“Penny Stocks Share Prices between Rs 1 to Rs 10” – Must know It……!
Do you know what Penny Stocks is?
Penny stocks means stocks that are traded at a very low price and have a very low market capitalization that is illiquid and is listed on smaller exchanges.
Penny Stocks in the Indian Stock Market have a price range of Rs 1 to Rs 10.
In this article, we will talk about “Penny Stocks Share Prices between Rs 1 to Rs 10”.
We will see the list of the companies that are traded in the NSE exchange price bounds from Rs 1 to Rs 10.
These stocks are very speculative in nature and are also considered highly risky as it has lack liquidity, a smaller number of shareholders, large bid-ask spreads and the limited number of disclosure regarding the information.
You need to observe the things before investing in penny stocks like:
- Look at the value rather than the share price
- Observe the upper and lower circuits
- Low volumes indicate lower liquidity
- Brokers or promoters can manipulate the share price
- Ignore the stories of the success regarding in the penny stocks
Read More: Is Intraday Trading Profitable?
So, now let us see the list of the companies of the penny stocks:
List of RS 1 to RS 10 Penny Stocks traded on the National Stock Exchange (NSE)
|Sr. No||Companies||Share Price (RS)||Volumes (000)|
|8.||SINTEX PLASTICS TECG||0.85||989|
|14.||RELAINCE HOME FINANCE LTD||0.80||519.7|
|16.||SOUTH IND. BANK||5.85||449.8|
|19.||CG POWER & INDUSTRIAL||7.20||400.4|
|20.||SHREE RENUKA SUGARS||5.90||388.2|
|22.||3I INFOTECH LTD.||1.30||330|
So this was about our article on “Penny Stocks Share Prices between Rs 1 to Rs 10” as this also explains the concept of the penny stocks and about the companies list that is trading in the penny stocks. The risk associated with these stocks is usually high and one should make the proper analysis before the investment in them. Trading Fuel is the leading blogging site that provides learners with knowledge about the stock market a little more than what they already know. We try to make it easy and simple to understand everything for you. You can also read the previous blogs that have been posted before. Till then, Read more and practice more and stay updated with the market.