IDFC First Bank is the best and Low Risk penny stock to buy.
How?
The PE of the stock is at the lowest because this company has been profitable since last years.
Company has lot more potential to grow in this loan market with strong customer base. They are able to get good customer with good credit rating.
Company has also posted good results with strong fundamentals.
At the speed of growing Revenues and Profits, stock price hasn’t moved so. You can see in the below image.
It has increased more than 20% profits and sales but not the stock price has gone like it. Sales and profits is doubled in the 5 years but the stock price is not doubled in the last 5 years, so this has lot more potential to become multi-bagger.
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