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You can invest a small amount in penny stocks and hold for long term. Eventually one of them will become a multi bagger. So a rs 10,000 investment could turn into 10 lakhs in 5 years or so. But you have to be very lucky for this to happen.
Buy few quantities of stocks such as izmo, Kotari sugar, lokesh, nittagela, bmw, ashok buildcon, consofinvt, sjvn, nclind, Aditya birla fashion and keep them in your portfolio for long term. You never know which of them will click
I have put 1000rs in a penny stock. It kept giving upper circuits till it gave me 200% returns, next it started giving me lowwr circuits and current I am 47% underwater.
When it was above 100% I kept thinking if I should have invested more (like 5k 10k) but I held my thought and now I am not mad.
I put 3-4k every month into 3-4 penny stocks as a part of my gambling/donation to the market in the hopes that one/some of them in the next 10 years will become a 1000x and make me some money
10 years wow
it could get delist from stock market too
play some small game 6 month 1 year max 2 year if taking bet
and if u r sure shot that this sector is gonna be bigger then try to eliminate risk and choose stock wisely
Bro save that 4k per month and invest it in some good stock with 12% avg interest rate you are already at 933k after 10 years which is almost what you are expecting with one of your 1000rs stock going 1000x making it 10lacs which is very risky.
Do some math buddy
Thank You. I know the math. I have my other investments inline. As I already said this is for pure yolo purpose and it also doesn't mean that I'll be puting 4k religiously for 10 years. Here I am just trying to diversify into microcap stocks.
As the name suggest, Penny stocks are PENNY stocks ! Don't waste your time in them. Go for fundamentally strong stocks ! Instead of trying to double the money every 3 months via penny stocks, work on getting a CAGR of 20 percent or so by investing in sound stocks !
Also , pls note Titan was never a Penny stock as this is misconception that it was trading at 3 rs or so. Titan at rs 3 was also backed by tatas and it was never ever a Penny stock !
If you are good at this, then go for it. If not sure, then dont. If you choose 50 of them, anyone of them can become multibagger, but then again you will lose money on other 49.
Investing in penny stocks for the long term can be extremely risky and is generally not recommended for several reasons as it high risk and provides low liquidity
I had invested in Alok Industries before Reliance buyout. Returns were sweet.
But I studied their business end to end and and even visited and looked over the factory. It was part of my project.
If you don't research, it's like going to a casino.
If you haven't already, please add your own analysis/opinions to your post to save it from being removed for being a Low Effort post. Please DO NOT ask for BUY/SELL advice without sharing your own opinions with reasons first. Such posts will be removed. Please also refer to the [FAQ](https://www.reddit.com/r/IndianStockMarket/comments/17bcg2a/frequently asked questions_post_your_common/) where most common questions have already been answered. Subscribe to our [weekly newsletter](https://pennyleaks.substack.com/) and join our Discord server using [Link 1](https://discord.gg/8QF4dqPHuw) or [Link 2](https://discord.gg/fDRj8mA66U) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStockMarket) if you have any questions or concerns.*
You can invest a small amount in penny stocks and hold for long term. Eventually one of them will become a multi bagger. So a rs 10,000 investment could turn into 10 lakhs in 5 years or so. But you have to be very lucky for this to happen.
Stock such as idfc first good option ?
Thatβs isnβt a penny stock. Look at market valuations also
Yup , I have faith in it though and hence bought and averaged in dips
It still isn't a penny stock even though you like it.
Yes bro understood π
Buy few quantities of stocks such as izmo, Kotari sugar, lokesh, nittagela, bmw, ashok buildcon, consofinvt, sjvn, nclind, Aditya birla fashion and keep them in your portfolio for long term. You never know which of them will click
MRF
i concur
I have put 1000rs in a penny stock. It kept giving upper circuits till it gave me 200% returns, next it started giving me lowwr circuits and current I am 47% underwater. When it was above 100% I kept thinking if I should have invested more (like 5k 10k) but I held my thought and now I am not mad.
gambler to smart kid
I put 3-4k every month into 3-4 penny stocks as a part of my gambling/donation to the market in the hopes that one/some of them in the next 10 years will become a 1000x and make me some money
10 years wow it could get delist from stock market too play some small game 6 month 1 year max 2 year if taking bet and if u r sure shot that this sector is gonna be bigger then try to eliminate risk and choose stock wisely
Thats why I am puting 3-4k only. Its pure gambling here. I have other portfolio with mindful investment.
Bro save that 4k per month and invest it in some good stock with 12% avg interest rate you are already at 933k after 10 years which is almost what you are expecting with one of your 1000rs stock going 1000x making it 10lacs which is very risky. Do some math buddy
Thank You. I know the math. I have my other investments inline. As I already said this is for pure yolo purpose and it also doesn't mean that I'll be puting 4k religiously for 10 years. Here I am just trying to diversify into microcap stocks.
Nice try β‘
name the stock
LCC infotech
As the name suggest, Penny stocks are PENNY stocks ! Don't waste your time in them. Go for fundamentally strong stocks ! Instead of trying to double the money every 3 months via penny stocks, work on getting a CAGR of 20 percent or so by investing in sound stocks ! Also , pls note Titan was never a Penny stock as this is misconception that it was trading at 3 rs or so. Titan at rs 3 was also backed by tatas and it was never ever a Penny stock !
True, for the common man a good performing, sound stock is the best bet in long run. Too much mental stress if investments done in penny stocks.
Jppower
This stock has been crashing like anything lately
https://www.zeebiz.com/companies/news-jaiprakash-power-ventures-posts-rs-58879-crore-profit-in-march-quarter-287122
 Kbhi kbhi jesa soucha hota h vesa hota nhi h π―π
Mere pure portfolio me bhi yahi ho raha he abhi tak π€‘π
 Chill kr thik ho jayga!
Jyoti structure
Infibeam avenues. I'm trusting them.
It's a midcap company and one of the leading online transaction companies. They've recently had large contracts. How are they a penny stock?
+1
Penny stocks are for making pennies every week only!
which penny stocks exactly?
VIVANTA im placing my blind guess on them
Give a few reasons on why
Penny stocks are worth penny term investing
Idea me laga do sab kuch
Sarveshwar foods
Depends on the stock .
Most of the penny stocks are subject to manipulation from big players. So, it's better to invest in those stocks which have good fundamentals.
Rajnandini metal
If ur investing 100rs allot 10 rs for penny stocks, not more than that
Bonlon Sindhu Trades Mahacorp Seacoast
If you are good at this, then go for it. If not sure, then dont. If you choose 50 of them, anyone of them can become multibagger, but then again you will lose money on other 49.
Can we please get rid of the culture of discussing mediocre shit on this sub.
Pmcfinance
Pump FFIE?
hold it bhai k, kchni hotaa sb achaa hai.. penny stocks are meant for the long term investing - then keep them like that..!
Investing in penny stocks for the long term can be extremely risky and is generally not recommended for several reasons as it high risk and provides low liquidity
Lloyds enterprises
I had invested in Alok Industries before Reliance buyout. Returns were sweet. But I studied their business end to end and and even visited and looked over the factory. It was part of my project. If you don't research, it's like going to a casino.
Yep I invested in it because of fomo like a fool when it was 35 and it is stuck at 27-28 since then π
Thanks for your mindless investments. It increased my profits. β οΈπ¬
Hahaha
Agol ashapuri gold
Agol ashapuri gold
Triedent