When beginning your Penny stock market journey, you don’t need to invest a large amount of money. We’ve curated a list of stocks priced below ₹10 per share, each with strong potential for future growth. These stocks have been carefully selected after evaluating price trends, news, market speculation, and fundamental analysis.
Here are more stocks priced below ₹10 per share that show promising growth potential. These selections have been made after careful analysis of price trends, market news, speculation, and fundamental factors, ensuring they align with the criteria of being affordable yet capable of delivering value in the future.
1) Vikas Lifecare Ltd.
About the Company: Vikas Lifecare Ltd. operates in the business of trading and manufacturing polymer compounds, specialty chemicals, and recycling materials. The company caters to industries like agriculture, packaging, and infrastructure, focusing on sustainable solutions.
Positives:
- The company has shown a strong profit growth of 18.5% CAGR over the past five years.
- It maintains a low debt-to-equity ratio, indicating financial stability.
- Recent partnerships in the recycling sector have boosted its growth prospects.
Negatives:
- The company has experienced inconsistent revenue growth, with a decline of 2.5% over the past five years.
- Promoter holding is moderate at 35.2%, which might concern some investors.
- The stock is highly volatile due to its penny stock nature, increasing investment risk.
2) Trident Texofab Ltd.
About the Company: Trident Texofab Ltd. is involved in the textile industry, focusing on the production and trading of fabrics, yarn, and garments. It serves both domestic and international markets, with a focus on affordable textile solutions.
Positives:
- The stock is trading at 0.95x its book value, making it an attractive buy.
- The company has reduced its debt significantly over the past two years.
- It has shown steady profit growth of 15.3% CAGR over the last five years.
Negatives:
- Sales growth has been modest at 4.2% over the past five years, lagging behind industry peers.
- The company’s return on equity is low at 2.1% over the last three years.
- Low liquidity due to limited trading volumes may lead to price volatility.
3) Sintex Plastics Technology Ltd.
About the Company: Sintex Plastics Technology Ltd. specializes in plastic products and solutions, including water storage tanks, prefab structures, and custom molding for automotive and industrial applications.
Positives:
- The company has a strong presence in the water storage solutions market, a growing sector in India.
- It has reduced its debt burden significantly in recent years.
- The stock is priced at a low multiple of its book value, offering value for investors.
Negatives:
- The company has faced challenges with sales growth, declining by 10.5% over the past five years.
- Promoter holding is low at 28.6%, which might indicate a lack of confidence.
- The company has been inconsistent in profitability, with recent quarters showing losses.
4) GTL Infrastructure Ltd.
About the Company: GTL Infrastructure Ltd. provides telecom tower infrastructure services to support India’s growing telecom network. It focuses on leasing towers to major telecom operators, benefiting from the expansion of 5G and digital connectivity.
Positives:
- The company stands to benefit from the ongoing 5G rollout in India, driving demand for telecom infrastructure.
- It has shown improvement in operational efficiency, reducing losses over the past year.
- The stock is trading at a very low price, making it accessible for small investors.
Negatives:
- The company has a high debt burden, which poses a financial risk.
- Sales growth has been negative at -7.8% over the past five years.
- Promoter holding is extremely low at 3.2%, raising concerns about governance and long-term commitment.
5) Alok Industries Ltd.
About the Company: Alok Industries Ltd. is a textile manufacturing company that produces a wide range of products, including cotton yarn, apparel fabrics, and home textiles. It has a strong export presence and serves major global brands.
Positives:
- The company has a diversified product portfolio, reducing dependency on a single market.
- Recent restructuring efforts have improved its financial health, reducing debt levels.
- The stock is trading at a low price-to-book ratio, offering value for investors.
Negatives:
- The company has struggled with profitability, reporting losses in recent quarters.
- Sales growth has been sluggish at 1.2% over the past five years.
- Promoter holding has decreased to 29.8% over the past three years, which might signal uncertainty.
