Top 10 Fundamentally Strong Penny Stocks, Let's Go Through With Yuvapatrkaar

By Yuva Patrakar Updated: Jul 14, 2023, 13:31 IST

Yuva Patrkaar, New Delhi : Hello friends, Welcome to yuvapatrkaar blog. Today I will tell you about Fundamentally Strong Penny Stocks. Friends, the stocks which are fundamentally strong means that the chances of giving good returns in the future increase.

We can say that almost 95% Fundamentally Strong Penny Stocks have given strong returns to their investors after some time. However, due to being Penny Stocks, the risk in them also remains very high.

But there is so much risk in this. The more the chances of better returns remain, that is, I can say. If you have the ability to take risk. Only then you should invest in these stocks. Although the stock market is full of risk, due to which you will see risk in all the stocks here.

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Today I will tell you about all the stocks, seeing them and reading about them, you will definitely feel like buying them, because these stocks are very good and they have given decent returns in the past.

So friends, now without delay, know about Fundamentally Strong Penny Stocks. But before that I tell you what are Fundamentally Strong Penny Stocks? I would like to tell about it, so that there is no question related to it in your mind.

What does Fundamentally Strong Penny Stocks mean?

Friends, in my two previous posts, I had told you about the Future, Price Prediction, Target and Risk of Gita Renewable Energy Ltd and Baroda Rayon Corporation Ltd. Those stocks were very good.

Which were also very strong fundamentally and were also Penny Stocks. Fundamentally Strong means. Measuring the intrinsic value of the stocks of any company. But only Intrinsic Value does not come in the Fundamental of a company.

Apart from this, many parameters also come. Like how is the management of the company. What business does the company do? How is the company's business going on? How much has the company grown annually, quarterly, half yearly etc. What are the future plans of the company. How was the past of the company, what could be its future etc.

If the result of the company is good in all these parameters or factors. So it is called Fundamentally Strong Stocks or Fundamentally Strong Company. Now it comes to Penny Stocks,

So friends, such stocks whose cost is very low. They are called Penny Stocks. Today I will tell you about all the stocks, the share price of all of them is very low and they are also fundamentally strong.

Fundamentally Strong Penny Stocks

So friends, you know what is meant by Fundamentally Strong Penny Stocks? Now I will tell you about Top Fundamentally Strong Penny Stocks. These stocks are as follows-

1. IRFC (Indian Railway Finance Corporation) Limited

Fundamentally Strong Penny Stocks are being talked about and the name of IRFC does not come, can it happen?…. Yes not at all. IRFC is a very good Penny Share. It is also very good fundamentally.

Along with this, its business is gradually spreading all over the country. Due to which its share price is also increasing significantly. Well friends, this is a government company. Which provides its services in Indian Railway i.e. Railway Stations. At present its cost is also very low.

There is a lot of hope for its growth in the future. Because it does not have any competing company, although there are some other companies. Which provides similar services in Railway Stations but Competition is negligible. Means we can say that the company can easily capture the whole country.

It also provides a good dividend to its shareholders. The eyes of experts and the eyes of retail investors always remain on IRFC.

2. RVNL (Rail Vikas Nigam limited)

RVNL whose full name is Rail Vikas Nigam limited. It is a government company. Most of the projects related to the infrastructure of Indian Railways are done by this company only. Since the pandemic, there has been a significant increase in the works related to the infrastructure of the Indian Railways.

RVNL Company handles many projects of Indian Railways such as New Lines Development, Doubling, Gauge Conversion, Railway Electrification, Metro Project, Workshops etc.

It is clear that this company has made its complete possession in Indian Railways. Why not even make it, this is also a government company which is provided full assistance by the government. Apart from this, the company also works on many other projects related to different railway infrastructure.

During the pandemic, it had got many projects which were stalled for some time but the company has gradually completed many projects and still work is going on in some big projects. Because of which a very good growth is visible in the revenue and profit of this company.

3. Urja Global Limited

Urja Global Limited comes at number three in the list of Fundamentally Strong Penny Stocks Under 100 Rs. This company remains very much in trend. Every day one gets to see and hear some news about it.

