Top Penny Stocks Under Rs 1: In the share market, penny stocks are those company stocks whose share price comes under Rs 10. These company are comes under the small capitalization. These stocks become highly risky due to their small amount price and high volatility. Before investing in these stocks need research other you can face a loss on your investment.
If you are planning to invest in penny stocks and find good stocks for investment then this article will help you to find a good penny stock with in suitable amount. In this article, we will be covering the Top Penny Stocks Under Rs 1 and covering the all-important details.
Benefits and Risks of Investing in Penny Stocks
Benefits: If we talk about the benefits of investing in penny stocks then we can make investments in penny stocks with proper research, technical, and fundamental analysis. Then in this condition, we can get a high return in minimum times on the investment of penny stocks. In this condition, investors get a good amount of profit.
Risk: If we talk about the risks, we can see the high volatility and liquidity in penny stocks due to their lower prices. Due to their lower price investor get the maximum share in minimum amount after getting their short-term profit, they are selling their share in this situation small investors get a loss on there because when an investor sells a large amount of stocks in this condition bearish condition create which they are getting loss on their investment.
Also Read: 11 Best Value Penny Stocks To Invest
Criteria for Selecting Penny Stocks
To choose the Top Penny Stocks Under Rs 1 for investment we can consider many factors which its financial performance, current market trends, company quarter results, working segments, and many others.
Financial Performance: Company financial performance shows that during the financial year what are the company’s growth and revenue? In this situation, we can check the yearly performance and calculate the average growth.
Current Market Trends: The share market is based on current trends and demand. If company products are demandable in the market in this condition share price is also affected.
Company Quarter Result: In the share market there are four quarters during the whole financial year in which the company discloses its overall growth and falling. Quarter results of a company also affect of share price.
Top Penny Stocks Under Rs 1 for 2024
In the Top Penny Stocks Under Rs 1 category, we put those companies’ stocks with good market capitalization, generate good profit during the quarter result, and fulfill the current market demands and supply.
Monotype India Ltd
Top Penny Stocks Under Rs 1 category, Monotype India Ltd is the best company. it is indian based public sector company that is coming under the financial sector of India. It provides finance-related services like investment activities, stocks, bonds or security, Engaging in treading, and many other services. Apart from this, It provides financial advisor services for companies, businesses, and other organizations.
- BSE Symbol: 505343
- NSE Symbol: Not listed on NSE
Technical Fundamental
- Market capitalization: Rs 68 Crore
- P/B Ratio: 0.00
- ROE: -65.21%
- P/E Ratio (TTM): 7.46
- Industry P/E: 28.30
- EPS (TTM): 0.13
- Face Value: 1
Company Profit analysis
| Year | Revenue (Crore) | Profit (Crore) |
| March 2024 | Rs 2.44 | Rs 2.05 |
| December 2023 | Rs 0.00 | Rs -0.20 |
| September 2023 | Rs 2.14 | Rs 1.50 |
| June 2023 | Rs 6.01 | Rs 5.92 |
Shareholding Patterns
| Promoters | 25.22% |
| Retail and Other | 74.78% |
NCL Research and Financial Services Ltd
Top Penny Stocks Under Rs 1 category, NCL Research and Financial Services Ltd is become a trustable company. It is an indian based public sector company that is coming under a Non-Banking Financial company. It provides financial services for the MSME, SME, Corporation, and non-corporate sectors. Apart from this, it believes in trading on the share market and trade in the textile products based company.
BSE Symbol: 530557
Technical Fundamental
- Market capitalization: Rs 102 Crore
- P/B Ratio: 0.92
- ROE: 1.45%
- P/E Ratio (TTM): 47.50
- Industry P/E: 27.88
- EPS (TTM): 0.02
- Face Value: 1
Company Profit analysis
| Year | Revenue (Crore) | Profit (Crore) |
| March 2024 | Rs 8.40 | Rs 0.24 |
| December 2023 | Rs 1.74 | Rs 1.05 |
| September 2023 | Rs 0.43 | Rs -0.17 |
| June 2023 | Rs 1.04 | Rs 0.48 |
Shareholding Patterns
| Retail and Other | 100.00% |
Excel Realty N Infra Ltd (Real Estate)
Excel Realty N Infra Limited is a Top Penny Stocks Under Rs 1 category. It is indian based public sector company that is working in three segments. These segments are infrastructure, BPO/IT services, and Trading Segments. Its IT /BPO segment provides business relationships, customer care services, and many other services.