List of Penny Stocks Under 10 Rs
Stock Name | Segment | CMP (21st April 2025 ) | Market Cap in Cr (21st April 2025 ) | PE Ratio | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|
| Vodafone Idea Ltd | Telecommunication – Service Provider | 8.03 | 79,307 | -2.85 | 19.18 | 6.61 |
| GTL Infrastructure Ltd | Telecommunication – Equipment | 1.50 | 1,909 | -2.26 | 4.33 | 1.34 |
| Salasar Techno Engineering Ltd | Capital Goods | 9.67 | 1,668 | 34.50 | 23.28 | 7.80 |
| UniTech Ltd | Real Estate | 6.59 | 1,648 | -0.44 | 13.20 | 5.57 |
| Steel Exchange India Ltd | Metals & Mining | 8.66 | 1,013 | 25.03 | 15.80 | 7.06 |
| Dish TV India Ltd | Telecom | 5.49 | 1,011 | -0.49 | 18.40 | 5.00 |
| Jaiprakash Associates Ltd | Construction Materials | 3.51 | 916 | -0.36 | 22.00 | 2.81 |
| Vertoz Ltd | Software & IT Services | 8.61 | 699 | 28.28 | 44.50 | 7.83 |
| Sarveshwar Foods Ltd | Agri | 7.00 | 676 | 30.04 | 12.28 | 5.62 |
| Nandan Denim Ltd | Textiles | 4.01 | 587 | 11.63 | 7.35 | 3.05 |
See More Top 10 Penny Stock Below 10 Rupees 2025
1) Sundaram Multi Pap
About the Company: Sundaram Multi Pap Ltd is a company engaged in e-learning and stationery products for schools and offices.
Positives:
- The number of debtor days has decreased from 82.9 to 40.2 days.
Negatives:
- The company’s interest coverage ratio is inadequate.
- Over the last five years, the company’s revenue growth has been dismal at 1.44%.
- Promoter stake is low at 31.1%.
2) Kanani Industries
About the Company: Kanani Industries Ltd is involved in the manufacturing and export of diamond-studded jewelry.
Positives:
- The company has low debt.
- Zero promoter pledge.
- Strong annual EPS growth.
Negatives:
- The company has delivered poor sales growth of -8.06% over the past five years.
- The company has a low return on equity of 1.38% over the last three years.
- The company might be capitalizing on the interest cost.
3) Mittal Life Style
About the Company: Mittal Lifestyle Ltd offers denim and bottom-weight fabrics.
Positives:
- The company’s debt has decreased.
- The company has nearly no debt.
Negatives:
- Despite consistently declaring profits, the company does not provide dividends.
- Promoter holding is down by 14.3% from the previous quarter.
- Over the last five years, the company’s revenue growth has been poor at a rate of -4.52%.
4) Bhandari Hosiery Exports Ltd.
About the Company: Bhandari Hosiery Exports is engaged in the textile business, including design and development, knitting, dyeing, and finishing of fabrics and garments. With a broad range of offerings, technical expertise, international reach, and a state-of-the-art in-house manufacturing facility, it provides tailored design solutions to customers.
Positives:
- The stock is trading at 0.81x its book value.
Negatives:
- The company’s interest coverage ratio is low.
- Over the past five years, the company’s sales growth has been poor at 5.77%.
- Low promoter ownership at 25.0%.
5) Prakash Steelage Ltd.
About the Company: Prakash Steelage Limited is a leading manufacturer of high-quality stainless steel welded pipes, tubes, and U-tubes. Its customer base spans diverse industries such as oil & gas, power, pharmaceutical, petrochemical, sugar, dairy, automobile, and desalination. The company’s products are widely accepted in markets across North America, Southeast Asia, Africa, the Middle East, and Europe.
Positives:
- The company has reduced its debt.
- Over the past five years, the company has achieved strong profit growth of 24.2% CAGR.
- The number of debtor days has decreased from 73.5 to 30.8.
Negatives:
- Over the last five years, the company has delivered a dismal sales growth of -20.5%.
