As of May 12, 2025, here are 50 penny stocks in India that investors might consider:
📈 Top 50 Penny Stocks in India (May 2025)
- Vodafone Idea Ltd – ₹6.70
A major telecom operator facing financial challenges but showing signs of recovery.
- RattanIndia Power Ltd – ₹9.85
Engaged in power generation, with potential growth in the energy sector.
- GTL Infrastructure Ltd – ₹1.35
Provides telecom infrastructure services; speculative but with turnaround potential.
- Unitech Ltd – ₹5.76
A real estate company undergoing restructuring; high risk with possible rewards.
- Rama Steel Tubes Ltd – ₹9.22
Manufactures steel tubes; consistent performance in the industrial sector.
- Salasar Techno Engineering Ltd – ₹8.12
Provides engineering and infrastructure solutions; steady growth observed.
- Steel Exchange India Ltd – ₹7.92
Involved in steel manufacturing; potential beneficiary of infrastructure development.
- Srichakra Cement Ltd
A cement company that has delivered substantial returns in 2025.
- Omansh Enterprises Ltd
Diversified business interests; notable performance in the current year.
- Swadeshi Industries Ltd
Engaged in manufacturing; has shown impressive gains recently.
- UCO Bank
A public sector bank with increasing investor interest.
- Punjab and Sind Bank
Another public sector bank attracting attention from institutional investors.
- Central Bank of India
One of the oldest banks in India, undergoing modernization efforts.
- Taparia Tools Ltd
Manufactures hand tools; known for quality products and steady demand.
- Prakash Steelage Ltd – ₹6.42
Produces stainless steel pipes; showing resilience in a competitive market.
- Goyal Aluminiums Ltd
Involved in aluminum products; benefiting from increased infrastructure spending.
- Accuracy Shipping Ltd – ₹7.62
Provides logistics solutions; capitalizing on the growth in e-commerce.
- Suzlon Energy Ltd – ₹52.67
A renewable energy company making a comeback with the global green energy push.
- Indian Infotech & Software Ltd – ₹0.90
Operates in the IT sector; speculative but with potential upside.
- Rajnandini Metal Ltd – ₹4.42
Engaged in metal trading; could benefit from commodity market trends.
- Vikas Ecotech Ltd – ₹2.17
Specializes in specialty chemicals; focusing on sustainable products.
- Indian Overseas Bank – ₹34.82
Public sector bank showing signs of improved performance.
- Yes Bank Ltd – ₹20.02
Private sector bank undergoing restructuring; potential for turnaround.
- Bank of Maharashtra – ₹48.34
Public sector bank with a focus on retail banking expansion.
- IRB Infrastructure Developers Ltd – ₹45.18
Engaged in road construction; poised to benefit from government projects.
- Reliance Power Ltd – ₹38.65
Part of the Reliance Group; involved in power generation and distribution.
- Trident Ltd – ₹26.77
Diversified group with interests in textiles and paper; consistent performer.
- IFCI Ltd – ₹39.19
Provides financial support for industrial development; potential growth ahead.
- Jaiprakash Power Ventures Ltd – ₹13.28
Involved in power generation; speculative with potential upside.
- Alok Industries Ltd – ₹15.98
Textile company with a strong export presence; part of the Reliance Group.
- Ujjivan Small Finance Bank Ltd – ₹40.76
Focuses on financial inclusion; expanding its footprint in rural areas.
- Lloyds Engineering Works Ltd – ₹49.99
Engaged in engineering and manufacturing; steady order book.
- PC Jeweller Ltd – ₹11.28
Jewelry retailer facing challenges; potential for recovery.
- Network 18 Media & Investments Ltd – ₹42.53
Media conglomerate with diverse holdings; part of the Reliance Group.
- South Indian Bank Ltd – ₹24.34
Private sector bank with a strong presence in South India.
- SpiceJet Ltd – ₹43.18
Low-cost airline facing industry challenges; speculative investment.
- Lloyds Enterprises Ltd – ₹47.45
Diversified business interests; steady performance in recent quarters.
- Vipul Ltd – ₹10.93
Real estate developer with projects across major cities.
- Twenty First Century Management Services Ltd – ₹65.44
Engaged in financial services; notable stock performance in 2025.
- Ind-Swift Ltd – ₹12.51
Pharmaceutical company with a range of products; potential for growth.
- Gujarat Toolroom Ltd – ₹1.29
Manufactures tools and equipment; speculative with potential upside.
- Ambitious Plastomac Company Ltd – ₹9.78
