Penny Stocks are very popular amongst the investors who are looking to make huge profit by investing a very low amount. Investors keep coming to Share Market Experts and Investment consultants asking about which penny stocks to buy for making good amount of profit. Some of the frequently asked questions relating to penny stocks are given below:
- Which penny stock is best to buy?
- Which share is below 10 rs?
- Can penny stocks be profitable?
- What are penny stocks?
- How much should you invest in penny stocks?
In this article, we will discuss about the best penny stocks to buy now for medium to long term investment. Before we proceed further, let us understand which shares are called penny stocks. Penny stocks are those shares which are generally trading in the stock market in the range of Rs.5 to Rs.75, but have very strong business model and sound fundamentals. These stocks can become multibaggers and provide huge return to long term investors. There are thousands of such stocks available in stock market. We will talk about only 5 such penny stocks to buy, in this article.
- Gautam Gems Limited: Gautam Gems is a manufacturer and exporter of diamonds and jewellery. The diamond and jewellery industry has been growing steadily over the years due to the increasing demand for luxury goods, particularly in emerging markets such as China and India. However, the industry is highly competitive and subject to fluctuations in the global economy, currency exchange rates, and consumer preferences. Gautam Gems’ future prospects will depend on its ability to maintain its competitive advantage, expand its customer base, and adapt to changing market conditions. This share is currently trading at around Rs.18 and may touch the level of Rs.100 by the end of 2025.
- Yes Bank Limited: Yes Bank is a private sector bank in India that offers a range of banking and financial services. The bank has faced some challenges in recent years due to issues related to corporate governance, asset quality, and liquidity. However, Yes Bank has been taking steps to strengthen its balance sheet, improve its risk management, and enhance its digital capabilities. The Indian banking industry is expected to grow in the coming years, driven by the increasing use of technology, government initiatives, and demographic factors. Yes Bank’s future prospects will depend on its ability to navigate the competitive landscape, attract and retain customers, and maintain its financial stability. This share is currently trading at around Rs.16 and may touch the level of Rs.100 by the end of 2025.
- Rail Vikas Nigam Limited: Rail Vikas Nigam is a public sector enterprise that undertakes railway infrastructure projects in India. The Indian railway sector is a critical component of the country’s transportation network, connecting remote areas and facilitating the movement of goods and people. The Indian government has been investing heavily in modernizing the railway infrastructure, expanding its network, and improving its efficiency. Rail Vikas Nigam is expected to benefit from these initiatives, as well as from its expertise in project management, engineering, and construction. This share is currently trading at around Rs.63 and can touch the level of around 150-200 by the end of 2025
- Suzlon Energy Limited: Suzlon Energy is a renewable energy company that specializes in wind power. The renewable energy sector has been growing rapidly in recent years, driven by concerns about climate change, energy security, and technological advances. However, the sector is also subject to regulatory uncertainty, technological risks, and market volatility. Suzlon Energy has faced some challenges in recent years due to issues related to debt, cash flow, and project execution. The company’s future prospects will depend on its ability to reduce its debt burden, improve its operational efficiency, and capitalize on the growing demand for renewable energy. This share is currently trading at around Rs.8 and may touch a level of around Rs.20-30 by the end of 2025.
- Trident Limited: Trident Limited is a diversified textile company that manufactures and exports a range of products, including yarn, home textiles, and paper. The Indian textile industry is expected to grow in the coming years, driven by the increasing demand for textiles in both domestic and international markets. However, the industry is also subject to intense competition, changing consumer preferences, and supply chain disruptions. Trident Limited’s future prospects will depend on its ability to innovate, differentiate itself from its competitors, and maintain its operational excellence. This share is currently trading at around Rs.31 and may touch the level of around Rs.100 by the end of 2025
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 future market expectations. 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.
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