Top Penny Stocks Less Than 1 Rupee (Most Powerful Deals)
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Hello friends, welcome to our website, today we are going to tell you in this post about Penny Stocks Less Than 1 Rupee, which has achieved its status in the very popular share market, today we will give you all kinds of information related to it today we will answer all your questions. If we try to answer, then stay with us in this post, so now, with no delay, let’s start.
Penny Stocks Less Than 1 Rupee
Talking about the list of shares priced at less than ₹ 1, you will find a lot of shares in it. Penny Stocks Less Than 1 Rupee If you are looking for stocks below ₹ 1 in which you can invest, then you are on the right article.
Most retail investors think that if a stock is undervalued, it is cheap. But in reality, this is not the case. You have to look at many parameters before investing in stock such as the company’s business model, financial statements, debt, return on equity, management, etc.
But first I will tell you a List of Shares Price Below ₹12022 And finally, we will talk about whether you should invest in penny stocks or not.
Adani Wilmar Distributorship Cost 2023 (Most Powerful Share)
List of shares priced below ₹1
(1) CES Ltd.
This company is working in the computer software sector. Penny Stocks Less Than 1 Rupee The company’s market cap is ₹ 1.38 Cr. are of Also the company is a debt-free company.
CES Ltd. The stock price currently is ₹0.38. Presently the Director of the company is Mr. Aruna Krishna Sabbineni. The promoter’s holding of the company is 44.53%.
Positives
- The company is a debt-free company.
- The company has shown decent revenue growth of 19.45% in the last three years.
- High holdings of promoters in the company are seen at 74.84%.
- The company has good cash reserves.
Negatives –
There is a steady decline in the profit growth of the company.
(2) Jai Mata Glass Ltd.
This company is related to the glass sector. Penny Stocks Less Than 1 Rupee The value of the company on the basis of market cap is ₹ 4.90 Cr. Huh. The company’s share price is currently trading at ₹ 0.49 on BSE.
Mr. C M Marwah is the Managing Director of the company. The company’s products include Patterned Glass, K-Series, and Elegant Frosted Glass.
Positives
- The company is a debt-free company.
- The last five-year RoEs is 10.36% and Roces is 11.12%.
- The last financial year saw a tremendous jump in profits.
Negatives –
- The last 3-year revenue growth is -33.80%.
- ₹1.15 Cr on the company. Contingent liabilities of.
- There is a steady decline in the company’s net sales.
(3) Pazel International Ltd.
Our third share on the list with a stock price below ₹1 is Pazel International Ltd. Penny Stocks Less Than 1 Rupee These companies are involved in the activities related to food packing, cafe chain operation, and food catering.
The company’s market cap is ₹ 9.51 Cr. and currently the price of one share of the company is ₹ 0.54. Mr. Rishabh Ashwin Choksi is the Managing Director of Pagel International. The headquarters of the company is located in Mumbai.
Positives
- The company is a virtually debt-free company.
- The company has a cash conversion cycle of -109.49 days.
- Excellent liquidity.
Negatives –
- The RoE and RoCE of the company are very poor.
- The company’s EBITDA margin in the last 5 years has been -67.36%.
- The condition of the company in terms of sales is very bad.
(4) Ramchandra Leasing & Finance Ltd.
You will also get this penny stock for less than ₹ 1, whose current share price is ₹ 0.79. This company is an NBFC that does the work of Lease Business. The current market cap of this company is ₹ 4.04 Cr. Penny Stocks Less Than 1 Rupee Public participation in this company is 88.49%. These companies are working in a very competitive sector, due to which the financial condition of the company is very bad.
Positives
The company’s free cash flow is 0.04 per share.
Negatives –
- The profits of the company are continuously declining.
- Promoter’s participation was only 11.50%
(5) Shalimar Productions Ltd.
This company works in the field of film production, distribution, and entertainment. Penny Stocks Less Than 1 Rupee Mr. Pankaj Kumar Dave is currently the Director of this company.
The share price of Shalimar Production is currently running in the range of ₹ 1. The market capitalization of this company is ₹ 106.31 Cr. Huh. The company’s ROE is 0.06% and RoCE is 0.08%.
Positives
- The company has now become a debt-free company.
- Excellent liquidity can be seen in this company.
Negatives –
- Continuing decline in promoters’ holding.
- The sales of the company have been declining continuously in the last 4-5 years.
- Currently, the share price is trading at a high P/E ratio.
(6) Sword-Edge Commercials Ltd.
This company was established in 1985. Mr. Jyoti Shyam Khetal is the director of this company. Penny Stocks Less Than 1 Rupee This company deals in wholesale electrical machinery, equipment, and supplies.
