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  1. Asked: In:

    Best Penny Stocks to Invest Under Rs. 30?

    Best Answer
    Muthyam Reddy Contributor

    Best Penny Stocks under Rs. 30 & with Low P/E Ratio Here are the top 44 best penny stocks under Rs. 30 to invest in 2023. Remember these stocks may give good returns and also huge profits. Be careful while investing in penny stocks. Name CMP Rs. P/E Mar Cap Rs.Cr. NP Qtr Rs.Cr. ROCE %  RelianceRead more

    Best Penny Stocks under Rs. 30 & with Low P/E Ratio

    Here are the top 44 best penny stocks under Rs. 30 to invest in 2023. Remember these stocks may give good returns and also huge profits. Be careful while investing in penny stocks.

    Name CMP Rs. P/E Mar Cap Rs.Cr. NP Qtr Rs.Cr. ROCE % 
    Reliance Home 2.15 0.02 104.29 6.43 257.70
    Modern Steels 18.96 1.39 26.09 -0.35 202.86
    Press. Senstive 7.40 1.43 109.79 38.44 109.67
    Harshil Agrotech 2.54 2.63 2.74 0.39 86.25
    Siddha Ventures 8.61 0.40 8.61 0.17 72.58
    Oil Country 25.20 1.11 111.61 -18.71 47.43
    Taparia Tools 2.79 0.06 4.23 18.99 37.30
    Aananda Lakshmi 11.42 3.42 4.00 1.89 33.79
    Globe Commercial 28.00 4.80 16.81 0.64 33.50
    Brightcom Group 16.95 2.42 3420.38 321.48 30.91
    ARCL Organics 18.21 1.24 14.57 28.44
    Jupiter Info. 21.79 4.76 21.83 2.54 28.03
    Mukta Agricultur 3.23 0.92 7.00 -0.03 27.29
    Kandagiri Spinng 14.35 3.39 5.52 0.08 25.32
    Kavveri Telecom 7.65 0.48 15.39 -0.20 24.97
    Kaushalya Infra. 8.25 1.72 28.57 1.09 22.55
    Cindrella Fin. 9.45 4.68 3.93 0.21 17.56
    City Online Ser. 3.58 4.40 1.85 0.01 14.05
    Sadbhav Infra. 4.75 1.65 167.31 -21.09 12.28
    Mystic Electron. 3.62 1.89 7.16 0.03 12.06
    Madhav Infra 6.65 4.56 179.27 8.47 11.42
    Gowra Leasing 25.60 3.96 7.68 1.08 10.46
    BSEL Infra. 12.56 2.51 103.77 12.80 9.69
    Anjani Finance 8.90 1.31 9.03 0.24 9.68
    Concrete Infra 2.76 4.33 2.08 0.01 8.12
    Gagan Gases 17.25 4.56 7.80 -0.06 8.06
    Kapil Raj Financ 15.52 3.74 12.48 0.07 5.41
    Williamson Magor 28.85 4.35 31.62 -2.16 5.21
    Samyak Internati 18.29 2.22 11.43 1.31 4.94
    K Z Leasing 28.98 4.56 8.81 1.65 3.83
    Disha Resources 9.99 2.58 7.31 2.36 1.31
    Titan Securities 21.39 4.44 53.52 2.61 0.88
    Chemo Pharma Lab 29.50 4.82 4.43 0.38 0.78
    Swastik Safe Dep 5.71 0.12 0.14 0.80 0.10
    Trans Freight 20.27 2.44 14.76 0.23 -0.03
    Alstone Textiles 0.68 3.57 86.69 0.70 -0.34
    Steel Strips Inf 23.01 1.10 19.88 21.15 -1.89
    GTN Textiles 11.96 3.99 13.92 -3.29 -2.39
    Jagjanani Text. 12.39 4.91 19.33 3.92 -16.67
    Prism Finance 24.15 2.59 15.70 2.28 -19.16
    Anand Proj. 21.16 0.21 1.97 10.49 -35.12
    Innocorp 5.65 1.18 4.49 -0.10 -35.93
    Modern Dairies 19.74 3.99 46.03 2.02 –
    Prakash Steelage 4.95 3.72 86.63 21.02 –
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  2. Asked: In:

    Best Penny Stocks to Invest Under Rs. 30?

