes in investment and financial services within India, focusing on wealth management and asset accumulation for individual and corporate clients. The company provides innovative financial products and strategic investment advice tailored to meet diverse investment goals. Royal India Corporation Ltd is dedicated to achieving high returns and capital growth through careful market analysis and investment diversification, helping clients to navigate the complexities of financial markets and secure their financial future.

Aerpace Industries Ltd

The Market Cap of Aerpace Industries Ltd is Rs. 230.84 crores. The stock’s monthly return is 28.72%. Its one-year return is 581.73%. The stock is 0% away from its 52-week high.

Aerpace Industries Ltd is at the forefront of the aerospace and defense industry in India, engaged in the manufacture and supply of critical aerospace components. The company supports both domestic and international aerospace programs, providing innovative solutions that enhance aircraft performance and safety. Aerpace Industries Ltd is committed to technological advancement and precision engineering, ensuring high-quality standards and reliability in all its products, which are crucial to the demanding and technically complex field of aerospace manufacturing.

TPI India Ltd

The Market Cap of TPI India Ltd is Rs. 81.89 crores. The stock’s monthly return is -4.71%. Its one-year return is 343.90%. The stock is 18.02% away from its 52-week high.

TPI India Ltd manufactures and supplies various industrial products, focusing on plastics and composite materials used across multiple sectors, including automotive, construction, and consumer goods. The company prides itself on innovation and quality assurance, developing materials that offer enhanced performance and durability. TPI India Ltd is committed to environmental sustainability, continually improving its production processes to reduce waste and energy consumption, thereby contributing to a greener manufacturing cycle and promoting sustainable industrial practices.

Multibagger Penny Stocks For 2024 – PE Ratio

Surbhi Industries Ltd

The Market Cap of Surbhi Industries Ltd is Rs. 1.52 crores. The stock’s monthly return is 4.99%. Its one-year return is 94.71%. The stock is 0% away from its 52-week high.

Surbhi Industries Ltd operates in the chemical sector in India, specializing in the production and supply of industrial chemicals used in various manufacturing processes. The company focuses on delivering high-quality chemical products that cater to the needs of industries such as textiles, pharmaceuticals, and agriculture. Surbhi Industries Ltd is committed to sustainable practices, employing environmentally friendly technologies and methods to minimize pollution and ensure safety. The company aims to expand its market reach by continuously enhancing product quality and customer service.

Shekhawati Poly-Yarn Ltd

The Market Cap of Shekhawati Poly-Yarn Ltd is Rs. 93.07 crores. The stock’s monthly return is 13.21%. Its one-year return is 445.45%. The stock is 0% away from its 52-week high.

Shekhawati Poly-Yarn Ltd is an established player in the textile industry, focusing on the production of synthetic yarns and threads. Based in India, the company caters to both domestic and international markets, providing materials essential for apparel, home furnishings, and industrial applications. Shekhawati Poly-Yarn Ltd is known for its commitment to quality and innovation, employing advanced technology to produce durable and versatile yarns that meet the evolving demands of the textile industry. The company aims to maintain its competitive edge by enhancing efficiency and embracing new market trends.

Reliance Home Finance Ltd

The Market Cap of Reliance Home Finance Ltd is Rs. 208.58 crores. The stock’s monthly return is 20.31%. Its one-year return is 28.33%. The stock is 50.65% away from its 52-week high.

Reliance Home Finance Ltd is a significant entity in the financial services sector in India, specializing in housing finance and property loans. The company offers a variety of products, including home loans, loans against property, and construction finance, aimed at facilitating homeownership and real estate development. Reliance Home Finance Ltd prides itself on providing transparent and flexible financial solutions, ensuring customer satisfaction through personalized service and reliable financial advice. The company’s focus on integrity and trust has established it as a preferred choice for real estate financing.

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Penny Stocks List – FAQ

Which are the Best Penny Stocks In India?

Best Penny Stocks In India  #1: Vodafone Idea Ltd
Best Penny Stocks In India  #2: Yes Bank Ltd
Best Penny Stocks In India  #3: Jaiprakash Power Ventures Ltd
Best Penny Stocks In India  #4: Jaiprakash Associates Ltd
Best Penny Stocks In India  #5: RattanIndia Power Ltd

The stocks mentioned are ranked according to their market capitalization.

What is Penny Stocks?

In India, penny stocks refer to shares of small public companies traded at very low prices, typically under Rs 10. These stocks are known for their high volatility and are considered speculative due to their low market capitalization, limited liquidity, and less regulatory oversight. They attract investors looking for high-risk, high-reward opportunities.

What are the Top Penny Stocks?

Based on the one-year return, the top five Penny Stocks are Jagjanani Textiles Ltd, Svaraj Trading and Agencies Ltd, Meyer Apparel Ltd, Ecs Biztech Ltd, and Palm Jewels Limited.

Is it good to invest in Penny Stocks?

Investing in penny stocks in India can offer high returns but comes with high risks due to their volatility, lower liquidity, and less regulatory oversight. It’s suitable for investors with a high-risk tolerance and can afford potential losses. Thorough research and a cautious approach are recommended.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.