Top 5 Penny Stocks
(Based on 5-Year CAGR)
(Data as of September 20, 2023)
Brightcom Group Ltd.
Business: Provides digital marketing services and development of computer software and services.
5-year CAGR: 52.68% D/E ratio: 0.00 ROE: 21.33%
Wardwizard Innovations & Mobility Ltd.
Engaged in the manufacturing and selling of electric vehicles, spare parts and other related services.
5-year CAGR: 40.69% D/E ratio: 0.00 ROE: 18.77%
Ajanta Soya Ltd.
Engaged in manufacturing vanaspati and various kinds of refined oil. The portfolio of brands includes Dhruv, Anchal and Parv.
5-year CAGR: 31.47% D/E ratio: 0.00 ROE: 41.68%
Veeram Securities Ltd.
Formerly known as Veeram Ornaments Limited, it is a wholesaler, trader and retailer of branded jewellery and ornaments.
5-year CAGR: 28.47% D/E ratio: 0.00 ROE: 24.30%
Abirami Financial Services (India) Ltd.
Involved in the hire, purchase, leasing and lending of money against securities, movable and immovable properties.
5-year CAGR: 26.58% D/E ratio: 0.00 ROE: 97.14%
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