11 Best Value Penny Stocks To Invest: Complete Detail Study

11 Best Value Penny Stocks To Invest: In modern times People are taking more interest in investment in the Share Market. In the market, there are several platforms Available for investment Apart From this Share market is the priority for investors.

In the Share market, Several Companies introduced their share in Front of People and Collect Funding for developing their Company infrastructure. Investors are buying these Shares and Become Company Shareholders.

When a Company starts growth by using this Funding then its share values also increase.

In this Condition, investors generate good revenue from their investment. Share market is a short method for generating good revenue.

If you are planning to invest share market then our article will help you. This article will cover the 11 Best Value Penny Stocks To Invest in and their complete detailed analysis report.

Let’s Delve into the article and know more about this.

What are the Penny Stocks?

Penny Stocks are those company stocks that have less market Capitalization. These types of Stocks have a Trade Value of Less than Rs 10 or Less Per Share. Due to Liquidity, these Shares are highly Risky. Due to the amount of Share Price In these Shares, we can see the fluctuations.

Also Read: Top 10 Penny Stocks under 1 Rupee in 2024

11 Best Value Penny Stocks To Invest

In the 11 Best Value Penny Stocks To Invest we Shortlist the Categories according to Overall Performance and High Return.

Share Price Analysis of 11 Best Value Penny Stocks

Comfort Intech Limited

Comfort Intech Ltd comes in first position in the 11 Best Value Penny Stocks To Invest categories.

Comfort Intech Limited is Indian based private sector company that was established on Oct 17, 1994 By Mr. Anil Agrawal.

This Company Comes under the manufacturing and trading Sector. Its Product Services are Trading Goods, fabrics, Water Heaters, Monoblock Pumps, etc.

The company also works with Procurers, Importers, exporters, agents, Brokers, Suppliers, Processors, Vendors, Distributors, And many More.

Its Subsidiaries Companies Are :

• Comfort Fincap Limited
• Comfort Securities Limited
• Comfort Commotrade Limited
• Luharuka Media & Infra Limited

Board Members Details

• Mr. Anil Agarwal, CEO
• Mr. Ankur Agrawal, Chairperson
• Mr. Devendra Lal Thakur, Non-Executive-Independent Director
• Mr. Milin Jagdish Ramani, Non-Executive Independent Director
• Mrs. Apeksha Santosh Kadam, Executive Woman Director

Globe Textiles (India) Limited

In the 11 Best Value Penny Stocks To Invest categories Globe Textiles (India) comes second position.

Globe Textiles (India) Limited is Indian based private-sector Sector Company that was established in 1995.

This company Comes under the manufacturing and textiles Sectors.

In Its Products Service list Complete Range of Textile and Apparel, Fibers related are Coming.

Its products are man-made and natural fiber yarns, fabrics, accessories, home textiles furnishing readymade garments, etc.

Board Members Details

• Bhavik Suryakant Parikh, Chairman/Managing Director
• Bhavin Suryakant Parikh, CEO/CFO
• Nilaybhai Jagdishbhai Vora, Full-time Director

The current market capitalization of Globe Textiles (India) Limited is Rs 107 Crore.

South Indian Bank Limited

In the 11 Best Value Penny Stocks To Invest categories South Indian Bank comes third position.

South Indian Bank Limited is an INDIAN-based private sector and was established in 1929.

This comes under the Banking and Finance Sector. Its headquarters is located in Thrissur, Kerala.

In its product services Credit cards, Mutual Fund Trading, debit accounts, Consumer banking, Corporate banking, Finance and Insurance, Mortgage loans, Private banking, Wealth management, and Investment banking come.

Its Subsidiary companies are SIB Operations and Services Limited.

The current market capitalization of South Indian Bank is Rs 7217 Crore.

Board Members Details :

• V J Kurian, Chairman
• P R Seshadri, MD & CEO

Rajnandini Metal Limited

In the 11 Best Value Penny Stocks To Invest categories Rajnandini Metal Limited comes in fourth position.

Rajnandini Metal Limited is an INDIAN-based private sector company that was established in 2010.

This company comes under the Manufacturing and Supply Sector.

Its main products are Steel, Iron, Iron alloy, Castings, and Metals. many kinds of chemicals, Furnace oils, petroleum products, Fabricators, buyers and sellers of Ferrous and non-ferrous metals like aluminum, tin, nickel, zinc led, copper, brass, silicon scrap, and many more.

This Company is also known for manufacturing copper rods and annealed bare copper wire. bunched copper wire, submersible wired & flat cables.

The current market capitalization of Rajnandini Metal Limited is Rs 321 Crore.

