penny stocks to buy today | Top 100 penny stocks below 1 rupee

penny stocks to buy today | Top 100 penny stocks below 1 rupee

  • Author: Profitaxis
  • Published On: December 22, 2024
  • Category:Latest News

Top Penny Stocks to Watch in 2024

Explore high-potential stocks under ₹50.

Alankit Limited (₹20)

A hidden gem in the e-governance sector providing services like Aadhaar and PAN card processing with growth potential of 4-5 times its current value.

market Cap: ₹600 Crore

pe Ratio: 20

roe: 9-14%

debt To Equity: 0.11

profit: ₹25 Crore annually

Dwarkesh Sugar Industries (₹60)

A promising stock in the sugar sector, poised for major growth as interest rates stabilize.

market Cap: ₹1,100 Crore

pe Ratio: 15

roe: 11-14%

debt To Equity: 0.3

profit: ₹216 Crore

Radiant Cash Management Services (₹50-70)

A stable, cash-rich, debt-free stock offering ATM cash delivery and cash management services to banks.

market Cap: ₹500 Crore

pe Ratio: 19

roe: 30%

debt To Equity: 0.13

profit: ₹40 Crore annually

Syncom Formulations (₹10-20)

A pharma stock with strong fundamentals and multibagger potential over time.

debt To Equity: Low

sector: Pharma

growth Potential: Multibagger potential over time

Mukka Proteins (₹50)

A giant in the FMCG sector with significant long-term growth potential.

market Cap: ₹1,300 Crore

pe Ratio: 20

roe: 19-25%

debt To Equity: 0.92

Mukka Protein (Newly Launched IPO) (₹0.40)

A newly launched IPO in the fish oil sector with immense growth potential due to increasing health consciousness and demand for fish oil.

sector: Fish Oil Industry

market Cap: ₹1,200 Crore

pe Ratio: 18

roe: 26%

profit: ₹70 Crore

Wakan Engineers (₹70)

A solid engineering stock with minimal debt and stable profits, poised for long-term growth.

sector: Construction Engineering

market Cap: ₹1,400 Crore

pe Ratio: 21

roe: 8%

profit: ₹70 Crore

Bambooli (₹15)

A government-backed company in the oil industry with strong dividend yields and attractive long-term prospects.

sector: Oil Industry

market Cap: ₹300 Crore

pe Ratio: 15

roe: 16%

dividend Yield: Attractive

Radiant Cash Management (₹1)

A top pick for those looking for a penny stock with solid fundamentals, debt-free with impressive growth potential.

market Cap: ₹900 Crore

pe Ratio: 18

roe: 30%

profit: ₹40 Crore

MyTrip (₹50)

An undervalued stock in the travel sector with no debt, strong profitability, and rapid growth expected.

sector: Travel & Tourism

market Cap: ₹6,000 Crore

pe Ratio: 30

roe: 32%

profit: ₹200 Crore

Disclaimer: Always do your research and consult a financial advisor before investing.

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