Penny stocks are bought and sold like hotcakes in the stock markets. Most of the share market investors search for the best penny-stocks which turn into multi-bagger penny-stocks in the future.
If you’re also looking for a penny stock list, here in this post we share the names and fundamentals of the 25 best penny-stocks under 100 rupees. And good news is that almost all of them declare dividends to their investors.
Premium Demat Account App for Share Market Beginners-Finity App Review
Penny-Stocks List under 100 rupees
- IRFC- Indian Railway Financial Corp
- Zomato
- SJVN
- Indian Oil Corporation
- Rail Vikas Nigam
- Railtel Corporation of India
- Suzlon Energy
- Bharat Heavy Electricals
- IDBI
- Yes Bank 10th
- GAIL
- PNB (Punjab National Bank)
- NHPC
- Indian Overseas Bank
- SAIL
- IDFC First Bank
- Union Bank of India
- Motherson Sumi Wiring India
- Trident
- Central Bank of India 20th
- New India Assurance
- L&T Fin Holdings
- Bank Of India
- GMR Infrastructure
- NLC India
- HFCL
- Bank of Maharastra
- NALCO
- UCO Bank
- Mangalore Refinery 30th
- Punjab & Sind Bank
- CESC
- Shree Renuka Sugar
- Welspun India
- Network18 media
- Brightcom Group
- HUDCO
- Kalyan Jewellers
- Tata Steel BSL
- TV18 Broadcast 40th
- Reliance Power
- RattanIndia Entr
- NBCC India
- JM Financial
- Jaiprakash Power
- Lemon Tree Hotels
- Edelweiss Financial Services
- Karur Vysya Bank
- Equitas Small Fin
- MMTC (50th penny stocks to watch)
- Paradeep Phsphts
- Indiabulls Real Es
- NCC
- Infibeam Avenues
- Ujjivan Small Fin
- Gujarat Pipavav Port
- Engineers India
- Ircon International
- Vakrangee
- Dhani Services (60th most active penny-stocks)
- Man Infraconstruction
- Thomas Cook India
- Gateway Distri
- PC Jeweller
- Paisalo Digital
- Hathway Cable
- Jupitar wagons
- Dish TV India
- Jammu & Kashmir Bank
- Anant Raj (70th best penny-stocks right now)
- LT Food
- Jindal SAW
- Jain Irrigation-DVR
- Spice Jet
- Ashoka Buildcon
- HBL Power Systems
- National Fertilizers
- PTC India
- IFCI
- Prime Focus (80th penny stocks trading
- JTEKT India
- Jayaswal Neco Inds
- Karnataka Bank
- Jaiprakash Asso
- Electrosteel Castings
- Genus Power Infra
- IIFL Securities
- GTL Infrasture
- Marksans Pharma
- Confidence Petro 90th
- Hindustan Constr
- Sindhu Trade Links
- Dhani Services-PP
- Subex
- Alembic
- Punjab Alkalies
- VIRESCENT
- Polo Queen Inds
- GMR Power
- Max India (100th Indian Penny Stock)
- South Indian Bank
- Gallant Ispat
- Sundaram
- Den Networks
- Morepen Labs
- Wardwizard Inn-b
- Wardwizard Innov
- Jagaran Prakashan
- Sanghi Industries
- Texmaco Rail (110th)
- Manali Petro Chem
- Kesoram Industries
- DB Realty
- Indo Rama Synthetics
- Sunflag Iron
- ISMT
- MTNL
- Grauer & Well
- NACL Industries
- Gallant Ispat (120th)
- India Power Corp
- Bajaj Hindusthan Sugar
- Shriram Properties
- DCW
- Lloyds Steel Inds
- Guj Inds Power Co
- Cressanda Solutions
- JSW Ispat Spl Prod
- TARC
- Tilaknagar Inds (130th)
- Southern Petrochem
- Dolat Algotech
- Gokul Agro Resource
- Patel Engineering
- Sutlej textiles
- Steel Exchange India
- Suven Life Science
- PNB Gilts
- Zee Media Corp
- Bodal Chemicals (140th)
- SEPC
- Orientals Hotels
- Salasar Techno
- Ritesh Prop & Inds
- Jaybharat Textiles
- Tarapia Tools
- Shree Securities
- Ajanta Soya
- 3i Infotech
- Media Matrix (150th)
- Best 2 Multibagger Penny Stocks for 2025 under 5 rupees
Read here Top 30 Highest Dividend Paying Stocks
Top 50 Multibagger stocks below 100 RS |Best stocks under 100 RS for long term in 2024
Table of Contents
What are penny-stocks?
