Penny stocks are the stocks that are traded at a low price, usually under Rupees 50. These stocks have low market capitalization and are usually illiquid. These are the lesser-known stocks to the larger public out there. Usually, these are less preferred by investors due to the limited information about the fundamentals, and businesses are unreliable or unavailable. But the Best Penny stocks for 2023 in India are popularly known for generating multi-bagger stock, i.e. returns within a few trade sessions.
Best Penny stocks for 2023 in India
List of Best Penny stocks for 2023 in India
Here is everything you need to know about the companies mentioned in the list.
1. Alok Industries Ltd — Top Penny Stocks in India
2. DISH TV INDIA LTD
3. MOREPEN LABORATORIES LTD
4. GMR INFRASTRUCTURE LTD
5. HFCL (Himachal Futuristic Communications Limited)
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