Penny Stocks are known for their illiquid status, a select few can deliver massive gains in a short span. They are considered risky for making massive investments as they have substantial downside including loss of invested capital.
The Indian Stock Market with two renowned stock exchanges – NSE and BSE have many companies listed that can fall in the penny stock category.
Here is the list of the best-performing penny stocks over the past 12 months. They have more leg room to grow considering some are fundamentally sound and are aggressively growing.
Here is the list of the worst-performing penny stocks over the past 12 months. It is better to stay away from them. Do not fall into the trap of buying it as they have corrected.
This post is not a recommendation to invest in penny stocks but only a reply to the query asked. There are companies that have gone from Midcap space to Penny Stock Category. Hence understand the company’s business, competition, and growth prospects prior to investing.
I am sharing an example of a stock that is in the penny stock category
Also, add some more posts linked to this, that you can utilize to make your investment analysis
- What are the best equity funds to invest in for the short-term and long-term in June 2022?
- What are some good-quality stocks that I can blindly accumulate during a market correction in 2022?
- What are the best equity funds to invest in for the short-term and long-term in June 2022?
- Is this the right time to liquidate investments in mutual funds or should one wait?
Hope this helps
You can follow my blog or Facebook page on investing for getting insight into other stocks.
Happy Investing!!
References:
Lateral Thinking 
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