    Muthyam Reddy Contributor

    Risk Factors of Investing in Penny Stocks under Rs. 30 Investing in penny stocks can be risky due to the non-stability in the price, but it is essential to understand the risks involved in the penny stocks: The following are the major risk factors involved in penny stocks. High Volatility: Penny stoRead more

    Risk Factors of Investing in Penny Stocks under Rs. 30

    Investing in penny stocks can be risky due to the non-stability in the price, but it is essential to understand the risks involved in the penny stocks:

    The following are the major risk factors involved in penny stocks.

    High Volatility:

    Penny stocks witnesses extreme price fluctuations. Their prices can swing drastically within a short period, your investment can increase or decrease rapidly with in no time.

    Liquidity:

    Penny stocks often have low trading volumes, it is challenging to buy or sell shares at the desired price. You might end up with a price you can’t exit.

    Lack of Information and Transparency:

    Many penny stock companies are small and not well-known. They may not provide sufficient financial data or company information, it is challenging to assess their true value and potential risks. Even the media focuses less on these kind of stocks.

    Market Manipulation & Speculation:

    The penny stock market can be easily manipulated in terms of price and volume. Big traders & groups may spread false information in to the market to get benefited out of this, it will incur huge losses to novice traders.

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  3. Asked: In:

    Is it a Good Idea to Invest in Penny Stocks?

    Best Answer
    Muthyam Reddy Contributor

    Things to Know Before Investing in Penny Stocks Investing your total capital in penny stocks is not always a good idea, instead you allocate 10-20% of your capital. Since investing in penny stocks is too riskier than any other investments in Stock Market. The following are the major risk factors toRead more

    Things to Know Before Investing in Penny Stocks

    Investing your total capital in penny stocks is not always a good idea, instead you allocate 10-20% of your capital. Since investing in penny stocks is too riskier than any other investments in Stock Market.

    The following are the major risk factors to invest in penny stocks.

    Huge Volatility:

    Due to the sudden volatility, there is a huge risk of losing your entire investment or a major part of it in one go.

    It is possible that the price of the penny stock may go down/up by 50-90% in a single trading session.

    Poor Financials:

    Most of the penny stock companies are struggling financially or have consistent losses. Some may have a history of inadequate cash flow, or high debt.

    These factors may lead to the risk of bankruptcy at the end. So, we must go through these factors before investing in penny stocks.

    Limited Track Record:

    Most of the penny stock companies are new or not well known in the market. This limited track record makes it difficult to predict the performance of the company in different market conditions.

    Sudden Price Drops:

    Penny stocks can experience sudden price drops without logic. This can happen due to various factors like speculations, negative news, poor earnings reports, or market trend.

    Penny stock may move 50-90% upward/ downward in a single trading session.

    Fake Announcements:

    Big traders/ institutional investors may speculate the price of a penny stock by spreading false information about the company.

    Once the price is high, they sell their shares, leaving other investors with losses. This process named “pump and dump” in the market.

    Difficulty in Finding Good Stock:

    Finding up-to-date information about penny stocks can be challenging even though there are many screening websites to find.

    Limited coverage and unreliable sources can make it hard to take investment decisions on penny stocks.

    Penny stocks may seem attractive due to their low prices and potential for substantial gains, but do not forget that the low price may become completely “0” in a single day.

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  4. Asked: In:

    How to Check IPO Allotment Status?

    Best Answer
    Muthyam Reddy Contributor

    How to Check IPO Allotment Status Checking the IPO allotment status is important to know if you have applied for an Initial Public Offering (IPO). Here is a step-by-step procedure to check your IPO allotment status online: Allotment Date: Check the IPO event dates & wait for the allotment date.Read more

    How to Check IPO Allotment Status

    Checking the IPO allotment status is important to know if you have applied for an Initial Public Offering (IPO).

    Here is a step-by-step procedure to check your IPO allotment status online:

    Allotment Date:

    Check the IPO event dates & wait for the allotment date.