Board Members Details :

• Mr. Het Ram Sharma, Managing Director
• Mr. Ashok Kalra, Executive Director
• Mr. Manoj Kumar Jangir, Chief Financial Officer cum Director
• Mr. Yogender Sharma, Company Secretary & Compliance Officer

Goyal Aluminum Limited

In the 11 Best Value Penny Stocks To Invest categories Goyal Aluminum Limited comes in fifth position.

Goyal Aluminum Limited is an INDIAN-based private sector company that was established in 2017 and based in Delhi, India.

This company comes under the manufacturing sector. Its manufacturing products service are Aluminum coil, Aluminum sheets, and other Aluminum products.

Apart from this company also manufactures Stainless steel, Rubber bidding, and aluminum grills.

The current market capitalization of Goyal Aluminum Limited is Rs 131 Crore.

Board Members Details :

• Sandeep Goyal, Managing Director & Chief Financial Officer
• Kanchan Goyal, Director
• Mr. Chahat Gupta, Non-executive & Independent Director
• Amit Agarwal, Non-executive & Independent Director
• Bishamber Nath Mehra, Non-executive & Independent Director

Alok Industries Limited

In the 11 Best Value Penny Stocks To Invest categories Alok Industries comes sixth position.

Alok Industries Limited is an INDIAN-based private sector company that was established in 1986 by Surendra Jiwrajka.

Alok Industries Limited’s headquarters is in Mumbai, Maharashtra, INDIA.

Alok Industries Limited works in the Textile Manufacturing Sector.

The main products are Home Textiles, Cotton Yarn, Apparel Fabric, Garments, Technical Textiles, Textile Accessories, Polyester Yarn, ready-made garments, polyester yarns, and many more.

This Company is also working on International levels.

Apart from this, the company is working with international clients like Levi’s, Walmart, Zara, Calvin Klein, H&M, Tommy Hilfiger, Tesco, Costco Wholesale, Bershka, Kohl’s, NEXT, Pull&Bear, Reliance Retail, and different types brands.

The current market capitalization of Alok Industries Limited is Rs 13600 Crore.

Its parent company is Reliance Industries Limited.

Alok Industries Limited Subsidiaries companies are :

• Alok Infrastructure Limited
• Alok Worldwide Limited
• Alok International (Middle East) FZE
• Alok Singapore Pte Limited
• Alok International Inc

Board Member Details:

• Ram Rakesh Gaur, CEO
• Vinod Sureka, CFO
• Hitesh Kanani, Company Secretary

Dish TV India Limited

In the 11 Best Value Penny Stocks To Invest categories Dish TV India comes seventh position.

Dish TV India Limited is an INDIAN-based private sector company that was established on Oct 2, 2003.

This Industry comes under the Satellite Television sector.

Its main product services are Satellite television, pay-per-view, streaming television, etc.

Owner of Dish TV India:

• Yes Bank (25.63%)
• Individual shareholders (24.42%)
• Deutsche Bank (6.16%)
• Housing Development Finance Corporation(4.73%)
• Essel Group (4.04%)
• IndusInd Bank Ltd.(3.78%)
• L&T Finance (1.95%)
• Aditya Birla Sun Life Asset Management (1.59%)

Subsidiaries company of Dish TV India

• D2h
• Zing Digital

The current market capitalization of Dish TV India Limited is Rs 3265 Crore.

Board Member Details:

• Jawahar Goel (CMD)
• Anil Dua (CEO)

Jaiprakash Power Ventures Limited

In the 11 Best Value Penny Stocks To Invest categories Jaiprakash Power Ventures comes in eighth position.

Jaiprakash Power Ventures Limited is Indian based Private sector company that was established on Dec 21, 1994, by Jaypee Group.

This company comes under the Power Sector.

Its products and services are hydropower, cement grinding, captive coal mining, thermal power generation, etc.

Its main working power plants are:

• Jaypee Vishnuprayag Hydro Electric Plant, Chamoli, Uttarakhand
• Jaypee Nigrie Super Thermal Power Plant, Singrauli, Nigrie
• Jaypee Bina Thermal Power Plant, Sirchopi, Sagar, M.P

Subsidiaries Company of Jaiprakash Power Ventures Limited

• Jaypee Powergrid Limited
• Jaypee Arunachal Power Limited
• Sangam Power Generation Company Limited
• Jaypee Meghalaya Power Limited
• Bina Power Supply Limited

The current market capitalization of Jaiprakash Power Ventures Limited is Rs 11788 Crore.

Board Members Details :

• Shri Manoj Gaur, Chairman
• Shri Sunil Kumar Sharma, Vice Chairman
• Shri Suren Jain, Managing Director & CEO
• Shri Sonam Bodh (IDBI Nominee)
• Shri Praveen Kumar Singh, Full-time Director

Suzlon Energy Limited

In the 11 Best Value Penny Stocks To Invest categories Suzlon Energy Limited comes in ninth position.

Suzlon Energy Limited is Indian based private sector company that was established in 1995 by Tulsi Tanti.

