Top 5 Best Stocks under 10 Rupees to Invest in 2023: Through today’s post, we will try to give you information about 5 such stocks of Indian stock market whose share is less than Rs.10 and may be able to give good returns in future.
If you also invest in the stock market and are looking for some penny stocks, then today’s post can be very beneficial for you.
In this post, we will tell about the stock of such a company whose business is good and in the coming years, the business can grow rapidly and make its investors rich.
By the way, in this post, we will give place to such shares, whose price is currently less than Rs.10, but all these shares can trade at very high prices in future.
Before proceeding further in the post, I want to inform you that investing in this type of stock can be as risky as it can be more profitable.
That’s why whenever you think of investing in this type of penny stock, invest very little amount in this type of stock.
Top 5 Best Stocks under 10 Rupees to invest
| Sl. No | Company | CMP (Rs) | Market Capitalization (Rs Cr) |
|---|---|---|---|
| 1 | Vodafone Idea | 7.33 | 23,500 |
| 2 | Suzlon Energy | 9.97 | 12,500 |
| 3 | JP Associates | 9.88 | 2,500 |
| 4 | Syncom Formulations (India) | 8.41 | 790 |
| 5 | Vikas Lifecare | 4.53 | 650 |
1. Vodafone Idea
At the top of our list of stocks under Rs 10 is Vodafone Idea’s stock. This stock is currently trading between Rs.7 to Rs.7.5.
The business of this company is related to the telecom sector and provides great facilities to its users.
Although at present this company is in loss, but the number of its users is gradually increasing.
Whose very positive effect we can see in its share price as well. That’s why if you want to invest some of your money in penny stock, then Vodafone Idea’s share can also be a good pick.
2. Suzlon Energy
Share of Suzlon Energy can be a very good penny stock which is currently seen trading at a price of less than Rs.10.
The business of this company is related to the power sector and this company also manufactures wind turbine generators, whose demand is increasing rapidly.
The way power consumption is increasing rapidly in countries like India, its benefits will surely be seen in the business of this company as well.
Suzlon Energy stock has the potential to multiply the invested amount of its investors manifold in the coming 10-15 years. That’s why there must be some shares of Suzlon Energy company in our portfolio.
3. JP Associates
JP Associates company has also got a place in this list of our stock under 10 rupees, this company is also known as Jaypee Group.
And the business of this company is spread in the field of engineering, construction, power, cement, real estate, hospitality, IT, sports and education.
At present, its share price is running between Rs.8 to Rs.9, so it can be a good opportunity to invest in this stock.
According to the future, JP Associates company can give good returns in the invested amount of its investors, that’s why you can place some shares of this company in your portfolio.
4. Syncom Formulations (India)
The business of Syncom Formulations India Ltd is spread in the field of pharmaceutical, although at present this company is not that much famous, but if the management of this company works with a plan to grow the business by managing it well, then we will get success in its business. May see an uptrend very soon
Recently, the share of this pharmaceutical company is seen trading between Rs.7 to Rs.8, you can take some shares of this company for your portfolio, remember the risk is very high, so try to buy less quantity.
5. Vikas Lifecare
The business of this company is spread in many areas such as its business range includes polymers for plastics, synthetic and natural rubber, rubber compounds and additives etc.
The share of Vikas Lifecare was listed in the Indian stock market in 2019, when its share price was around Rs.4, after that there was a rise in its share price, but again after a decline, now its share is trading at the same price. seems to be doing as it was before
If you are thinking of investing for a long time, then you can consider buying some shares of Vikas Lifecare Company because in future this company can be successful in giving very good returns.
Conclusion
Through this post, we have shared detailed information about Top 5 Best Stocks under 10 Rupees to Invest with you. All the stocks shared in this post are currently priced below Rs.10. If you were looking for penny stocks that are priced below Rs.10, then these stocks should be on your list.
But you should keep this in mind that investing in such shares is risky, so never invest your entire savings in buying such shares. If you want to buy, then buy only this much, you will not be affected even if you lose.
Read Also