Best Penny Stocks For 2018 in India.
Penny stocks are the stocks that trade at a very low price.
They generally have very low market capitalization. Best Penny Stocks For 2018 in India.
Also, they are mostly illiquid and are usually listed on a smaller exchange.
However, in the Indian Market penny stocks plays below Rs 10.
These stocks are very speculative in nature and are highly risky. Best Penny Stocks For 2018 in India.
The reason is the lack of liquidity, a smaller number of shareholders, large bid-ask spreads and limited disclosure of information. Best Digital Marketing Course in Indore.
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Best Penny Stocks For 2018 in India
Let’s have a look at some of the Multibagger penny stocks which have created wealth for investors:
If an investor is lucky and is able to find the proper stock, these stocks can become multi-baggers.
Further, the investor can make enormous wealth from these stocks.
In fact, some of the penny stocks like Gayatri Sugars, NetVista Ventures Ltd, KM Sugar Mills Ltd, Sybly Industries Ltd etc have given more than 300 stocks. Best Penny Stocks For 2018 in India.
Up to 33 penny stocks have given a return ranging from 100% to 300%.
So, the investors desiring to invest in such stocks must do so with the following rules in mind.
The rules below ensures that in the worst case also the investor will not be badly affected:
- Firstly, invest only petty amounts.
- Secondly, diversify widely. Along with this, have a basket of penny stocks.
- Further, monitor the performance regularly
Ensure that you only invest a small amount of the portfolio in such stocks, not exceeding 10% of the portfolio.
However, it is always good to treat penny stocks as a basket and spread the investment and risk across four or five stocks. Best Penny Stocks For 2018 in India.
Penny stocks are not among the stocks you can buy and forget. Best Penny Stocks For 2018 in India.
By their very nature, you need to watch them carefully. Best Penny Stocks For 2018 in India.
At the slightest sign of trouble with regard to the fundamentals, the investor should be ready to sell his stocks. Best Penny Stocks For 2018 in India.