5 Low-Risk Penny Stocks You Can Invest In Right Now
5 Low-Risk Penny Stocks You Can Invest In Right Now
1. Samarth Biotech Ltd. (SAMARTH): This company is developing innovative drugs to treat cancer and other diseases. It is also one of the few Indian companies to be accepted into the S&P 500 Index.
2. Datawind Limited (DWDL): Datawind is developing affordable devices for the internet of things (IoT), making it possible for people all over the world to connect to the internet without spending a fortune on technology products.
3. Gurgaon-based online food delivery startup Delivery Hero Technologies Pvt Ltd (DHFL): This company is currently India's largest online food delivery service, with over 1 million customers across its network of restaurants and caterers.
4. Aurobindo Pharma Plc (ABNDO): Aurobindo is a leading Indian drug manufacturer, and it has developed several highly innovative drugs that are currently being studied by hospitals around the world.
5. HDFC Bank Ltd.(HDFC): HDFC is one of India's biggest banks, with more than 100 million customer accounts and operations in over 20 countries around the world
Penny stocks are low-priced stocks that are considered to be undervalued.
Many penny stocks are traded on the Indian stock exchange and have a market capitalization of less than one rupee.