For investors aiming to enter the stock market with limited capital, penny stocks (under ₹10–₹15) can offer a potential opportunity for massive returns. These low-cost shares are often volatile, but if chosen wisely, they can lead to multi-bagger gains. Here’s a structured list of such Indian stocks currently trading at low prices and catching investor interest.
🔥 Penny Stocks Under ₹10 With Positive Market Sentiment
These stocks are actively traded and showing notable price movements:
- Sundaram Multi Pap Ltd – Operates in the paper and stationery sector with consistent trading volumes.
- Kanani Industries Ltd – A player in the diamond and jewelry segment with improving turnover.
- Mittal Life Style Ltd – Known for textile and apparel distribution at budget prices.
- Bhandari Hosiery Exports Ltd – A textile exporter showing slow but steady movement.
- Prakash Steelage Ltd – Deals in stainless steel pipes and tubes; seeing periodic price spikes.
- RattanIndia Power Ltd – A known name in power generation, often in focus due to energy reforms.
- Vikas Lifecare Ltd – Diversified presence in specialty chemicals and allied sectors.
- FCS Software Solutions Ltd – Offers IT solutions and services; often buzzed about due to its low stock price.
- Rajnish Wellness Ltd – Operates in the health and wellness space, with retail-level recognition.
- Rhetan TMT Ltd – Steel sector stock gaining traction due to infrastructure push.
- Mangalam Industrial Finance Ltd – NBFC company with high speculative interest.
- Empower India Ltd – A microcap finance and IT services firm with sharp price movements.
- Sunshine Capital Ltd – Another low-value finance stock with frequent upper circuits.
- Sarveshwar Foods Ltd – Food and agro products exporter with relatively strong fundamentals.
🧾 Fundamentally Strong Penny Stocks (Still Priced Below ₹10–₹15)
These companies are financially healthier than typical penny stocks:
- Spright Agro Ltd – Operates in agriculture and agro-processing with impressive return ratios.
- Mishtann Foods Ltd – Known for packaged rice and spices, posting healthy profits and low debt.
- Kretto Syscon Ltd – A small player in real estate development showing explosive stock growth.
- DCM Financial Services Ltd – A finance firm that has offered excellent long-term returns with periodic spikes.
- Kashyap Tele-Medicines Ltd – Works in telemedicine solutions and has shown renewed investor interest.
- Thinkink Picturez Ltd – Media and entertainment company; attracted momentum after management changes.
⚙️ Small-Cap Stocks Around ₹10–₹15 That Are Still Under the Radar
These stocks often hover just above ₹10 but are still considered micro-caps:
- Vodafone Idea Ltd – A telecom sector stock often traded heavily by retail investors.
- GTL Infrastructure Ltd – Passive telecom infra company with historical value dips.
- Unitech Ltd – Real estate player trying to regain momentum after past legal challenges.
- Salasar Techno Engineering Ltd – A fabrication and engineering company with potential growth.
- Dish TV India Ltd – DTH operator, frequently traded due to media industry movements.
- Steel Exchange India Ltd – Works in steel production; fundamentals have improved recently.
- Jaiprakash Associates Ltd – Known for construction and infrastructure projects; speculative pick.
- Vertoz Ltd – Operates in the digital advertising and media monetization space.
🗣️ Community-Focused or Market Buzz Stocks
Some stocks are popular among retail forums and communities for their low entry price:
- GG Engineering Ltd – Manufacturer of industrial and diesel engines with periodic rallies.
- Syncom Formulations Ltd – Pharma sector company in the microcap space.
- Cropster Agro Ltd – A small agri-business stock occasionally showing large swings.
- Vintron Informatics Ltd – Tech products manufacturer gaining traction among penny stock traders.
⚠️ Key Risks and Considerations
Before investing in any of these, keep the following in mind:
- High volatility: Prices may change drastically in a short time.
- Limited liquidity: Selling large volumes quickly may be difficult.
- Market manipulation risk: Some stocks may be influenced by pump-and-dump activities.
- Check fundamentals: Always review financials, promoter holding, and business model.
✅ How to Build a Penny Stock Strategy
- Diversify across industries to reduce sectoral risk.
- Set exit points to lock in profits or prevent large losses.
- Avoid over-allocation; these should make up a small portion of your portfolio.
- Track volumes and news to ensure you’re entering based on logic, not hype.