10 Penny stocks less than Rs 10

Penny stocks from market and stock picks recommendation from Indian Share Market

Here I am presenting few penny stocks from Indian Share Market which has contributed considerably to the profits of investors.

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Why Penny Stocks?

Investing in penny stocks is highly risky. As the value of the shares are around one to two rupees only, some shares may vanish overnight from the market. The attraction is, they are very low priced , can buy in huge quantities, and the growth could be multiple fold unlike midcaps and largecaps which move in a snail pace. Hence the risk factor is very high. Even-though it is one's own hard earned money, those with a risk appetite can only win in the share market. Those who invested might have experienced that some penny-stocks shares may get delisted, suspended or vanish.
I have carefully picked 10 shares which has never given above problems till now.


1. Marsons   

            

 

BSE: 517467 | NSE: | ISIN: INE415B01036 | SECTOR: ELECTRIC EQUIPMENT 

Marsons is a leading Transformer manufacturer in India and the share price moved in the range Rs 3.25 to 7.50, during the last year. For more details, visit the company website.

Website: http://www.marsonsonline.com

2. Shekhawati Poly-Yarn

BSE: 533301 | NSE: SPYL | ISIN: INE268L01020 | SECTOR: TEXTILES - MANMADE

SPYL is a new player in the Textile Industry and run by new generation entrepreneurs and the share price moved in the range Rs 0.75 to 2.75, during the last year. More details can be obtained from the company website below

Website: http://www.shekhawatiyarn.com

3. Jenson and Nicholson

BSE: 523592 | NSE: JENSONICOL | ISIN: INE819B01021 | SECTOR: PAINTS & VARNISHES    

J&N is the leading Paint makers in India and the share price moved in the range Rs 4.5 to 10 during the last year. More details can be obtained from the company website below

Website: http://www.jensonnicholson.com

4. Super Tannery

BSE: 523842 | NSE: | ISIN: INE460D01038 | SECTOR: LEATHER PRODUCTS

Leading leather accesories maufacturer and exporter whose share price moved in the range Rs 3 to 8 during the last year. More details can be obtained from the company website below

Website: http://www.supertannery.com

5. Jainco Projects (India)

BSE: 526865 | NSE: | ISIN: INE966C01010 | SECTOR: CONSTRUCTION & CONTRACTING - HOUSING

This real estate and infrastructure stock's share price moved in the range Rs 3.5 to 8 during the last year. More details can be obtained from the company website below

Website: http://www.jainco.in

6. Farmax India

BSE: 590094 | NSE: FARMAXIND | ISIN: INE890I01035 | SECTOR: TRADING  

  

A promising and growing company from the consumer goods section whose share price moved in the range Rs 0.10 to 1.5 during the last year. More details can be obtained from the company website below

Website: http://www.farmax.co.in

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7. Dynacons Systems and Solutions

BSE: 532365 | NSE: DSSL | ISIN: INE417B01040 | SECTOR: COMPUTERS - SOFTWARE MEDIUM & SMALL

  

Share price of this software company moved in the range Rs 6 to 15 during the last year. More details can be obtained from the company website below

Website: http://www.dynacons.com

8 Winsome Diamonds and Jewellery

BSE: 507892 | NSE: WINSOMEDJ | ISIN: INE664A01015 | SECTOR: DIAMOND CUTTING & JEWELLERY & PRECIOUS METALS

Share price of this Jewellery maker moved in the range Rs 0.25 to 1.35 during the last year. More details can be obtained from the company website below

Website: http://www.winsomejewellery.com

9. Gayatri Sugars

BSE: 532183 | NSE: | ISIN: INE622E01023 | SECTOR: SUGAR

Leading sugar manufacturer in India and the share price moved in the range Rs 1.2 to 3.4 during the last year. More details can be obtained from the company website below

Website: http://www.gayatrisugars.com

10. Sezal Glass

BSE: 532993 | NSE: SEZAL | ISIN: INE955I01036 | SECTOR: GLASS & GLASS PRODUCTS

Decorative cladding and specialised glass manufacturer in India and the share price moved in the range Rs 3.5 to 12.5 during the last year. More details can be obtained from the company website below

Website: http://www.sejalglass.co.in   

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DISCLAIMER

The above shares are selected based on my personal experience in the field. Before investing in any any of the above, please do own study and research and I will not be responsible to any losses incured, if any. 

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