Urja Global is an emerging well-known company in the Renewable Energy Sector. The company says that it is one of the leading developer and operator companies in the Renewable Energy Sector. In which this company does all the work in this sector from design to commissioning and maintenance.

If seen in the Renewable Energy Sector, then this company has the products of the company in demanding categories like Solar Products, Electric Vehicles, Batteries etc. Apart from this, the company is planning to launch many more products related to Renewable Energy.

You must be aware that the renewable sector is growing rapidly. Its demand is expected to increase rapidly in the future as well. In such a situation, Urja Global Limited is definitely going to get full benefit of this increasing demand.

4. Trident Ltd.

Trident Ltd. Mainly a very popular company of Textile Sector. It has made a very strong hold in the Textile Sector. Apart from textile, it also pays great attention to paper business.

For information, let us tell you that the headquarters of this company is present in Ludhiana, Punjab. Its investors will be happy to know that the company's business is spread across 75 different countries along with 6 different continents. Which is a very good thing.

There is one more special thing about it. That it has always been at the top in delivering high quality products to its customers. Because of which its business has grown very fast and there are expectations of similar growth in future also.

At present (February 2023), its price is seen trading around 32 to 33 rupees. It may also happen that at the time you are reading this article, its price may be something else. For information, let me tell you that Trident Ltd. The company has also forayed into the clothing business.

5. NBCC (India) Limited

According to Money Control, NBCC is also a Penny Stock with a Strong Fundamental. Which has a lot of potential for future growth. NBCC is also a government company. Which does business in Project Management Consultancy, Engineering Procurement & Construction segment and Real Estate.

Its promoters i.e. the government holds up to 61.75 percent stake till February 2023. Public holds 23.99 percent stake, while the rest is held by Dll and Fll. Talking about debt on top of this, there is almost no debt.

Some websites also say that there is no loan on it. Along with this, the record of sales and profit of the company is also looking very good. It has also given dividend continuously, which is a very good thing. Its stock price has seen a good growth in the last one year. Further decline has also been observed. But the future of the company is looking very bright. Being a government company, the possibilities of this increase. That it can make its investors very rich in future.

6. Suzlon Energy Ltd.

The next name in the list of Fundamentally Strong Penny Stocks and Fundamentally Strong Penny Stocks Under 100 Rs is Suzlon Energy Ltd, a well-known company working on the Energy Sector.

Suzlon Company is a very popular company in the wind energy segment globally. Let us tell you that in the construction of Wind Turbine, it comes at number four in the whole of Asia and it comes at number eight in the whole world. From this you must have understood that how strong this company will be.

It is a well known company of India. About which you must have heard a lot before. It is doing business in this sector from a very long time. It handles all kinds of work in the field of wind energy, whether the work is small or big, the intervention of this company is definitely seen.

Suzlon Energy is one of the multinational companies of India. Whose office (Headquarter) is in India, Pune. This company was established in the year 1995. There was a time when Suzlon Energy used to be India's largest Renewable Energy company.

7. Alok Industries Limited

Most of the people are investing in the stocks of Alok Industries for this reason. Because a big company like Reliance has bought it. As soon as the name of Reliance Group is associated with this company, people started showing interest in it and because of this, the trust on this stock has also increased a lot.

Ever since Reliance started running this company. Since then its good results are coming out. And a lot of improvement is also being seen in the management of the company. However, the profit has not seen that much increase so far.

But there has been a very good growth in its sales. Alok Industries also comes in the list of Fundamentally Strong Penny Stocks Under 15 Rs. Its price is still very low but it is increasing gradually. Experts say that its price will increase significantly in the future as well.

Very good infrastructure is also seen near this company. Using which Reliance is seen expanding its textile business. You must think once about investing in it.

8. Ashapuri Gold Ornament Ltd.

Ashapuri Gold Ornament Ltd was established in the year 2008 and this company specializes in wholesale jewelery business. The company is primarily engaged in selling jewelery made of 22 carat gold. And you must know that how fast the gold prices are increasing.

