Penny stocks are low price stocks usually trading under ₹10. Many small investors like them because they can buy more shares with a small budget. But penny stocks also come with high risk, low liquidity, and sudden price swings.
This guide explains 20 active low-price stocks under ₹10 that traders often track based on volume, market activity, and business background.
(Disclaimer: This is not buy advice. These are popular and actively traded penny stocks that investors usually research.)
Why People Look for Penny Stocks Under 10 Rs
Penny stocks attract new investors because:
- They fit small budgets
- They can give fast movement
- Many of them show increasing volume
- They are used for short term trading
- Some companies improve business over time
But remember, penny stocks can also fall sharply. Always research before investing.
Best 20 Penny Stocks Under 10 Rs
These stocks are well-known penny stocks often researched by traders in India.
(Names are based on popularity and trading activity—NOT investment advice.)
1. Vodafone Idea
A telecom company with rising user base and 5G expansion plans.
2. Suzlon Energy
Wind energy company with strong order book activity in recent years.
3. Yes Bank
Private bank with stable customer base and improving financial recovery.
4. South Indian Bank
Regional bank showing better quarterly performance.
5. Alok Industries
Textile manufacturing company under the Reliance group framework.
6. RattanIndia Power
Power sector stock that traders follow due to high volume.
7. NHPC
Hydropower company often seen on penny stock lists near ₹10.
8. Ircon International (when under 10 earlier)
Railway engineering company monitored by penny stock traders.
9. NLC India (when near 10 earlier)
Coal mining and electricity generation company.
10. J&K Bank
Regional bank with improving business activity.
11. UCO Bank
PSU bank showing stable growth and strong customer base.
12. Central Bank of India
Old PSU bank widely traded by new and small investors.
13. Bank of Maharashtra
Another PSU bank with improving business activity.
14. Trident Ltd
Textile and paper products company often watched by traders.
15. Jaiprakash Power Ventures
Power generation company with high daily trading volume.
16. Reliance Power
Company focused on energy projects with high activity in market.
17. HFCL (when price dips near 10)
Telecom and defense equipment manufacturer.
18. Jindal Stainless (when under 10 in past)
Steel and metal products company.
19. Orient Paper
Paper and pulp company with long market history.
20. GTL Infrastructure
Telecom infra company often tracked by penny traders.
Important Factors to Check Before Buying Penny Stocks
Penny stocks look cheap but carry risk. Here are simple checks:
- Check company debt
- Look at past 5–6 quarters
- See if promoters increased or decreased holding
- Check if business has real revenue
- Avoid stocks with no updates or no liquidity
- Look for stable volume for at least 1 month
Following these steps can help lower the risk.
CLICK: Top Stocks to Buy Tomorrow Bullish and Bearish
Benefits of Penny Stocks
- Low investment required
- High share quantity
- Better for learning market movements
- Good for intraday traders due to volume
Risks of Penny Stocks
- Prices can fall fast
- Many companies have poor financial history
- Low liquidity causes price traps
- Pump and dump risk
- Sudden upper circuit / lower circuit moves
Never invest full money in penny stocks. Always diversify.
Q&A: Penny Stocks Under 10 Rs
1. Are penny stocks safe?
No they are risky. Always research before buying.
2. Can penny stocks give high returns?
Yes they can but they can also crash fast. Risk is high.
3. Should beginners buy penny stocks?
Beginners should start with strong stocks first and test penny stocks slowly.
4. Which penny stock is best under 10 rupees?
It depends on research. Vodafone Idea Suzlon and Yes Bank are widely tracked.
5. Is it good for long term?
Only if the company is improving. Most penny stocks are short term trades.
6. How much should I invest?
Invest small amounts because penny stocks are unpredictable.
