People are coming to Chartered Accountants and Share Market Experts and asking which penny stocks should be purchased so that they can get huge return on their investment in long term. In this article we will discuss and analyse about 3 such multibagger penny stocks for 2025. These penny stocks will definitely make you rich.
There are hundreds of good penny stocks in the market with reasonably strong fundamentals which can change your fortunes in future and you can make huge amount of profit by investing in these stocks. Investors often come across several good penny stocks but hesitate to invest in these stocks. They have apprehensions and several questions in their mind with regard to the success rate of penny stocks. Some of the questions often asked by the existing as well as prospective investors are listed below:
- Which is best penny stocks to buy?
- Which penny stock will grow in future?
- Can you get rich doing penny stocks?
- Where is the next big penny stock?
- Do penny stocks ever succeed?
Before we being to answer the questions often asked by the people, let us first understand the meaning of penny stocks. Shares which are available in the market at very low or throwaway prices are called penny stocks. Normally Shares trading in the market up to the value of around Rs.30 are called as penny stocks.
Out of the hundreds of good penny stocks available in the market, we will discuss about 3 very good multibagger penny stocks for 2025,which have the potential to give you huge returns on long term basis.
- IRFC LTD
Indian Railway Finance Corporation Ltd is one very good penny stock which should be bought for significant gains in the Long Term. Share is currently trading at around Rs.34 and it is expected that the price of the share will rise significantly after declaration of the Union Budget of 2023. It is recommended to buy this stock for long term investment.
- UCO Bank
UCO Bank is yet another very good penny stock which is currently available at a price of just around Rs.30 and is a recommended buy for the long term investment. Looking at the overall banking sector scenario and specially of the prospects of UCO Bank, it is the right time to invest in UCO Bank.
- Suzlon Energy Ltd
Suzlon Energy is available at its current market price of around Rs.10. The share is likely to rise significantly in the Long Term. The share price is likely to start rising after the announcement of Union Budget for 2023. Investors may buy this share for Long Term.
Share prices of all these penny stocks is expected to rise significantly on medium to long term basis.
Disclaimer : Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the market expectations from the Budget 2023. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. Moneyinsight does not offer investment advice and does not encourage any action based on its content.