In such a situation, there is bound to be a significant increase in the profit of this company. This company manufactures a lot of Toda set, Saloya, Pota jewellery, Choker set, bracelet and other antique jewelery and due to these products it has become popular.

Aashapuri Golds tries to serve all the customers ranging from high-end to mid-market value segment. Let me tell you for information that Malabar Gold, Titan and other similar companies are also included in its customers. The market capitalization of the company is 2.29 Billion INR.

And you will get its shares for less than Rs.100 at present. This is a very big and future stick company doing business of Gold. Due to which investors have high hopes. This company remains in the eyes of big investors to retail investors. Experts also have high hopes from it.

9. NACL Industries Ltd.

NACL Industries Limited is a well known Agrochemical manufacturing company. It serves to produce active components for agrochemicals for all the main crops grown. For information, let me tell you that this company exports its products to more than 30 countries.

And the domestic market also contributes to most of its revenue. Basically friends NACL Industries Limited is a Small Cap company. It has given very good returns to its investors so far. And experts say that its future is also very good.

This company can give very strong returns in future. If you do the best of its stock, then you will get to see it within 100 rupees. NACL Industries Limited is a very Fundamentally Strong Penny Stock to invest for the future.

According to the reports provided by the company, its total income in the last year has been Rs 1,031.35 crore. And the total sales stood at Rs 1,014.89 crore, which is very good. Talking about profit, the net profit of the company has been Rs 15.77 crore.

10. Piccadily Agro Industries Limited

By the way friends let me ask a question, do you drink. If not, that's a great thing. And if yes then also there is a good news for you. Because now the company I am going to tell you about manufactures liquor. The name of this company is Piccadily Agro Industries Limited.

This company mainly manufactures liquor. But apart from alcohol, it also manufactures sugar vigorously. Piccadily Agro Industries Limited has a sugar production capacity of 5,000 tonnes per day and a liquor production capacity of 90-kiloliters per day.

Its plant is located in Haryana. The company also boasts of a 6 MW In-house Cogeneration Power Plant. India's hospitality also has a big contribution in the sugar manufacturing work of the company. It is heavily supported by the government.

The share price of the company is also increasing rapidly. And you also get to see this share in the list of Fundamentally Strong Penny Stocks Under 50 Rs. This company is also a small cap company. Let us tell you that companies with Penny Stocks always remain small cap companies.

Fundamentally Strong Penny Stocks List in Table

IRFC (Indian Railway Finance Corporation) Limited
RVNL (Rail Vikas Nigam Limited)
Urja Global Ltd.
Trident Ltd.
NBCC (India) Limited
Suzlon Energy Ltd.
Alok Industries Limited
Ashapuri Gold Ornament Ltd.
NACL Industries Ltd.
Piccadily Agro Industries Limited

DISCLAIMER : Friends note that we are not a financial advisor registered by SEBI. Therefore, before investing in these companies, do think once and invest according to your own risk.

Frequently Asked Question

1. Can we become a millionaire by investing in Fundamentally Strong Penny Stocks?

Yes ofcourse! You can become a millionaire by investing in Fundamentally Strong Penny Stocks. But you have to invest for the long term.

2. Should we invest in Fundamentally Strong Penny Stocks?

Yes! You must invest in such stocks, even though there is a lot of risk in them. But they also give good returns.

3. How can we invest in Fundamentally Strong Penny Stocks?

You can invest in Fundamentally Strong Penny Stocks with the help of Apps like Upstox.

Conclusion (Fundamentally Strong Penny Stocks)

So friends, in this post you have learned about Fundamentally Strong Penny Stocks, Fundamentally Strong Penny Stocks Under 100 Rs, Fundamentally Strong Penny Stocks Under 50 Rs etc.

I hope you liked this post and you got to learn something new from it. Friends, I have tried to tell you about the best stocks. You can invest in them. But invest according to your budget.

Top 10 Fundamentally Strong Penny Stocks, Let's Go Through With Yuvapatrkaar

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