WHAT ARE PENNY STOCKS :-
A PENNY STOCK generally refers to the stock of a small company that trades for lower than$ 5 per share. But in history, PENNY STOCKS have considered any stocks that traded for lower than one bone
Per-share. latterly, the U.S. SECURITIES AND EXCHANGE COMMISSION has modified the description.
WHAT ARE THE FACTORS TO CONSIDER WHEN PICKING THE RIGHT PENNY STOCKS FOR INVESTING?
Below are the factors one should check before investing in any penny stock
Low or Zero Debt
Deals and Profit growth CAGR
TOP 5 Stylish PENNY STOCK TO BUY 2022
URJA GLOBAL COMPANY
This Company has just presented its Q3 results. And the company is seen reserving veritably good gains in it. Since also the company’s share price is showing good growth. Right now the share price of URJA GLOBAL COMPANY is running at ₹ 10.
But veritably soon the share price of this company can see good growth. Because this company is working on its new design with a veritably good plan. URJA GLOBAL COMPANY is now fastening on making electric vehicles along with solar energy. Along with this, the company is also working on domestic electric products. thus, for some time now, there’s been a good jump in the share price of URJA GLOBAL COMPANY.
The share of URJA GLOBAL COMPANY is presently trading at ₹ 10. But if stock request judges are to be believed, also global share price target can be seen from ₹ 15 to ₹ 20 in 2022.
SUZLON ENERGY COMPANY
The company is at number 2 in our list of top 5 stylish penny stocks to invest in 2022.
This company is getting a big company in the field of solar energy. In view of adding trouble to pollution, our government of India is also promoting companies making solar energy.
Due to this, the company can be seen making good growth in the coming time.
Suzlon energy share price moment is running at ₹10.55. Looking at the ongoing rally in this, it seems that Suzlon’s energy share price target can go up to 11 ₹tomorrow. However, also there can be a huge jump in the price of this share If the Suzlon energy share crosses this position.
VODAFONE IDEA TELECOM COMPANY
The third number in this list we’re talking about is the VODAFONE IDEA share. There has been a lot of jump in this stock for some time now.
But due to not keeping up with the times and the entry of other companies into the telecom sector, the company was continuously dwindling.
But for some time now, this company has blazoned its new design 5g and medications are being made to deposit finances for it.
The Vodafone idea share price, which had been falling for the last several times, had fallen to ₹ 2. But, for some time now, there’s a veritably good rally Vodafone idea share. At this time the stock is trading explosively at ₹ 13.
JP POWER COMPANY
The company was started in the time 1994. the share price of JP POWER COMPANY is showing good growth for some time now.
Due to the addition of power consumption in electric vehicles and home products, there’s a good jump in the share price of all the companies in the power sector. JP POWER COMPANY IS fastening on adding its power generation capacity.
So if the judges of the stock request are to be believed, also JP POWER’s share price target can be over to ₹ 12 in 2022.
Looking at this, we can say that if this target is completed, also you can hold the share of JP POWER COMPANY for the coming target of ₹ 14.
In the list of stylish penny stocks to buy in 2022, the name of the fifth company is IFCI. The stock is presently trading above ₹ 16. One can hold from ₹ 25 to ₹ 30.
I hope that the information given by me will help you to understand penny stock. Invest in these penny stocks as much as you can go to risk.
AMC MEANS – ASSET OPERATION COMPANIES.
There are so numerous AMCs. The top 10 AMCs in India are
- ICICI Prudential Mutual Fund.
- Reliance Mutual Fund.
- Aditya Birla Sun Life Mutual Fund.
- DSP BlackRock Mutual Fund.
- Kotak Mutual Fund.
- Tata Mutual Fund.
- star collective Fund.
- L&T Mutual Fund.