Record Updated For-May/24/2013
PENNY SHARES FOR INVESTMENT
Penny Shares are low value shares and majority of companies belongs to Penny share category are either Loss making companies or companies which lack Fundamentals and credibility.Investor sometime mistakes all low value company as penny shares but this is not true.In most case the face value of company is Rs 10 but some company will reduce the face value to Rs 1 in that case their share will also be 1/10 th of similar company which have face value of Rs 10.fo ex if company A has share value of Rs 8 and face value Rs 10.Another company B has the same share value of Rs 8 but its face value is Rs 1.In this case if we equate the face value of company B ie face value *10 and share value also had to multiply by 10 so share value become Rs 80 So in this case company B is not a Penny share.
Investment in Penny share category is a risky one as penny shares lack fundamentals and lot of manipulation and rumours will happen in that category.
The performance of penny shares in NSE for past few months is sorted in ascending order.The share on top of the list is most bullish.for ex: In this page Most bullish is CELESTIAL, next is REIAGROLTD next ORIENTABRA next TVSELECT and so on.Investor/Trader can click on the share to get detailed trend.For BSE penny share click on BSE penny share on top
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