The company’s stock price is currently trading in the range of ₹ 0.87. The total market capitalization of this company is ₹ 18.90 Cr. Huh. All the holdings of the company are with the public.
Positives
- The company has reduced its debt substantially.
- The liquidity position of this company is very good.
- Free cash flow per share of 1.15.
Negatives –
- The company currently has ₹ 13.75 Cr. Debt can be seen.
- The company’s ROE and RoCE are very poor.
(7) Solis Marketing Ltd.
Solis Marketing Ltd. is next on the list of best stock prices below ₹ 1. Mr. Arun Kumar Dey is the Whole Time Director and Compliance Officer of this company.
This company is engaged in import and export business is involved. Penny Stocks Less Than 1 Rupee Including automobile parts, ball, and roller bearings, beverages, all types of chemicals, glass, materials, textiles, readymade garments, timber products, other materials, and substances.
The total market cap of the company is ₹ 1.11 Cr. Huh. This means that the company is a very small company. The stock price of this company is currently running at ₹ 0.36.
Positives
Its current ratio and quick ratio show that the company has high liquidity.
Negatives –
- ₹ 2.37 Cr on the company. has debt.
- Profit growth for the last 3 years is -19.68%.
- The company is not generating a good return on invested equity.
- The promoters have a holding of only 6.2%.
(8) Hit Kit Global Solutions Ltd.
This company is an IT software company. Whose current stock price is running ₹ 0.78. Presently Mr. Kamal Agarwal is the CEO of this company.
HITKIT is primarily focusing on the agri-business value chain. Penny Stocks Less Than 1 Rupee To achieve this objective the company markets vegetables in the vegetable market. For this, the company directly contacts the farmers.
The market cap of this company is ₹ 2.89 Cr. Huh. The holding of 90.19% of this company is with the public.
Positives
The company is a virtually debt-free company.
Negatives –
- The company’s poor ROE and RoCE.
- High Debtors days 317.29.
- Loss Making Company.
(9) Gold Line International Finvest Ltd.
Gold Line is a finance lending company. Penny Stocks Less Than 1 Rupee The company’s core business is an investment in origin but as a strategy to go global, the company has launched financial advisory services in India and abroad to manage money market operations and treasury management. Along with this, the company also acts as an investment advisor.
The total market cap of the company is ₹ 26.57 Cr. The price of one share of which is currently running at ₹ 0.51.
Positives
- The company is continuously increasing its operating revenue.
- Stunning profit growth of 126.21% in the last year.
Negatives –
- Promoters holding of only 6.36%.
- The company’s poor ROE and RoCE.
- The company is trading at a high P/E ratio.
(10) Aplaya Creations Ltd.
The company provides performance and training solutions through online and training-based offline channels. Penny Stocks Less Than 1 Rupee The company also develops customized courses for Instructor-Led Training (ILT), Web-Based Training (WBT), and Computer Based Training (CBT).
The Managing Director of this company is Mr. Ramavtar Gupta. The company’s market cap is ₹ 5.75 Cr. Huh. The stock price of the company is currently running at ₹ 0.40. The public holding of 90.43% of the company is with the public.
Positives
- The company has shown decent revenue growth of 91.99% in the last 3 years.
- The company is virtually debt-free.
- The company has good cash conversion cycles.
Negatives –
- The company’s ROE and RoCE are very poor.
- Law Promoter Holding.
The company has shown tremendous sales growth in the last financial year. It will be important to see whether the company is able to maintain its sales or not.
(11) Sturdy Industries Ltd.
The name of this company also appears in the list of the cheapest stock priced below ₹ 1. The business of this company is mainly seen, then it manufactures products like cables, polymers, and aluminum. Penny Stocks Less Than 1 Rupee Mr. Ashok Kumar is the Chief Financial Officer and Additional Director of this company.
Based on market capitalization, the value of this company is ₹ 6.50 Cr. Huh. The stock price of this company is currently running at ₹ 0.43.
Promoters holding in this company is 24.54% out of which 76.15% shares are pledged.
Positives
The company’s operating leverage is quite strong, with average operating leverage of 9.48.
Negatives –
- The company has contingent liabilities of 23.27 crores.
- Both profit growth and sales growth are negative.
- The company’s ROE and RoCE are not good.
- The company is a loss-making company.
(12) Empower India Ltd.
Empower India Limited is engaged in power electronics, digital electronics, and computer hardware/software development business in India and internationally. Mr. Rajagopalan Iyengar is the Chief Financial Officer of the company.
The market cap of this company is ₹ 17.46 Cr. Huh. This share under Re 1 is currently trading at ₹ 0.15.
Promoters hold 15.02% of the company. There is no debt in the company but the financial condition is very bad. There are high chances of the company defaulting in the coming times.