    How to IPO Allotment Status Online:

    Step-1: On the date of IPO allotment, visit the official website of the registrar handling the IPO. The registrar is a financial institution which is responsible for the execution of IPO procedure and allotment of shares.

    Step-2: Look for the link with tile ‘IPO Allotment‘ or ‘Check Allotment Status‘ section on the registrar’s website.

    Step-3: You will need to provide the essential details like PAN (Permanent Account Number) or Application Number in the respective fields. Some websites may ask for your DP ID/Client ID if you applied through a demat account.

    Step-4: After entering your details, click on the ‘Submit’ or ‘Search’ button. Cross-check the details entered to ensure you have entered the correct information.

    Step-5: The website will display the IPO allotment status for your application. It will show if you have been allotted shares and also the number of shares allotted to you.

    If you’ve been allotted shares, you will receive an email or SMS from the registrar providing detailed information about the allotment, including the number of shares allocated and the price that the share have allocated.

    Credit of Shares to Demat Account:

    If you’ve been allotted shares, they will be credited to your demat account before the date of IPO listing. You will receive a confirmation mail from the registrar.

    IPO allotment process takes a few days (mostly 15-20 days), so be patient during this time. Always verify the information through official websites and avoid fake websites. Do not share your essential details in fake websites

    What if the Shares not Allocated in IPO?

    If you did not get any allotment of shares, check the refund status on the same website. If you are eligible for a refund, it will show the refund initiation and credit details.

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  5. Asked: In:

    How to Invest in Crypto Currency?

    Best Answer
    Muthyam Reddy Contributor

    Things to Know Before Investing in Cryptocurrency Investing in cryptocurrencies give exciting returns but also carries significant risks. Here are a few risk factors to consider when investing in cryptocurrency: Huge Volatility and Price Fluctuations: Cryptocurrencies are well-known for their extremRead more

    Things to Know Before Investing in Cryptocurrency

    Investing in cryptocurrencies give exciting returns but also carries significant risks. Here are a few risk factors to consider when investing in cryptocurrency:

    Huge Volatility and Price Fluctuations:

    Cryptocurrencies are well-known for their extreme price swings (up & down). The value of a cryptocurrency can change dramatically within a short period, leading to huge gains or losses.

    We may get 10x of our capital in a day or may lose 99% of it. Anything can happen in crypto.

    Lack of Regulation and Legal Uncertainty:

    Cryptocurrencies operate in a relatively unregulated space, with varying degrees of legal acceptance worldwide.

    Regulatory changes or government crackdowns can impact the cryptocurrency market and investor confidence.

    Security Risks:

    Cybersecurity threats are most common in the cryptocurrency space. Hacking and theft of digital assets from exchanges or wallets can result in significant losses for investors.

    Market Manipulation:

    The cryptocurrency market is susceptible to manipulation due to its small size and lower liquidity compared to traditional financial markets. Pump-and-dump schemes and other trading activities can fluctuate prices hugely.

    Technological Risks:

    Cryptocurrencies rely on complex technologies. Technical failures, software vulnerabilities, or network attacks can disrupt the functioning and trust of the investor.

    Lack of Consumer Protections:

    Unlike traditional banking accounts, cryptocurrencies are not insured or protected by the government agencies.

    If you lose access to your wallet the recovery may be challenging or impossible. Many people have lose their entire money in the wallet by forgetting the account’s password.

    Market Sentiment and Speculation:

    The cryptocurrency market is highly influenced by market sentiment, social media trends, and speculations.

    FOMO (Fear Of Missing Out) and FUD (Fear, Uncertainty, Doubt) can drive sudden and irrational price movements.

    Investment Scams:

    The cryptocurrency space is susceptible to various scams, including fraudulent Initial Coin Offerings (ICOs) and fake investment opportunities.

    Investors should conduct thorough research before investing.

    Market Competition:

    The cryptocurrency market is most competitive, with thousands of different cryptocurrencies available in the market.

    Competition among projects for adoption, usage, and investment can lead to the devaluation of poorly performing cryptos.

