Penny stocks are the stocks that are traded at a low price, usually under Rupees 50. These stocks have low market capitalization and are usually illiquid. These are the lesser-known stocks to the larger public out there. Usually, these are less preferred by investors due to the limited information about the fundamentals, and businesses are unreliable or unavailable. But the best penny stocks in India are popularly known for generating multi-bagger stock, i.e. returns within a few trade sessions.
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where are the names of the top 10.
I know one which was a Pound stock - the owner called it Diamond - now it is penny - Yes Bank…
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Most susceptible to pump and dump schemes…
Most likely to trigger gambling instincts…
Best avoided, imo
Instead, if looking for something different… would recommend articles like this one:
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