Penny stocks, also known as penny shares, are shares of small companies that are available for a price less than Rs. 1. These are, in fact, high-risk investments.  Although such stocks have the potential to bring huge returns, the risk is higher compared to other stocks. Getting started with penny stocks makes it hard for investors to remove itself from such risky investments, thanks to the exorbitant returns.

What Are Penny Stocks Below Rs 1

Investors looking for high-risk, high return opportunities that may fetch more than 100 percent returns in short durations should look into penny stocks below Rs. 1. These stocks are mostly illiquid and speculative investment opportunities in small companies. Another disadvantage is these penny stocks in India below 1 rupee are mostly illiquid and speculative in nature. This lack of liquidity makes them highly risky investments.

Here we have curated a list of below Rs 1 penny stocks, they are profitable. However, do your own research before investing in such stocks and take SEBI Research Advisor’s advice.

Multibagger Penny Stocks Below Rs 1: Shalimar Productions Limited

Based in Mumbai, India and founded in 1985, Shalimar Productions Limited is a media and media products company. The company creates regional albums, short films, and feature films. Shalimar Productions Limited specializes in the production of Indian pop music that can be heard on radio networks in India and elsewhere in Asia.

Multibagger Penny Stocks Below Rs 1 : MFL India LTD (MFL)

It is in the business of transportation and logistics. Through its subsidiaries, it offers freight management, cargo brokerage, intermodal services, etc. The company operates through the Transportation and Cargo segment. MFL India LTD was incorporated on November 11, 1963 and is headquartered in Delhi, India.

Multibagger Penny Stocks Below Rs 1 : Gold Line International Finvest Ltd

This organization provides a wide array of financial services, including money market operations and treasury management. It also buys, sells, and holds shares, debentures, bonds, stock, and units; and performs as an administrator for several investment trusts. The firm also offers margin funding and corporate and personal loans; stock and securities trading; trade finance; bills discounting solutions; among others.

Multibagger Penny Stocks Below Rs 1: Antarctica Ltd

Antarctica Limited is a supplier of paper-based packaging products in India, especially in the areas of tea bags and hard tags. The company also produces and sells folding cartons with an inner liner for powder, granular materials, liquids lock bottoms, reverse tuck-in boxes, books, pamphlets, labels, posters, and printed hard tags for teabag manufacture.

Multibagger Penny Stocks Below Rs 1: Maharashtra Corp Limited

Headquartered in Mumbai, India, Maharashtra Corp Ltd. is an investment, trading, and distribution firm specializing in agriculture and textile products. The company sells viscose and printed fabrics, dyed and semi-synthetic fabrics, speciality jacquards, as well as raw cashew nuts and other agricultural products. It was established in the year 1982 .