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Penny Stocks List Traded in India on NSE for 2019

By Bhaveek Patel 11 Comments

Penny stocks are highly infamous amongst the active traders. People often fall for these stocks and then finally realize that these stocks are worthless. These stocks are gaining good ground in the Indian stock market, as fresh inflows and liquidity driving the market higher and higher. After going through 1700+ stocks in NSE, we have compiled a list of penny stocks that are traded on NSE (National stock exchange).

Penny stocks below Rs.10:

Penny stocks list, trading below Rs.10. But some of these stocks have gone way too high, I have not deleted those stocks. Look at the price as a motivation for investing in Penny stocks. (Price as on 7 February 2019).
Serial NumberStock Symbol (NSE)Price (in Indian Rupees)
13IINFOTECH3.6
2ADHUNIK3.55
3ALOKTEXT4.3
4ALPSINDUS3.05
5ANKITMETAL0.6
6ASIL12074
7ASSAMCO4.7
8AUSTRAL#N/A
9BAGFILMS5.25
10BHANDARI2.3
11BILENERGY0.5
12BILPOWER0.75
13BLBLIMITED4.75
14BLUECHIP0.25
15BSELINFRA3
16BSLIMITED0.35
17CASTEXTECH1.7
18CCCL1.44
19CENTEXT5.65
20CHROMATIC1.35
21COUNCODOS2.45
22CREATIVEYE3
23CYBERMEDIA8.65
24DBSTOCKBRO8.45
25EASTSILK3.5
26ESL85.4
27EUROCERA2.4
28GAMMNINFRA1.1
29GANGOTRI1.85
30GEMINI0.6
31GENUSPAPER12.3
32GREENFIRE#N/A
33GREENPOWER7.65
34GTLINFRA1.4
35GUJNRECOKE#N/A
36GUJNREDVR#N/A
37GVKPIL11.65
38HANUNG1.4
39HINDMOTORS8
40HOTELRUGBY2.4
41ICSA0.03
42IMPEXFERRO0.5
43INDOSOLAR5.1
44INDSWFTLTD7.65
45INFOMEDIA4.8
46IVRCLINFRA1.4
47JAIHINDPRO4.45
48JAYNECOIND5.55
49JIKIND0.35
50JPPOWER2.95
51JYOTISTRUC2.85
52KAUSHALYA1.7
53KGL0.02
54KSERASERA0.25
55LGBFORGE2.95
56LITL0.7
57LPDC3.6
58LSIL4.63
59MAGNUM#N/A
60MANAKCOAT10.6
61MOSERBAER2.4
62MVL17.28
63NAGAROIL1.7
64NAKODA0.2
65NET4#N/A
66NITESHEST7.8
67NOESISIND0.05
68NORBTEAEXP9.9
69NTL0.01
70NUTEK0.65
71OISL2.9
72OPTOCIRCUI12.35
73PARABDRUGS3.7
74POCHIRAJU3
75PRAKASHCON5.1
76PRAKASHSTL0.15
77PROVOGE3.75
78PSL71.86
79PVP3.9
80RAINBOWPAP1.9
81RAJOIL#N/A
82RAJRAYON0.2
83REIAGROLTD#N/A
84ROHITFERRO2.7
85RTNINFRA3.8
86RTNPOWER4.1
87SAMBHAAV6.4
88SAMTEL#N/A
89SANWARIA14.1
90SELMCL1.85
91SERVALL#N/A
92SEZAL2.85
93SHARONBIO3.45
94SHYAMCENT9.4
95SITASHREE1.3
96SMPL17.85
97SPCENET0
98SPENTEX2.95
99SPYL15.87
100SRSLTD0.45
101STERLINBIO1
102SUJANAUNI0.5
103SUNDARAM2.4
104SUPREMETEX0.55
105SURANAT&P4.9
106SYNCOM4.2
107TECHIN6.45
108TIJARIA12.25
109TRICOM#N/A
110TTML4.95
111TULSI0.95
112UMESLTD0.85
113UNITECH4.25
114UNITY2.8
115VASWANI13.4
116VIJIFIN2.95
117VISESHINFO0.1
118VISUINTL#N/A
119VIVIDHA1.05
120WINSOME1.5
121WSI0.02
122XLENERGY1.25
123ZENITHBIR0.75
124ZYLOG1.3

You will need to check the charts of these stocks. If the stock has given a breakout then buy positions can be taken. Otherwise, just wait and watch. Since these stocks are not actively traded, liquidity and cost of trading can be significantly high. It is therefore advised to check the best bid / best offer before executing a trade.

Penny stocks usually move when a high-value order is punched, with just a few orders stocks can hit their upper circuit. When trading penny stocks always keep in mind, never build a huge position in any of these stocks. If the market decided to move in the opposite direction then losses can also magnify.

Final thoughts:

Penny stocks need to be considered cautiously, as you can lose more money when compared to midcap stocks. Also, confirm with your stockbroker, charges such as brokerage and demat charges could cost you higher for these type of holdings. However, the stocks which have given a nice breakout along with some news. Can be considered low-risk stocks.

Trading in penny stocks is like buying a lottery ticket. You can win a jackpot or you will lose all, so be very careful. I personally don’t like trading in penny stocks. Instead, I would prefer buying OTM (out of the money) bank nifty call or put option on expiry day. The risk would be very limited, but potential gains could be extremely high.

Taking positions using directional spreads on options can be more profitable.

If you are interested in options trading course, you can call me on +91-9970777789.

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Category: Multibagger Tags: Multibagger/ Multibagger Stock/ Penny Stocks/ Short Term Trading

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Comments

  1. rupam says

    are these penny stocks in nse or bse?

    Reply
  2. Uday says

    I am not big fan of penny stocks, but i will take a look at these stocks. Can you also mention the LTP of these stocks. That would help.

    Regards,
    Uday

    Reply
  3. kishore jain says

    does technical analysis work on these stocks? for few stocks i dont see any good pattern on daily charts or weekly chart.

    Reply
  4. tejpratap says

    Investment in penny stocks in just like playing a gamble on poker table. Better is to invest in bluechip stocks, especially banking stocks, Low risk good returns.

    Reply
  5. zoid research says

    Investment in intraday tips is good option to invest at lower risk rather than penny stocks.

    Reply
  6. john says

    how to invest penny stock can any one

    we have to open demat account or any other account to trade???

    Reply
    • Bhaveek Patel says

      Hey,
      You just need to open a demat account and you can start investing in penny stocks.
      Do let me know if you are interested in opening a demat account.
      email: [email protected]

      Reply
  7. Ajay Pruthi says

    Hi Bhavesh

    How do you analyze the penny stock, Is it on some technical basis or more like going to caisno and playing.If you are lucky, yo make good money, if not you loose all.

    Reply
  8. Chim says

    I want to receive updates of penny stocks

    Reply
  9. Raj Ainapur says

    HI Bhaveek,
    I am more interested in penny stocks. Please help how to identify fundamentals of these stocks, if you have any analysis done on these stocks please share. If any paid service you have please do let me know. Thanks in advance

    Reply
  10. Ravi says

    Hi Raj,

    you can got through screener where you can find all details of companies –

    e.g – Bal. sheet profit loss stat.

    which will help you do all analysis.

    Reply

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