Penny Stocks Under Rs 5:
A brief portion is devoted to comprehending the study process before we go on to the list.
Research Techniques
Only equities trading between Rs. 5 and Rs. 1 were included in the list. The maximum market capitalization has been set at Rs 1,000 crore. To discourage penny stocks with high debt levels, the debt to equity upper limit was also established to 1.
Additionally, a filer was established with both return ratios (RoCE and RoE) being greater than 1, along with a minimum promoter ownership of 40%.
After being familiar with the criteria, let’s go on to learning about the top stocks under Rs 5 stated in this post.
List of Penny Stocks Under Rs 5
| Company Name | Industry | CMP (Rs. Cr.) | Market Cap (Rs. Cr) |
|---|---|---|---|
| Vertex Securities | Financial Services | 2.48 | 18.4 |
| Swasti Vinayaka Art & Heritage Corp | Ceramics | 2.84 | 25.6 |
| Luharuka Media & Infra | NBFC | 2.62 | 24.6 |
| Seacoast Shipping Services | Logistcs | 4.39 | 148 |
| Godha Cabcon and Insulation | Electric Equipment | 3.15 | 70 |
| Shree Global Tradefin | Iron and Steel | 4.70 | 598 |
| Viji Finance | NBFC | 2.80 | 23 |
The trading of penny stocks is quite speculative. Due of their lack of liquidity, they are dangerous. Their bid and ask spreads are often wide, which causes their prices to fluctuate a lot. Pump-and-dump tactics are frequently used with penny stocks.
Some penny stocks do, however, have the potential to provide multi-bagger returns if they are chosen wisely. Which kind of stocks do you favour as an investor? What if we carry on this discussion in the comments section below?