    Regulatory Changes and Government Bans:

    Governments can implement new regulations or outright bans on cryptocurrencies, affecting their adoption, trading, and use.

    This uncertainty can lead to market instability and reduced investor confidence.

    Recently the central government of India has increased the tax rates on crypto traders.

    Environmental Concerns:

    Some cryptos, like Bitcoin, rely on energy-intensive consensus mechanisms. Concerns about the environmental impact and sustainability of such cryptocurrencies may affect their long-term viability.

    Investing in cryptos is very risks. It is essential to conduct thorough research, understand the technology and market dynamics, diversify your investments, and only invest what you can afford to lose.

    Happy Trading.

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  6. Asked: In:

    Penny Stocks Between Rs. 1 to Rs. 10 in NSE & BSE

    Best Answer
    Muthyam Reddy Contributor

    Penny Stocks under 10 Rupees in India Name CMP Rs.  P/E Mar Cap Rs.Cr. Net Profit Qtr Rs.Cr. ROCE % Silicon Valley 0.03 - 0.39 -0.10 -12.39 K-Lifestyle 0.26 - 26.58 -1.13 -5.85 Sword-Edge Comm. 0.34 12.51 7.38 -0.04 -1.03 Excel Realty 0.35 - 49.37 0.16 -1.55 Triton Corp. 0.38 - 7.60 -0.05 -8.24 ShreRead more