Technical Fundamental
- Market capitalization: Rs 96 Crore
- P/B Ratio: 0.56
- ROE: 0.56%
- P/E Ratio (TTM): 68.00
- Industry P/E: 53.16
- EPS (TTM): 0.01
- Face Value: 1
Company Profit analysis
| Year | Revenue (Crore) | Profit (Crore) |
| March 2024 | Rs 1.78 | Rs 0.17 |
| December 2023 | Rs 1.58 | Rs 0.42 |
| September 2023 | Rs 1.48 | Rs 0.22 |
| June 2023 | Rs 1.16 | Rs 0.16 |
Shareholding Patterns
| Promoters | 19.12% |
| Retail and Other | 80.88% |
GTL Infrastructure Ltd (Infrastructure)
GTL Infrastructure Limited is one of the Top Penny Stocks Under Rs 1 category. It is an Indian-based public sector company. It comes under the telecom sectors of India and has 26000 Telecom towers and 22 telecom circles across in India. This company is a distributor of 2G,3G, and 4G networks in India.
- BSE Symbol: 532775
- NSE Symbol: GTLINFRA
Technical Fundamental
- Market capitalization: Rs 3752 Crore
- P/B Ratio: 0.00
- ROE: 13.40%
- P/E Ratio (TTM): 0.00
- Industry P/E: 22.96
- EPS (TTM): -0.53
- Face Value: 10
Company Profit analysis
| Year | Revenue (Crore) | Profit (Crore) |
| March 2024 | Rs 335 | Rs -215 |
| December 2023 | Rs 342 | Rs -195 |
| September 2023 | Rs 355 | Rs -170 |
| June 2023 | Rs 392 | Rs -103 |
Shareholding Patterns
| Promoters | 3.28% |
| Retail and Other | 53.34% |
| Foreign Institute | 0.12% |
| Other Domestic Institute | 43.25% |
Yamini Investments Company Ltd
In the Top Penny Stocks Under Rs 1 category, Yamini Investments Company Limited is indian based public sector company that is coming under the financial sector of India. This company provides loan and investment-related facilities. It also provides financial support for the companies and helps to grow their business.
- BSE Symbol: 511012
- NSE Symbol: Not listed on NSE
Technical Fundamental
- Market capitalization: Rs 58 Crore
- P/B Ratio: 0.85
- ROE: 0.37%
- P/E Ratio (TTM): 0.00
- Industry P/E: 27.88
- EPS (TTM): 0.00
- Face Value: 1
Company Profit analysis
| Year | Revenue (Crore) | Profit (Crore) |
| March 2024 | Rs 5.46 | Rs 0.17 |
| December 2023 | Rs 2.54 | Rs -0.18 |
| September 2023 | Rs 1.18 | Rs 0.13 |
| June 2023 | Rs 0.72 | Rs 0.13 |
Shareholding Patterns
| Promoters | 1.78% |
| Retail and Other | 98.19% |
| Other Domestic Institute | 0.04% |
Alstone Textiles (India)
Alstone Textiles is an indian based public sector company that works under fabrication and investment activities. It is also focused on the textile business. It became the Top Penny Stocks under Rs 1 category for its working segment and demand. If we talk about the products, it provides cotton, silk, natural silk, woolen, art silk, synthetic fiber, mixed fiber, and many more.
