"Penny stocks" is a well defined term you would be familiar with. These are the stocks which trade at very low prices. In US penny stocks are said to trade below $5 and in India penny stocks trade below ₹10 and have their market capitalization under 100 Crores. These stocks are highly vulnerable to bankruptcy and investing in them is very risky.
But PENNY PLUS stocks are high grade variety of penny stocks. These are less riskier in terms of bankruptcy and leverage. Penny plus stocks have their trading price in the range of ₹10 to ₹50 and their market capitalization lies in the range of 50 to 100 Crores. These stocks are hidden gems and we are consistently researching on them and delivering such stocks.
These stocks have huge potential to grow and they can multiply your wealth upto 10X every 4 years. If you invest ₹10k in such stock today, it will become ₹1lac in year 2022, ₹10lac in year 2026 and ₹1Cr till year 2030. Holding these stocks is the fastest way to become a multimillionaire. You can literally become a crorepati in just 12-15 years from now just by investing in the right penny plus stocks.
But is it so easier to find such stocks, No. The main problem faced while judging these stocks is their size. Since their size is small and they have little experience, one can not easily rely on them. Sometimes they get good orders and many times not. The whole business along with the management should have the capability to increase margins and making their products, cost effective but tech savvy at the same time.
When it comes to investing, it is important to consider the strength of the company’s fundamentals. Does the management team rely on issuing new shares to raise capital? Is the company profitable or will it be able to turn a profit based on its current business structure? Can the company compete in its sector? For those willing to do their homework, there are definitely gems that can be found that meet these criterion.
We recommended STAR PAPERS at ₹ 32 only and it is trading near 218 after making high of 318 in 4 years only. SHAILY ENGG recommended at 72 is now trading at 1100 after making high of 1510 giving 20X returns in just 5 years. These returns are actually possible due to diligent research done by our team.
Price action is also a key to find out which penny plus stock is getting ready to become star in the market. Still its not a easy task to find stocks which will make you a multimillionaire in 12 to 15 years only.
If you need any assistance from our side please write us at : firstname.lastname@example.org
We would be happy to assist you in making you a crorepati !!