Indian Penny Stocks With Good Fundamentals

Indian Penny Stocks With Good Fundamentals

Indian Penny Stocks With Good Fundamentals.

Penny Stocks are stocks which trade at a very low price and have a low market capitalization.

In India, typically the penny stocks trade at Rs 0.05 to Rs 10 per share.

These are ultra micro-cap companies with a market capitalization of less than Rs. 50 crore.

However, investors consider themselves lucky if the penny stocks they picked made them super rich.

Striker Stock Research is the Best Stock Advisory Company in India to analyze  Indian Penny Stocks with good fundamentals.

Indian Penny Stocks With Good Fundamentals

However, while choosing a really valuable stock, an investor will look at a company’s good fundamentals and its earnings potential. Best Digital Marketing Course in Indore.

Striker Stock Research has analyzed penny stocks which became multi-baggers in the last ten years.

Our analysts screened BSE universe stocks which were trading below Rs 10 per share a decade ago which now have become Rs 100. Indian Penny Stocks With Good Fundamentals.

In order to make our search even more interesting, we considered stocks which entered the Rs 2000 market cap club last week.

About 15 stocks met the above two criteria. Indian Penny Stocks With Good Fundamentals.

Further, in addition to examining stock price movement, we also dig into the fundamentals of these companies.

For this purpose, we used two filters –

  • Firstly, the return on equity (RoE). Indian Penny Stocks With Good Fundamentals.
  • Secondly, the return on capital employed (RoCE). Indian Penny Stocks With Good Fundamentals.

Both of which soared over 20 percent in each financial year over the last decade.

Advantages of investing in penny stocks

Generally, penny stocks are not common among the investing public at large.

However, regular investors avoid investing in such stocks due to fear of lack of fundamentals.

Institutional investors also stay away from such stocks because of the low market capitalization.

However, this is the point where advantage arises to an investor who is prepared to do proper homework into the fundamentals of the penny stock.

Indian Penny Stocks With Good Fundamentals.

Leave a Reply

Your email address will not be published. Required fields are marked *