Have you ever invested in penny stocks simply because they are available at a very low price in the market? Before considering purchasing these stocks, have you paused to reconsider why they are available at such a low price? Well, in this article, we won’t delve into explaining how to analyze penny stocks or outline the dos and don’ts of investing in them. Instead, this time, we’re providing you with a list of penny stocks that recorded a high delivery quantity on December 13, 2023, along with stock’s price chart.
Investor’s attraction to penny stocks is often rooted in the potential for high returns within a short period. These low-priced stocks draw attention due to their perceived affordability and the possibility of substantial gains. So, let’s explore these stocks one by one.
CHL Limited
CHL Limited operates a Five Star Deluxe Hotel known as “The Suryaa”. The company was incorporated in the year 1997.
The company’s current market capitalisation stands at Rs 204 crore, and the company stock has delivered a remarkable return of over 117% during the past one year. Moreover, the company stock is currently trading below around 25% compared to its all-time high price of Rs 49.59 per share on the BSE.
|
Stock Name |
Industry Name | Delivered Qty this Week | Delv Times (x) | Delv % this Week | Avg Qty (5 Weeks) |
| CHL Limited | Hotel, Resort & Restaurants | 80279 | 8.27 | 90.11 |
9708.4 |
Read: A Detailed Step-by-Step Guide to Investing in Penny Stocks
Supreme Infrastructure India Limited
Supreme Infrastructure India Limited is engaged in the engineering and construction of roads, highways, buildings, bridges, and other infrastructure projects. The company was incorporated in the year 1983.
The company’s current market capitalisation stands at Rs 113.64 crore, and the company stock has delivered a return of around 21% during the past one month and a 72% return in the last three months. Moreover, the company’s stock is available at Rs 44.35 per share on the BSE.
|
Stock Name |
Industry Name | Delivered Qty this Week | Delv Times (x) | Delv % this Week | Avg Qty (5 Weeks) |
| Supreme Infrastructure India Ltd. | Engineering – Construction | 110946 | 4.46 | 100 |
24867.2 |
Read: Investing In Penny Stocks: Fact vs. Fiction
JhandewalasFoods Limited
Jhandewalas Foods is engaged in the product portfolio including Desi Ghee, papad, and kesar under the brand name Namans and Cow Ghee under the brand name Godhenu. Porridge, nachos & pasta under brand name Yumm Yoo. Refined groundnut oil under the brand name Polki.
The company’s current market capitalization stands at Rs 21.5 crore, and the company stock has delivered a return of over 160% during the past month. Moreover, the company’s stock is available at Rs 20.91 per share on the BSE.
|
Stock Name |
Industry Name | Delivered Qty this Week | Delv Times (x) | Delv % this Week | Avg Qty(5 Weeks) |
| Jhandewalas Foods Ltd. | Consumer Food | 706000 | 14.83 | 91.93 |
47600 |
Please remember, that it is essential to acknowledge the risks associated with penny stocks. Their low price can also signal companies with higher volatility, lower liquidity, and less stringent regulatory oversight, making them susceptible to manipulation and sudden price swings. Investors drawn to penny stocks should conduct thorough research, understand the market dynamics, and be prepared for the heightened risk involved. Diversification, a clear investment strategy, and careful risk management are crucial when considering these speculative investments.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
