Explore all penny stocks
Name | LTP | Change % | Volume | Market Cap (Cr.) | Day Range | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|
₹6.90 | -4.83% | 12,000 | ₹36.91 | ₹6.90 - ₹7.35 | ₹28.40 | ₹6.75 |
*Disclaimer: The scripts listed are solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
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Select Metal penny stocks with solid fundamentals, minimal debt, steady revenue, robust production capacity, and reputable promoters. See the demand for steel, aluminum, and other metals before investing.
Metal penny stocks also provide high growth opportunities, very low entry prices, and exposure to India’s expanding infrastructure, construction, and industrial sectors with significant upside if the business performs well.
Metal penny stocks are subject to high volatility and sensitivity to raw material prices, global commodity metal prices, debt levels, and market demand; therefore, they are only suitable for risk-tolerant and well-diversified investors.
Metal penny stocks shouldn't be considered suitable for beginners as the volatility, low liquidity and market risks involved make them a poor choice. For an investor with high risk tolerance and higher experience with investments, a metal penny stock might be worth looking into.
Metal penny stocks can provide upward returns in a high-growth scenario, but at the same time, they are very risky: just invest a maximum of 1% of the trading portfolio and diversify into other sectors.
For Indian Metal penny stocks, a price-earnings ratio of below 15-20 could suggest undervalued assets, however, investors should research the borrowing level for the sector, future expected capacity, cost of capacity and expected future traction before investing.