top Penny stocks to Buy

 what is Penny Stocks?

A common stock valued at less than one dollar, and therefore highly speculative. It is highly volatile in nature. means it has very huge fluctuation in price because it has very low value like in some rupees ( vary between 1 to 20) or in paise. Therefore it gives maximum return in very short time period like in months or may be in days. Penny stocks are high-risk securities with a small market capitalization that trade for a relatively low share price, typically outside of the major market exchanges.

Investors open accounts with top discount brokers who offer these high-risk investments in hopes of making the right picks.

Penny Stocks are also called seasonal stocks also because it trade most of time on season basis.

Example: Agriculture related products like chemicals, feeds, fertilizers, machinery etc. their stock prices are going high when the demand of that products are also getting high.

Top penny Stocks to buy in India.

ALOK INDUSTRIES LTD : Alok Industries Ltd, is an Indian Textile manufacturing company based in Mumbai, India. ISO 9001:2000 certified company. Its main business involves weaving, knitting, processing, home textiles, ready made garments and polyester yarns. It exports 26% of its products to over 90 countries in the US, Europe, South America, Asia and Africa.

Market Capitalization: 10328 Cr. 

Current Price: 20.8

Face Value: 1.00

Book Value: -36.1

ROCE: 4.08%

>Pros - company is expected to give good quarter.

           - company's Promoters have a 75% holdings of total shareholders fund.

>Cons - Company has low interest coverage ratio.

{Pro Tips : Prices may be changed when you will see this information, Before investing in these stocks please do fundamental analysis by your own}

DISH TV INDIA LIMITED: DishTV India is an Indian satellite television provider based in Noida, Uttar Pradesh with Yes Bank as its biggest stakeholder. DishTV was launched by the Zee Group on 2 October 2003. It ranked #437 and #5 on the list of media companies in Fortune India 500 roster of India's largest corporations in 2011.

Market Capitalization: 2090 Cr.

Current Price: 11.4

Face Value: 1.00

Book Value: 5.08

ROCE: 4.11%

>Pros - Company has reduce debt.

>Cons - Company has low interest coverage ratio.

           - the company has delivered a poor sales growth of -1.45% over past five years.

           - promotor holding is low which is just 5.93%.

           - company has a low return on equity of 1.52% in past 3 years.

           - Contingent Liabilities of Rs. 1813.63 Cr.

           - company's cost of borrowing is seems to be high.

{Pro Tips : Prices may be changed when you will see this information, Before investing in these stocks please do fundamental analysis by your own}

MOREPEN LABORATORIES LTD: Morepen Laboratories is one of the leading Pharmaceutical Companies for Active Pharmaceutical Ingredients & Formulations.

Market Capitalization: 1802 r.

Current Price: 36.1

Face Value: 2.00

Book Value: 11.6

ROCE: 21.4%

>Pros. - Company has reduce debt.

           - company is almost debt free.

           - company is expected to give good quarter.

           - Company has delivered good profit growth of 33.89%, CAGR over last 5 years.

           - Promoters holdings has increased by 2.20% over last quarter.

>Cons. - Though the company is reporting repeated profits, it is not paying out dividend.

{Pro Tips : Prices may be changed when you will see this information, Before investing in these stocks please do fundamental analysis by your own}

GMR INFRASTRUCTURE LTD : GMR Group is an Indian multinational conglomerate 
headquartered in New Delhi. The group was founded in 1978 by Gandhi Mallikarjun Rao (G M Rao) and comprises several companies including GMR Infrastructure, GMR Energy, GMR Airports, GMR Enterprises. Employing the public-private partnership model, the Group has implemented several infrastructure projects in India. The Group also has a global presence with infrastructure operating assets and projects in  several countries including Nepal, Indonesia, Singapore,  Philippines and Greece.

GMR Group owns, develops, operates and manages airports, major energy utilities, highways and urban infrastructure facilities. With a net asset base of nearly US $6 billion, GMR Group is one of the largest infrastructure development companies in India.

Market Capitalization: 20613 Cr.

Current Price: 34.2

Face Value: 1.00

Book Value: -1.35

ROCE: 4.14%

>Pros. - Company has reduced debt.

            - Debtors days have improved from 53.55 to 29.79 days.

>Cons. - Company has low interest coverage ratio.

            - Promoter holding has decreased over last quarter :- 0.93%.

            - The company have pledged 67.93% of their holding.

{Pro Tips : Prices may be changed when you will see this information, Before investing in these stocks please do fundamental analysis by your own}

HFCL Limited : Himachal Futuristic Communication Limited is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and Cr. manufacture and supply of high and telecom equipment, Optical Fiber, and Optic Fiber Cable.

Market Capitalization: 8074 Cr.

Current Price: 58.6

Face Value: 1.00

Book Value: 20.3

ROCE: 19.2%

>Pros. - Company's Median Sales Growth is 15.21% of last 10 years.

>Cons. - Company has  a low return on equity of 13.80% for last 3 years.

             - Promoters have pledged 44.72% of their holding.

             - Dividend payout has been low at 2.63% of profits over last three years.

             - Company's cost of borrowing seems high.

{Pro Tips : Prices may be changed when you will see this information, Before investing in these stocks please do fundamental analysis by your own}

MMTC LTD. : MMTC supplies gold on loan and outright basis to the exporter bullion dealers and Jewellery manufacturers on all India basis. MMTC has retail Jewellery & its own branded Sterling Silverware (Sanchi) showrooms in all the major metro cities of India. MMTC also supplies branded hallmarked gold and studded Jewellery.

Market Capitalization: 5130 Cr.

Current Price: 34.2

Face Value: 1.00

Book Value:  -1.36

ROCE: -0.90% 

>Pros. - Company has reduced debt.

           - Company is expected to give good quarter.

>Cons. - Company has low interest coverage ratio.

            - Company has a low return on equity of -1.60% for last 3 years.

{Pro Tips : Prices may be changed when you will see this information, Before investing in these stocks please do fundamental analysis by your own}

Vodafone Idea Limited : Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.

Market Capitalization: 25599 Cr.

Current Price: 7.97 

Face Value: 10.0

Book Value: -19.3

ROCE: -10.4%

>Pros. - Promoter holding has increased by 2.94% over last quarter.

>Cons. - Company has low interest coverage ratio.

            - The company has delivered a poor sales growth of 1.60% over past five years.

{Pro Tips : Prices may be changed when you will see this information, Before investing in these stocks please do fundamental analysis by your own}