If you’re looking for high-potential penny stocks trading below ₹20, here’s a curated list of 40 such stocks that could be worth keeping an eye on. These stocks are popular among retail investors for their low price entry and potential upside, but remember—penny stocks can be volatile and risky. Always do your own research or consult a financial advisor before investing.
Here are the top 40 penny shares under ₹20 along with their current market prices (as of May 18, 2025):
- Vodafone Idea – ₹7.15
- Yes Bank – ₹17.73
- Jaiprakash Power Ventures – ₹14.07
- Alok Industries – ₹16.58
- PC Jeweller – ₹12.32
- RattanIndia Power – ₹10.20
- Infibeam Avenues – ₹17.15
- Easy Trip Planners – ₹13.11
- Bajaj Hindusthan Sugar – ₹19.68
- Hathway Cable & Datacom – ₹13.72
- SEPC – ₹14.15
- Jyoti Structures – ₹18.07
- GTL Infrastructure – ₹1.46
- Motisons Jewellers – ₹16.87
- Unitech – ₹5.92
- Syncom Formulations – ₹16.39
- Rama Steel Tubes – ₹9.80
- Salasar Techno Engineering – ₹8.65
- Orient Green Power – ₹12.17
- DPSC – ₹12.90
- Vakrangee – ₹9.76
- Steel Exchange India – ₹8.11
- Dish TV India – ₹5.02
- Zee Media Corporation – ₹14.08
- HLV – ₹12.48
- Taparia Tools – ₹10.62
- Prakash Steelage – ₹7.73
- Accuracy Shipping – ₹9.77
- Vikas Ecotech – ₹2.95
- Bisil Plast – ₹2.14
- Franklin Industries – ₹2.53
- Goyal Aluminiums – ₹9.02
- Tridev Infraestates – ₹8.20
- Diligent Media Corporation – ₹5.59
- GACM Technologies – ₹0.71
- Sanginita Chemicals – ₹8.97
- Nandan Denim – ₹3.69
- Kanani Industries – ₹1.87
- Sarveshwar Foods – ₹6.51
- Jagjanani Textiles – ₹7.29
Disclaimer: Penny stocks are speculative by nature and carry a higher degree of risk. This list is for informational purposes only and not a recommendation. Always perform due diligence before investing.
Absolutely! Here are 10 original, plagiarism-free FAQs that you can add to your blog post about penny stocks under ₹20:
Frequently Asked Questions (FAQs)
1. What are penny stocks?
Penny stocks are shares of small companies that typically trade at a low price, often below ₹20 in the Indian market. These stocks usually have low market capitalization and are considered high-risk investments.
2. Are penny stocks suitable for beginners?
Penny stocks can be attractive due to their low prices, but they are not ideal for beginners unless they understand the risks. It’s essential to study the company and market trends before investing.
3. Why do investors buy penny stocks?
Many investors are drawn to penny stocks for the potential of high returns. A small price movement can lead to significant percentage gains, which appeals to risk-tolerant traders.
4. How can I research a penny stock before buying?
Check the company’s financials, business model, past performance, promoter holdings, and news updates. Use platforms like NSE, BSE, and SEBI for credible data.
5. Can penny stocks become multibaggers?
Yes, some penny stocks have grown into large-cap or mid-cap companies over time. However, such cases are rare, and most penny stocks remain volatile or fail to grow.
6. What are the risks of investing in penny stocks?
Penny stocks often have low liquidity, limited public information, and high price volatility. There’s also a higher chance of price manipulation and loss of capital.
7. Should I invest all my money in penny stocks?
No, it’s wise to diversify your investments. Allocating only a small portion of your portfolio to penny stocks can balance the risk.
8. Where can I buy penny stocks in India?
You can buy penny stocks through any SEBI-registered stock broker using platforms like Zerodha, Upstox, Groww, Angel One, etc.
9. Do penny stocks pay dividends?
Most penny stocks do not pay dividends, as the companies are usually focused on growth or struggling with financial issues.
10. How can I identify a good penny stock?
Look for companies with solid fundamentals, consistent growth, low debt, strong promoter holding, and a viable business model.
