Top 5 Penny Stocks

in January 2024

Penny stocks in India are shares of companies that trade for less than ₹10 per share.

Global Capital Markets Ltd

This company is involved in the business  of trading, commodity trading and  investing in shares.

• Market Cap: ₹41.82 crore Closing Price: ₹1.15 1-yr Returns: 505.26% 5-yr CAGR: 155.80%

Comfort Intech Ltd

This is a Non-Banking Financial Company (NBFC) that offers financial services to industrial, commercial and financial customers.

• Market Cap: ₹286.02 crore Closing Price: ₹8.70 1-yr Returns: 234.62% 5-yr CAGR: 138.39%

Standard Capital Markets Ltd

This company is involved in the non- banking financial activity.

• Market Cap: ₹416.01 crore Closing Price: ₹2.93 1-yr Returns: 216.76% 5-yr CAGR: 130.19%

Mid India Industries Ltd

This company is involved in the  manufacturing of cotton

• Market Cap: ₹14.56 crore Closing Price: ₹8.75 1-yr Returns: -7.89% 5-yr CAGR: 97.66%

Sawaca Business Machines Ltd

This company is involved in the business of trading and exports of products, such  as cotton bales and metal scraps.

• Market Cap: ₹13.39 crore Closing Price: ₹1.23 1-yr Returns: 3.36% 5-yr CAGR: 89.75%

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**Disclaimer: Penny stocks are high-risk investments. Conduct thorough research and consult a financial advisor.