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Trading in the penny stocks is generally risky, but rewarding at the same time. While most penny stock investments could be critically labeled as high-risk, some warrant their categorization because of their amount. Here are some of the Top 10 Penny Stocks in 2024 to invest based on market capitalization, PE ratio, NTM net profit margin, total yearly revenue growth, relative volume, and EBITDA.
Sub-Sector: Specialised Finance
Market Cap: ₹73. 09 Cr
Close Price: ₹1. 13
PE Ratio: 37. 87%
Net Profit Margin: 81.09%
5Y Historical Revenue Growth: 20. 16%
Relative Volume: 1. 156
EBITDA: ₹1. 93 Cr
Biogen Pharmachem Industries Ltd ‘s score peaks with an astonishing net profit margin of 81. 09%, with a reasonably good five-year historic revenue growth rate of 20.16%. It has a rather high PE ratio that stands at 37. 87% which lays the confidence of investors about future earnings. Hence, is considered among the top 10 penny stocks in 2024 to consider.
Sub-Sector: Diversified Financials
Market Cap: ₹236. 06 Cr
Close Price: ₹4. 60
PE Ratio: 20. 80%
Net Profit Margin: 72.34%
5Y Historical Revenue Growth: 13. 04%
Relative Volume: 1. 173
EBITDA: ₹12. 69 Cr
PMC Fincorp Ltd is regarded among the 10 Penny Stocks in 2024. The company depicts sound profitability with the net profit margin placed at 72. 34%. Of late, it has a PE ratio of 20. 80% and the historical compound annual growth rate of Revenues at 13. 04% is also a good omen, from the investor's perspective. Hence, if someone is looking for the best penny stocks in 2024, PMC is a good option.
Sub-Sector: Publishing
Market Cap: ₹58. 85 Cr
Close Price: ₹4. 90
PE Ratio: 0. 43%
Net Profit Margin: 68. 64%
5Y Historical Revenue Growth: 164. 83%
Relative Volume: 2. 838
EBITDA: ₹179. 04 Cr
The company Diligent Media Corporation Ltd has a historical five-year revenue growth of which reached 164. 83%, whereas its PE ratio is very low at 0. 43%. The first key financial ratio, the net profit margin is showing 68.64% and thus can be considered a good growth prospect for the company they are interested in.
Sub-Sector: Influence: Television Broadcasters & Channels
Market Cap: ₹10. 27 Cr
Close Price: ₹8. 33
PE Ratio: 0. 34%
Net Profit Margin: 63. 45%
5Y Historical Revenue Growth: 28. 02%
Relative Volume: 0. 992
EBITDA: ₹31. 74 Cr
Sea TV Network Ltd has quite a low market capitalization of ₹10. 27 Cr, has a nervous net profit margin of 63.45% and a good, steady, and considerably high revenue growth rate of 28. 02% over five years. However, it earns a very low PE ratio of 0. 34 percent, which indicates that the market is still somewhat untapped for penny stocks.
Sub-Sector: Textiles
Market Cap: ₹13. 19 Cr
Close Price: ₹9. 28
PE Ratio: 30. 68%
Net Profit Margin: 62. 32%
5Y Historical Revenue Growth: 1.20%
Relative Volume: 1. 303
EBITDA: ₹0. 51 Cr
The industry average BMA, that is the price-to-earnings ratio for Pasari Spinning Mills Ltd, is 30. 68%, with a net profit margin of 62.32%. Its five-year historical revenue growth is 1. 20%, It is profitable and has a high PE ratio showing continued investors’ interest in the firm.
Sub-Sector: Specialised Finance
Market Cap: ₹4. 50 Cr
Close Price: ₹8. 76
PE Ratio: 23. 68%
Net Profit Margin: 54.29%.
5Y Historical Revenue Growth: 10.76%
Relative Volume: 1. 710
EBITDA: ₹0. 21 Cr
Multipurpose Trading and Agencies Ltd has less market cap of Rs 4.50 Cr., and currently has a PE ratio of 23.68%. While the net profit margin is 54. 29%.
Sub-Sector: The Investment Banking & Brokerage industry is in large part an Industry of Financial Intermediation.
Market Cap: ₹28. 83 Cr
Close Price: ₹0. 86
PE Ratio: 32. 04%
Net Profit Margin: 53. 57%
5Y Historical Revenue Growth: 48. 58%
Relative Volume: 2. 049
EBITDA: ₹1. 05 Cr
Adcon Capital Services Ltd has rather a high PE ratio and it amounts to 32. 04% and good five-year historical revenue growth of 48. 58%.
Sub-Sector: Textiles
Market Cap: ₹146. 15 Cr
Close Price: ₹4. 40
PE Ratio: 0. 95%
Net Profit Margin: 53. 56%
5Y Historical Revenue Growth: 14. 21%
Relative Volume: 0. 982
EBITDA: ₹162. 44 Cr
The Shekhawati Poly-Yarn Ltd company has a market capitalisation of ₹146. 15 Cr, hence giving a PE ratio of 0. 95% and a net profit margin of 53. 56%.
Sub-Sector: Investment banking & Brokerage
Market Cap: ₹3. 42 Cr
Close Price: ₹5. 56
PE Ratio: 5. 43%
Net Profit Margin: 48.43%
5Y Historical Revenue Growth: 8.12%
Relative Volume: 1. 802
EBITDA: ₹0. 87 Cr
From the analysis of the value position, it was observed that Ekam Leasing and Finance Co Ltd has a PE ratio of 5. 43% and a net profit margin of 48. 46%. Having a five-year historical revenue growth rate of 8. 12 percent and a relative volume of 1. 802, such a plan is quite safe for investors, but it also rewards them fairly in exchange for the risks that they take.
Sub-Sector: Investment banking & Marketing and services
Market Cap: ₹22. 13 Cr
Close Price: ₹8. 49
PE Ratio: 28. 74%
Net Profit Margin: 40. 43%
5Y Historical Revenue Growth: 28. 74%
Continental Securities Ltd, this company currently occupies with a decent position in the market with a total market capitalization of ₹22. 13 Cr, has a PE ratio of 28. 74%. Its five-year historical revenue growth rate is 28. 74% has emphasized its opportunity in the field of investment banking as well as brokers.
Thus, penny stock trading involves the analysis of the company’s financial performance indicators. The above-mentioned companies have good field fundamentals that make them some of the possible targets to be invested in in the penny stock sector. However, as it is always the case with the options on the stock exchanges, it is vital always to do one’s homework and evaluate the associated risks of such investment choices.