This company comes under the Renewable energy Sector. And Known for Manufacture of Multinational Wind Turbine.

This company works at a multinational level.

The company headquarters is located in Pune, Maharashtra, INDIA.

Its main products are S144 Wind Turbine Generator, S133 Wind Turbine Generator, and S120 Wind Turbine Generator.

The current market capitalization of Suzlon Energy Limited is Rs 54694 Crore.

Indian Overseas Bank Limited

In the 11 Best Value Penny Stocks To Invest categories Indian Overseas Bank comes in tenth position.

Indian Overseas Bank Limited is an INDIAN-based public sector bank that was established on Feb 10, 1937, by M. Ct. M. Chidambaram Chettyar.

This bank operates through the government of India.

This bank comes under the Banking and Financial Service Sector.

The headquarters of Indian Overseas Bank is located in Chennai, Tamil Nadu, INDIA.

Currently, this bank has 3218 Branches and 3270 ATMs in India.

Its product services are Consumer Banking, Corporate Banking, Finance and Insurance,
housing, MSME, Home Loans, Vehicle Loans, Education Loans, mortgage loans, Mortgage Loans, Investment banking, Merchant banking, Private Equity, Private banking, Savings, wealth management, Credit cards.

Board Members Details: Ajay Kumar Srivastava (MD & CEO)

The current market capitalization of Indian Overseas Bank is Rs 117176 Crore.

Brightcom Group Limited

In the 11 Best Value Penny Stocks To Invest categories Brightcom Group Limited comes in eleventh position.

Brightcom Group Limited is Indian based private sector company that was established in 2000 by Suresh Reddy and Vijay Kancharla.

This company is coms under the IT Sector and provides Digital Marketing Services.

Apart from this Company is working at the International Level and has International offices in the United America, Argentina, Brazil, Chile, Uruguay, Mexico, the UK, France, Germany, Sweden, Ukraine, and many other countries.

The current market capitalization of Brightcom Group Limited is Rs 2999 Crore.

Board Members Details

• Suresh Reddy(Chairman & CEO),
• Vijay Kancharla (Chief Innovation Officer)

How to Invest in Penny Stocks?

If you are planning to invest in Stocks but you are Biggners in the share market. Before investing in the share market you need a Broker account. For a broker account, you can Follow many platforms as per your comfort. After completing the Account Process you are eligible to Invest in the share market.

If you have seen the Penny Stocks to investment then before investing you have to do a Details Study and Records of the stocks. Because penny stocks are risky stocks so for saving the loss you have to do more studies about the stocks.

After selecting your stocks you have to choose the quantity of stocks and pay the amount of required stocks.

If you don’t have an idea to choose the right Penny Stocks then in this condition our article will help you to find the right penny stocks.

How to Find the Best Penny Stocks?

If you are planning to invest in Penny Stocks and you are faced problem finding the best penny stocks then you can follow our article where we can help to find good stocks and provide a complete details analysis.

If you are planning for self-based find the best penny stocks then you have to see the stock’s Previous quarter records and the worth of the company.

If in the quarterly report the company is growing then penny stock is good.

Apart from this, you have to see mn factors like the Market capitalization of the company, company promotors, P/E Ratio, P/B Ratio, ROE, and company working Segment.

Apart from this, you have to see the business news related to those company which you are planning to invest Because the company’s share price mostly depends upon the company’s deals and its new Projects, and other financial deals with other companies and banks.

If a company does any kind of deal with another company and starts new projects then its share price has a high chance to increase and company is going loss and bankrupt then its share price fall.

Sometimes due to financial deals and new projects company stocks become Multibagger stocks in which stockholders generate a good amount of return on their investment.

Why Penny Stocks are Risky Stocks?

Penny stocks are Highly risky stocks. The main reasons behind these stocks to more risky its low prices and high liquidity. Due to lower prices investors purchase high amounts of stocks and after increasing their price, they sell their stocks For this reason stock prices speedily fall. In this condition those people are invest in small amounts of these stocks are going to lose.

Another reason behind becoming risky stocks is the low market capitalization of the company. Sometimes when you invest in those companies with market capitalization and the company share price regularly falls the condition company becomes bankrupt and closes permanently. In this condition, the investor faces heavy losses on their investment.

If you are investing in penny stock you have to check the company market capitalization quarter report analysis and other important terms.

Conclusion

If you planning to invest in the share market but don’t have a sufficient amount to purchase shares. In this condition, Penny stocks are the best option for investment. Penny stocks offer their share price in less amount. But in this kind stocks have risk. so before investing in penny stocks, you have to need a detailed study of this stock and share market. Otherwise, you have to face loss.

In this article, we cover the 11 best-value penny Stocks To Invest in and other important facts about penny stocks. If you have any kind suggestion related to this article then drop your suggestion into the comment box.