(13) MPS Infotecnics Ltd.
This company was established in 1989 as an ERP software company. Presently the company provides IT solutions. Presently the CEO of this IT company is Mr. Piyush Kumar Agarwal.
The market cap of this company is ₹ 471.80 Cr. Huh. At present, the stock price of the company is hovering around ₹1. The company has over ₹ 24.05 Cr. is a debt burden.
The company’s sales growth, profit growth, ROE, and RoCE are very poor. All these parameters indicate the weak financial condition of the company.
The promoter holding of the company has been continuously declining which is currently 20.39% out of which 46.13% are pledged shares.
(14) Devhari Exports (India) Ltd.
The company was established on 11 October 1994. Presently, the company is engaged in the business of steel.
The total market cap of the company is ₹ 5.94 Cr. Huh. The stock price of this company is running around ₹ 0.80. The promoters of the company have reduced their holding to zero. full share now Holdings are with the public.
Positives
The company has made a significant reduction in its debt of 12.82 crores. Still ₹2.09 Cr on the company. debt exists.
Negatives –
- The company’s revenue has become almost zero in the last 2 years.
- The company’s ROE and RoCE are less than 1%.
- There is a liquidity crunch in the company.
(15) Quest Financial Services Ltd.
This company was established in 1980. The company provides financial services which include investment, advisory services etc. The Managing Director of this company is Mr. Prakash Kumar Jajodia.
The company’s market cap is ₹ 5.18 Cr. are of Presently the share price of the company is running at ₹ 0.42.
The promoters hold only 2.01% while the rest is with the public. In the last few years, the company has reduced its losses to a great extent. Also, the amount of liquidity in this company is quite good.
Should you buy 1 ₹ share?
Before knowing whether you should buy shares of ₹ 1 or not, you should know the following points –
Whichever 1 ₹ stock we have analyzed above, the financial condition of any company is not strong. Whether most of these companies will be able to survive in the coming time is a big question.
In all the above companies, there is a very little holding of the company with the promoters, which becomes one of the biggest reasons to stay away from them. Because if the promoters do not have faith in the company then how will the shareholders.
The sales figures and profits of the companies are negligible. So you tell me whether you would like to invest in such penny stocks. If you invest in that stock without any research and analysis after seeing the value of a share worth less than ₹ 1 and you do not take the right information about the company’s business model, company’s financials, then in the future that company will also bankrupt. It can happen and your whole money can be lost.
Also, the amount of liquidity in penny stocks is very less i.e. buying and selling of this type of stock are very less. Because of this even if you buy penny stock, then you may not be able to sell that share due to a lack of liquidity when you have to sell the stock.
So if asked in my opinion, I don’t like penny stocks at all. You should always invest in stocks with a good strong business model. In which you can make a good amount of wealth by investing for a long time. In penny stocks, there is very little scope for making money but the chances of losing money are high.
Why one should not buy shares priced below ₹1?
There are many reasons for this –
Big investors put big money in these penny stocks and take the share price up. When small retail investors buy at this high price, large investors sell their shares and start booking profits. Due to this retail investors are completely caught in this trap.
- Poor financial condition.
- Very little liquidity.
- Lots of chances for the company to default.
Conclusion – Penny Stocks Under ₹1
Your money will not grow very fast in fundamentally strong stocks but your money will definitely be safe. But shares priced below ₹ 1 which are very risky can also lose your entire money.
Friends, you must have understood that penny stocks are fundamentally very weak stocks that can completely drain your money. I would not say that you absolutely should not invest in any penny stock. But before investing in any stock, you should do proper research and analysis about it.
You should invest in that stock only when you feel everything about that company is right.
Some Questions Related
- Which is the cheapest share to buy?
Best Low Price Shares To Buy In 2022: Overview
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- 2) Yes Bank. Yes, Bank was founded in 2004 by Rana Kapoor and Ashok Kapoor. …
- 3) Vodafone Idea. …
- 4) UCO Bank. …
- 5) Bank of Maharashtra.
- Can a 17 year old invest in stocks?How old do you have to be to invest in stocks on your own? If you are under 18, you cannot own stocks, mutual funds, and other financial assets outright. As a minor, you can make investments only under the supervision of your parent (or an adult) through a custodial account.
- Is suzlon a good buy?Suzlon Energy Share Target 2022So Sikkim Energy Future is Very Good And Company is Also DEBT free In the Year 2021, So the Last 4 To 5 Day’s Stock Are in Upper Circuit and Dilon Energy Share Price is above 52weak High Level, And Stock Technical Indicator ARE positive. 12₹+, 13₹+, 14₹+, 20₹+ at The End Of The Year 2022.
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