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Thursday, September 6, 2012

Penny Stocks on NSE

In the era when coins of denominations 50 paise and below have been discontinued in India, there are a few shares on NSE which shall cost you 50 paise or less.
Here follows a list of of penny stocks on the National Stock Exchange.

But, thing to keep in mind is penny stocks may not be cheaper in valuations which is better measured by ratios like Price to Earnings ratio (P/E ratio), Price to Book value ratio (P/B ratio) and PEG (P/E to growth ) ratio.
Too much equity dilution often results in diminishing stock value.
Penny stocks are often prone to sudden and wild price swings and this is one of the reasons that makes them a cynosure of traders.


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