What Are Penny Stocks?Know in Detail

Penny stocks, as the name suggests, are stocks that are traded at very low prices on the stock exchange

Penny stock usually have the price between 10Rs to 20Rs

In general, they are available at a low price and can be bought in considerable quantities with very small capital.

The best penny stocks are the ones that can give you multibagger returns, the reason why they are often called multibagger penny stocks.

Key Features of penny stocks

Penny stocks carry the potential to offer manifold returns in a short period of time

Key Features of penny stocks

 Low liquidity and high volatility are key risks associated with penny stocks

 Following a proper investment strategy and risk management, you can also increase your chances to earn from penny stocks

Diversification is important while buying penny stocks

 Dedicate only a small part of your capital to buying penny stocks

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