Tue, 18 Jul 2023
Top 10 Fundamentally Strong Penny Stocks
I will tell you about the top 10 stocks, seeing them and reading about them, you will definitely want to buy them, because these stocks are very good, and they have also given good returns in the past. Let's see with yuvapatrkaar Top 10 Fundamentally Strong Penny Stocks
#10 Piccadily Agro Industries Limited
This company mainly manufactures liquor. But apart from alcohol, it also manufactures sugar vigorously. 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.
#9 NACL Industries Ltd
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 sale has been Rs 1,014.89 crore, which is a very good thing. Talking about profit, the net profit of the company has been Rs 15.77 crore.
#8 Ashapuri Gold Ornament Ltd
The company specializes in the wholesale jewelery business. The company is primarily engaged in selling jewelery made of 22 carat gold. Let me tell you for information that Malabar Gold, Titan and other similar companies are also included in its customers.
#7 Alok Industries Limited
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, there has not been a significant increase in profit so far.
#6 Suzlon Energy Ltd
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.
#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
#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.
#3 Urja Global Limited
Urja Global Limited comes at number three in the list of Fundamentally Strong Penny Stocks Under 100 Rs. These companies remain very much in trend, one gets to see and hear some or the other news about it.
#2 RVNL (Rail Vikas Nigam limited)
This is a government company, which mostly does all the projects related to the infrastructure of Indian Railways. Since the pandemic, there has been a significant increase in the works related to the infrastructure of the Indian Railways.
#1 IRFC (Indian Railway Finance Corporation) Limited
There is a lot of hope for its growth in the future because it does not have any competitive company, although there are some other companies which provide similar services in Railway Stations, but the competition is negligible.