    Penny Stocks under 10 Rupees in India

    Name CMP Rs.  P/E Mar Cap Rs.Cr. Net Profit Qtr Rs.Cr. ROCE %
    Silicon Valley 0.03 – 0.39 -0.10 -12.39
    K-Lifestyle 0.26 – 26.58 -1.13 -5.85
    Sword-Edge Comm. 0.34 12.51 7.38 -0.04 -1.03
    Excel Realty 0.35 – 49.37 0.16 -1.55
    Triton Corp. 0.38 – 7.60 -0.05 -8.24
    Shree Securities 0.39 – 31.12 0.04 -0.90
    Interworld Digi. 0.40 – 19.14 -0.04 -0.22
    VKJ Infradevelop 0.40 476.00 9.52 0.00 0.07
    Jackson Invest 0.40 145.38 11.63 -0.02 1.28
    Sturdy Industrie 0.44 – 6.66 -1.46 -6.47
    Autoriders Fin. 0.44 – 0.58 0.00 –
    Western Ministil 0.44 – 0.09 -0.04 –
    Sanwaria Consum. 0.45 – 33.12 -1.65 -2.03
    Visesh Infotec. 0.45 – 169.85 -0.83 -1.09
    Saianand Commer. 0.46 – 10.45 0.15 -2.45
    Class. Gl. Fin. 0.47 57.67 1.73 0.01 0.83
    Shalimar Prod. 0.49 – 48.23 -0.37 0.10
    Nouveau Global 0.49 – 9.09 -0.07 -4.32
    Shekhawati Poly. 0.50 – 17.24 -2.08 -32.18
    Solis Marketing 0.50 – 1.54 0.02 0.00
    G V Films 0.50 – 45.73 -0.46 -0.35
    NCl Res. & Finl. 0.52 29.92 55.66 0.48 0.98
    Monotype India 0.53 6.45 37.27 5.92 -6.60
    Vikas Proppant 0.54 – 27.79 -0.06 0.09
    Risa Internatio. 0.54 – 8.61 -0.07 -1.51
    Mahan Industries 0.56 15.54 2.02 -0.01 0.32
    Ontic Finserve 0.56 – 5.04 -0.01 1.32
    Johnson Pharma 0.58 – 31.90 -0.19 0.37
    Omansh Enterpri. 0.58 – 1.03 -0.02 -4.58
    Sun Retail 0.58 – 9.00 -0.78 -6.42
    Amerise BioScie 0.59 – 3.90 -0.07 -2.12
    Negotium Intl. 0.59 – 2.31 0.00 -0.43
    Seven Hill Inds. 0.61 61.00 7.93 0.09 1.28
    7NR Retail Ltd 0.61 89.89 17.08 0.07 1.76
    Greencrest Finan 0.63 13.31 23.03 1.16 4.17
    Cistro Telelink 0.64 – 3.29 -0.02 -0.67
    Viaan Industries 0.65 – 7.17 -0.10 -18.25
    Wagend Infra 0.66 – 3.11 -0.09 0.44
    Alstone Textiles 0.68 3.57 86.69 0.70 -0.34
    AJR Infra & 0.70 – 65.93 -76.50 –
    A R C Finance 0.71 1195.00 35.85 0.09 2.46
    Trio Merc. Trad. 0.72 – 4.89 0.09 -0.41
    Goldline Intl. 0.72 535.86 37.51 0.05 0.13
    Visagar Finan. 0.73 18.14 42.63 0.44 4.32
    Landmarc Leisur. 0.74 – 59.20 -0.19 -9.12
    Hit Kit Global 0.75 – 2.78 0.00 0.10
    Antarctica 0.75 – 11.63 -0.04 -0.51
    Yamini Invest 0.75 135.97 39.43 0.13 0.42
    Rajas. Petro Syn 0.75 – 1.21 0.00 –
    BKM Industries 0.75 – 4.92 -3.52 -9.03
    Supreme Engg. 0.75 – 18.75 -0.61 -120.30
    Global Cap.Mkt. 0.76 – 30.27 -0.12 -0.12
    MFL India 0.77 – 27.74 -0.50 0.00
    Biogen Pharma 0.78 20.78 50.90 0.41 -0.37
    Uniworth 0.78 – 2.65 -0.67 –
    Baron Infotech 0.79 – 0.81 -0.08 -127.64
    Kretto Syscon 0.79 61.95 12.39 0.03 1.59
    Shree Ganesh Bio 0.79 18.31 31.49 0.15 4.42
    BITS 0.79 63.14 8.84 0.03 -1.19
    Amraworld Agrico 0.80 – 9.62 -0.09 -1.09
    Siti Networks 0.80 – 69.76 -100.98 -49.90
    Sharp Investment 0.81 – 19.61 -0.09 0.00
    Sawaca Business 0.84 18.13 9.61 0.02 4.80
    Future Consumer 0.85 – 169.75 -24.40 -18.28
    Goenka Diamond 0.85 – 26.95 -0.76 -0.41
    Gayatri Highways 0.85 – 20.37 -89.74 1.04
    Sikozy Realtors 0.87 – 3.88 -0.02 -19.61
    Diamant Infra. 0.89 – 3.13 0.02 0.00
    Gangotri Textile 0.90 – 2.94 -0.02 -1.64
    Ramchandra Leas. 0.90 460.00 4.60 0.00 0.35
    Future Enterp. 0.90 – 62.01 -2295.88 -11.69
    Setubandhan Inf. 0.90 125.67 11.31 1.18 0.44
    Godha Cabcon 0.90 – 59.96 -0.10 -5.03
    Sharanam Infra 0.91 – 11.38 -0.01 -4.52
    Gemstone Invest. 0.92 27.52 6.88 0.25 1.13
    Satra Properties 0.94 – 16.77 -0.43 -1.14
    SGN Telecoms 0.94 – 7.60 -0.10 -12.40
    Visagar Polytex 0.95 – 27.81 -0.60 -2.69
    Sagar Soya Prod 0.95 – 0.03 0.08 3.74
    Vision Cinemas 0.95 11.03 6.73 0.04 1.43
    Shrenik 0.95 – 58.14 -47.45 1.56
    Suncare Traders 0.96 – 16.16 -0.40 -0.28
    Bronze Infra 0.99 11.40 1.71 -0.07 3.61
    GTL Infra. 1.00 – 1280.70 -102.50 -10.97
    Virtual Global 1.00 78.46 42.37 0.08 1.17
    Ortel Commu. 1.00 – 3.30 -9.31 -13.42
    Earum Pharmaceu. 1.00 13.01 24.71 -0.28 11.68
    BCL Enterprises 1.03 – 12.01 0.11 -4.36
    Panafic Industri 1.04 29.45 8.54 0.05 1.69
    Empower India 1.08 256.51 125.69 0.41 0.08
    Twinstar Indus. 1.11 – 2.50 -0.16 -8.93
    Blue Chip India 1.15 – 6.36 -2.93 -4.62
    GACM Tech 1.15 655.77 314.77 0.23 -0.94
    Shree Ram Prote. 1.15 18.32 49.27 0.21 10.19
    Mah. Corporation 1.18 26.18 15.97 -0.22 3.56
    Khoobsurat Ltd 1.19 79.05 15.81 0.06 1.42
    ACI Infocom 1.20 88.40 13.26 0.06 0.84
    Tricom Fruit 1.20 – 2.29 -0.03 –
    G-Tech Info. 1.21 – 0.42 0.00 10.00
    G G Engineering 1.24 12.85 109.06 0.51 11.65
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  7. Asked: In:

    What are the Best Stocks to Invest in India for Short-term?

    Best Answer
    Muthyam Reddy Contributor

    Short-Term Investing in India The primary aim of the Short-term investors is to earn more money in quick time. In any stock market risk is inversely proportional to the time period. Lesser the investing period higher the risk. So, before investing in any stock, you must understand the company's profRead more

    Short-Term Investing in India

    The primary aim of the Short-term investors is to earn more money in quick time. In any stock market risk is inversely proportional to the time period. Lesser the investing period higher the risk.

    So, before investing in any stock, you must understand the company’s profile in and out. Look at recent charts, news, and financial reports, etc., and make appropriate decision.

    It is also important to follow stock market trends closely. The best way to earn money in stock market is “go with the trend“.

    Risk Management:

    Analyze how much risk you can handle. Short-term investments can be highly volatile, so be prepared for ups and downs.

    Make sure to decide your exit price at the time of investing in the stock. Setting a clear target for profit and a stop-loss is essential.

    Stay updated with company’s news, economy news, especially budget news. News can highly impact the stock prices.

    The other important thing is diversifying your investment in multiple sectors. Don’t put all your capital in one stock/ sector. Diversify your investments across different sectors & stocks.

    Follow the above rules strictly and stick to your strategy and be patient. Short-term gains might not always happen quickly, so be disciplined and wait for the right moment to book profit or to exit.

    Note: Short-term investing can be exciting some times but it is too risky.

    Thank you, Happy Trading.

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  8. Asked: In:

    What are the Best Stocks for SIP in India?

    Best Answer
    Muthyam Reddy Contributor

    Best Stocks to Invest in SIP in India If you want invest in Systematic Investment Plan (SIP) in India, it is best to choose stocks from stable and booming sectors. Look for companies with a good track record and are highly potential for the future. The following are some of the categories to consideRead more

    Best Stocks to Invest in SIP in India

    If you want invest in Systematic Investment Plan (SIP) in India, it is best to choose stocks from stable and booming sectors. Look for companies with a good track record and are highly potential for the future.

    The following are some of the categories to consider for SIP:

    Blue-Chip Stocks:

    Blue-Chip stocks are nothing but the companies with stable growth and low risk. These are the shares of large-cap, well-established companies with a good financial history. These are less riskier and good for SIP.

    Example: Asian Paints, HDFC Bank, Reliance Industries, TCS, ITC Ltd.

    Banking and Finance:

    Banks and financial institutions are the backbone of the economy. Investing in best performing banking stocks like HDFC Bank and SBI can be a good choice.

    Example: SBI, HDFC Bank, Kotak Mahindra, ICICI Bank

    Information Technology (IT Sector):

    As we seen in the past years, the IT sector is continuously growing. Investing in this sector is a good choice in these days.

    Example: TCS, HCL Tech., Infosys, Tech Mahindra, Wipro

    FMCG Sector:

    These are the products people use daily, like food, personal care, and other household items. Companies in FMCG sector tend to have stable growth.

    Example: ITC, Hindustan Unilever Ltd.

    Pharma Sector:

    Healthcare is an evergreen sector. Most of the pharma and health related companies have witnesses a great move in Covid time. Not only at the pandemic, pharma companies often provide good returns due to increasing health-related demands.

    Example: Cipla, Divi’s Laboratories, Sun Pharma, Dr. Reddy’s

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