What are the Penny stocks/shares that have doubled your money in just one month
Best Penny Stocks to Buy In India
- Vodafone Idea Ltd. Telecom.
- Alok Industries Ltd. Textile.
- Jammu & Kashmir Bank Ltd. Banking.
- Indian Overseas Bank. Banking.
- Bank of Maharashtra Ltd. Banking.
- Dish Tv India Ltd. Satellite Television.
- Morepen Laboratories Ltd. Pharmaceutical.
- In India, penny stocks are a popular form of investment. These are stocks that trade at relatively inexpensive prices. While they do not have the same liquidity as larger companies, they can be traded on the stock market and yield profits if sold at a higher price.
Penny stocks are a form of market traded security which attracts minimal pricing. These securities are mostly offered by companies with lower market capitalisation rates. Therefore, these are also called nano-cap stocks, micro-cap stocks, and small-cap stocks, depending on the company's market capitalisation.
A penny stock refers to a small company's shares that typically trade for lower than $5 per share. Penny stocks are usually considered high-risk investments due to their low price, lack of liquidity, small market capitalization and wide bid-ask spread.
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