- Low promoter ownership at 33.4%.
- Earnings include ₹126 crore in other income.
- Promoter holding has decreased by 14.8% over the past three years.
Important Note
Key Factors to Evaluate Before Investing in Stocks Under ₹10
To make well-informed investment decisions, you must consider several critical factors before investing in any stock. Below are the key aspects to evaluate when investing in stocks priced below ₹10:
Company Fundamentals: Before investing, thoroughly analyze the company’s financial statements, including its earnings, expenses, and overall financial health. Ensure the company has a consistent profitability track record and is financially stable.
Performance Quality: Assess the competence of the company’s top management and its historical performance to gauge its reliability and growth potential.
Risk Assessment: Stocks priced below ₹10 often carry higher risks. It’s crucial to evaluate the company’s risk profile to understand the potential challenges it may face.
Market Dynamics: Analyze broader market trends to determine if the company is in a growth phase. Understanding market demand for the company’s products or services can help predict its growth potential.
Liquidity: Liquidity is a critical factor, especially for low-priced stocks. Check the stock’s average daily trading volume and ensure it has sufficient liquidity to facilitate buying and selling without significant price fluctuations.
Why Invest in Penny Stocks Under ₹10 in 2025?
Here are compelling reasons to consider investing in penny stocks priced under ₹10 in 2025:
Potential to Become Multi-Baggers: Penny stocks have the capacity for exponential growth, with some transforming into multi-baggers, delivering returns far exceeding the initial investment.
Early Investment Opportunity: Many penny stocks are initially overlooked by mainstream investors, providing early investors the chance to buy at a low price (under ₹10) before the stock gains broader market attention.
Characteristics of Penny Stocks Under ₹10 in India
Penny stocks attract investors seeking high-growth opportunities at low prices. Here are some defining features of these stocks:
Low Market Price: Penny stocks are available at very low prices and are often categorized into price brackets like under ₹1, ₹10, and so on.
Market Position: When investing in low-value stocks (under ₹10), focus on the company’s competitive advantage and market standing. Look for companies that dominate their industries or are part of larger conglomerates, as this can provide a competitive edge.
Potential for High Returns: Penny stocks under ₹10 are appealing due to the significant growth some have demonstrated. Many of the best penny stocks have achieved rapid value increases in a short period.
Low Liquidity: Stocks under ₹10 typically have lower trading volumes and liquidity compared to higher-priced equities. This low liquidity can result in greater price volatility, as even small trades can significantly impact the stock price.
Benefits of Investing in Penny Stocks Under ₹10
The main allure of penny stocks is their potential for rapid and substantial returns. Here are additional advantages of investing in stocks under ₹10:
Potential to Become Multi-Baggers: Several penny stocks have historically turned into multi-baggers. For instance, a stock trading below ₹10 a year ago might now be valued at ₹500, showcasing the potential for massive gains.
Early Investment at a Discount: Many penny stocks, initially ignored by most investors, later gain significant market traction. Take Adani Green as an example—its stock, which debuted at around ₹50, surged over 6,000% in under four years, crossing ₹3,000, delivering exceptional returns to early investors.
Learning Tool for Fundamental Analysis: Penny stocks offer a practical way to learn fundamental analysis. By identifying stocks with strong fundamentals, investors can uncover potential multi-bagger opportunities and refine their investment strategies.
Conclusion
Before investing in penny stocks, carefully assess your risk tolerance and conduct in-depth research. While the potential for significant profits exists, so does the risk of loss. Diversification and a long-term approach are key to navigating the volatile nature of penny stocks. If you’re considering stocks under ₹10, use a trusted and secure online stock market app to ensure a safe investment experience.
Disclaimer: Investment/Trading in the securities market is subject to market risk; past performance is not a guarantee of future performance. The risk of loss in trading and investment in securities markets, including equities and derivatives, can be substantial.
* The values for share price, market cap, 52-week high, and 52-week low are in rupees.