Penny Stocks are those shares that are traded on the stock exchange. Despite large company stocks, the price of some penny-stocks remains under 100 rupees.
In one sentence, the shares whose price is under 100 are considered as penny stocks.
Benefits of Penny-Stocks:
5 major benefits of penny stocks are
- Available in low price
- Best for stock market beginners
- Dividend giving
- Getting multi bagger in long run
- Low risk (Sometimes)
How to buy penny-stocks?
To buy not only penny-stocks but also any type of shares or stocks, an individual investor must have a Demat Account (Details about Demat Account). You can open your FREE Demat Account via GROWW App.
Once you have an active and investment ready Demat account you can start investing in Stock market, buy penny-stocks, and apply for IPO shares, mutual funds, etc.
25 Best Penny Stocks List
#1 Penny Stock: IRFC- Indian Railway Financial Corp
About the company:-
- Sector: Financial Services
- Parent Organization: Indian Railway Finance Corporation Limited
- Founded in: 1986
Fundamentals of the company:
It is a large-cap company. And this Penny stock company is fundamentally very strong because Promoters’ holding is 86.36%.
- 1 Year growth: 45.79%
- Market Capital: 41, 558 Crore
- P/E ratio: 6.43 (very Good)
- P/B ratio: 1.01
- Debt to Equity ration: 8.88
- Dividend Yield: 4.50%
- Face value: 10
Top Mutual Funds Company Invested
- HDFC
- NIppon
- HDFC Hybrid
- HDFC Balanced
#2 Penny Stock: Indian Oil Corporation
Investors like to invest in this company because of its good dividend yield. This stock is not a growth stock for last 1 year. Let’s know About Indian Oil Corporation
- Sector: Oil, Gas and Fuels
- 1 Year growth: -4.33%
- 52 Weeks Low: Rs. 65.20
- 52 Weeks High: Rs. 90.70
- Experts’ Rating: Buy 61%, Hold-22%, and sell 16%
Fundamentals:
- Market Capital: Rs. 1, 03, 579 Cr
- P/E ratio: 8.77
- P/B ration: 0.76
- Debt to Equity: 1.26
- Dividend Yield: 11.45%
- Revenue: Rs. 7, 36, 731 Cr
- Profit in 2022: 25, 102 Cr.
- Net Worth: 1, 333, 535 Cr
It is a good Govt. company. Promoters’ holding is 51.50% which is good.
4 major AMC (Mutual Funds) company invested in IOCL
- SBI Contra
- SBI Long Term
- ICICI Prudential
- Templeton India
#3 Penny Stock: Rail Vikas Nigam
It is a highly growth stock. Last year it grows 128.98%
About the Rail Vikas Nigam Stock
- Sector: Construction
- Market Capital: Rs. 15, 283 Cr
- P/E Ratio: 11.31
- p/B ratio: 2.39
- Debt to Equity: 0.91
- Dividend Yield: 2.50%
- Share Holding Pattern: Promoters-78.20% (Very Good)
- Profit in 2022: Rs. 1,183 Cr
- 52 Weeks Low: Rs. 29
- 52 Weeks High: Rs. 80.60
Investors are crazy about this stock. Rail Vikash Nigam penny stock will be a multi-bagger stock in the coming
years.
To Buy or invest in Rail Vikash Nigam open a Free Demat account here with GROWW.
You should know the name of top 10 Indian Stocks for long term investment
More Penny Stocks Best
Investing in penny stocks are money multiplying investment opportunities. So, 22 more buying penny-stocks are discussed here.
But for buying penny stocks and finding a list of penny-stocks
Final Lines:
We have provided the name of 150 Indian Penny-Shares above. These are those shares which are traded in share market. Maximum Pennies are generally turn into multi-bagger after some years. But, before buying them, it should be remembered that a few of this companies are risky too.
I am a personal finance, stock market update, etc.-related blog post writer. Besides, I am a stock market trader. I invest in IPOs, stocks, Etc. I publish valuable posts and information here.
2 thoughts on “[2024] *150 Best Penny stocks to buy”