- BSE Symbol: 539277
- NSE Symbol: ALSTONETEX
Technical Fundamental
- Market capitalization: Rs 103 Crore
- P/B Ratio: 0.68
- ROE: 2.73%
- P/E Ratio (TTM): 27.00
- Industry P/E: 77.52
- EPS (TTM): 0.03
- Face Value: 1
Company Profit analysis
| Year | Revenue (Crore) | Profit (Crore) |
| March 2024 | Rs 0.96 | Rs 0.88 |
| December 2023 | Rs 1.18 | Rs 1.10 |
| September 2023 | Rs 1.50 | Rs 1.47 |
| June 2023 | Rs 4.85 | Rs 0.70 |
Shareholding Patterns
| Promoters | 5.98% |
| Retail and Other | 94.02% |
ACI Infocom Ltd (Telecommunications)
ACI Infocom Ltd is indian based public sector company. It is working under the real estate and IT business services. Due to the revolution in the telecommunication sector, it has become one of the Top Penny stocks Under Rs 1 category. This company works on different kinds of projects in the real estate sector which come in the residential and commercial sector, redevelopment projects, slum rehabilitation authority projects, and many more other development projects.
- BSE Symbol: 517356
- NSE Symbol: Not listed on NSE
Technical Fundamental
- Market capitalization: Rs 27 Crore
- P/B Ratio: 1.61
- ROE: 0.52%
- P/E Ratio (TTM): 246.00
- Industry P/E: 35.89
- EPS (TTM): 0.01
- Face Value: 1
Company Profit analysis
| Year | Revenue (Crore) | Profit (Crore) |
| March 2024 | Rs 0.27 | Rs 0.14 |
| December 2023 | Rs 0.09 | Rs 0.01 |
| September 2023 | Rs 0.42 | Rs 0.10 |
| June 2023 | Rs 0.16 | Rs 0.06 |
Shareholding Patterns
| Promoters | 22.88% |
| Retail and Other | 77.12% |
ARC Finance Ltd (Financial Services)
In the Top Penny Stocks Under Rs 1, ARC Finance Ltd is indian based public sector company which is works in the banking sector. In its banking services like non-deposit banking, non-banking finance, loans, and investment securities are come. Apart from this, it operates unsecured personal loans, corporate loans, and many more.
- BSE Symbol: 540135
- NSE Symbol: ARCFINANCE
Technical Fundamental
- Market capitalization: Rs 61 Crore
- P/B Ratio: 1.19
- ROE: 0.53%
- P/E Ratio (TTM): 121.00
- Industry P/E: 27.88
- EPS (TTM): 0.01
- Face Value: 1
Company Profit analysis
| Year | Revenue (Crore) | Profit (Crore) |
| March 2024 | Rs7.82 | Rs0.07 |
| December 2023 | Rs0.55 | Rs-0.09 |
| September 2023 | Rs0.48 | Rs0.20 |
| June 2023 | Rs0.40 | Rs0.09 |
Shareholding Patterns
| Promoters | 12.02% |
| Retail and Other | 87.98% |
Shree Ganesh BioTech India
Shree Ganesh BioTech Limited comes in the Top Penny Stocks Under Rs 1. It is indian based public sector company that is coming under the agriculture sector of India. This company is working on the production and market of quality hybrid seeds for crops. These crop’s seeds are sunflower, cotton, corn, paddy, and grain sorghum. Apart from this, the company is working on the revolution in the agriculture sector and providing crop consultants for the farmers. Indian states like West Bengal, Odisha, and Bihar are the main locations where this company sells its products to the farmers.
- BSE Symbol:539470
- NSE Symbol: Not listed on NSE
Technical Fundamental
- Market capitalization: Rs 50 Crore
- P/B Ratio: 0.79
- ROE: 0.99%
- P/E Ratio (TTM): 62.50
- Industry P/E: 47.21
- EPS (TTM): 0.02
- Face Value: 1
Company Profit analysis
| Year | Revenue (Crore) | Profit (Crore) |
| March 2024 | Rs 4.84 | Rs 0.54 |
| December 2023 | Rs 4.12 | Rs 0.09 |
| September 2023 | Rs 4.12 | Rs 0.08 |
| June 2023 | Rs 8.25 | Rs 0.15 |
Shareholding Patterns
| Retail and Other | 98.58% |
| Foreign Institute | 1.42% |
Conclusion
Penny stocks are beneficial for you when you have done proper research on the company otherwise you can face a loss on your investment. Their high volatility makes penny stocks highly risky. In this blog, we completely cover the topic of Top Penny Stocks Under Rs 1 and also cover its related factors. If you have any suggestions related to this blog then drop your suggestion into the comment box.
