Penny Stocks to Watch in November 2025 | Multibagger Penny Stocks for 2025

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Penny stocks to watch in November 2025 are likely to attract investors due to the low-priced shares and generate multibagger returns, but the best penny stocks in India come with significant risks. The penny stocks are trading under ₹10 or ₹50; they belong to the small-cap companies with high volatility and limited liquidity. A few months ago, the best penny stocks in India delivered gains despite the overall market challenges, particularly in sectors such as digital services, infrastructure, utilities, and renewable energy. 

Investors should focus on the penny stocks to watch in November 2025, not only the inexpensive ones but also those that demonstrate strong fundamentals, manageable debt levels, and high trading volumes. Investors should focus on high-volume penny stocks that also demonstrate improvements in company fundamentals.    

What are Penny Stocks?

Penny stocks to watch in November 2025 are gaining attention from retail investors due to their low price and potential to deliver multibagger returns. The penny stocks are trading under ₹10 or ₹50; they belong to the small-cap companies with high volatility and limited liquidity. Investors looking for penny stocks to buy should focus on the strong fundamentals, sector growth and high liquidity rather than low prices. 

The best penny stocks in India are emerging from sectors such as digital services, infrastructure, utilities, and renewable energy. These industries are supported by the government and rising demand. Investors should carefully select the penny stocks list for November 2025 to help them identify the opportunities with high volumes and improve earnings. For those investors who are looking for long-term gains, multi-bagger penny stocks for 2025, they are coming from the strong fundamentals, strong balance sheet, consistent revenue growth, and expansion in high-demand sectors.      

Penny Stocks to Watch in November 2025 by Market Capitalisation

Here is the penny stocks list, with their updated price and the market capitalisation for your reference. 

Disclaimer: Please be aware that investing in the best penny stocks in India comes with inherent risks due to volatile market conditions and low liquidity. It is recommended that you conduct your own research on the penny stocks to watch in November 2025 to make an informed investment decision regarding the multibagger penny stocks for 2025. 

Penny Stocks to Watch in November 2025: Company Overview

Penny stocks to watch in November 2025 include IRB Infrastructure Ltd, Reliance Power Ltd, Indian Overseas Bank Ltd, Century Extrusion Ltd, and more. Discover more about these best penny stocks in India that can yield exceptional returns. 

1. IRB Infrastructure Developers Ltd

Founded: 1998

Headquarters: Mumbai, Maharashtra

Market Capitalisation: ₹43.55 cr

IRB Infrastructure Developers Limited is an indian leading company that specialises in the construction and development of highway and road infrastructure, including its maintenance, with a significant portfolio of projects and a focus on building safe and efficient transport networks. It is one of the best penny stocks to watch in November 2025 that delivered a 6.8% revenue CAGR in the 3years. The company has demonstrated growth through increased toll revenues, new project completions, and expansion of the order book, supported by India’s infrastructure development, which is why it is considered one of the best penny stocks in India.

2. Reliance Power Ltd

Founded: 1995

Headquarters: Mumbai, Maharashtra

Market Capitalisation: ₹18,867.00 cr

Reliance Power Limited is an indian company. The company is a part of Reliance Group that develops the constructs and operates power projects across various energy sources, including wind power, solar, hydroelectric, gas and coal. It is one of the best penny stocks to watch in November 2025, which delivered a 74% stock price CAGR. The company has increased its focus on clean energy, especially in the renewable energy pipeline, with over 3 GW of solar DC capacity and 3.5 GWh of battery storage, which is why it is considered one of the best penny stocks in India.

3. Indian Overseas Bank Ltd

Founded: 1937

Headquarters: Chennai, Tamil Nadu

Market Capitalisation: ₹77,007.00 cr

The state-owned indian public sector owns Indian Overseas Bank Limited, which is specialised in foreign exchange and overseas banking. The bank offers a wide range of services, including mobile banking, credit cards, loans, and services for corporate and institutional customers, through a network of branches in India and overseas. It is one of the best penny stocks to watch in November 2025, having delivered a 19.0% CAGR in profit growth over the last 5 years. The company has a healthy projected loan growth and a significant increase in the net profit, which is why it is the best penny stocks in India.

4. Century Extrusions Ltd

Founded: 1988

Headquarters: Kharagpur, West Bengal

Market Capitalisation: ₹212.00 cr

Century Extrusions Limited is an Indian manufacturing company of aluminium extrusions and related products, including distribution hardware and power transmission, serving sectors such as automotive, power, and infrastructure. It is one of the best penny stocks to watch in November 2025, which has delivered a 50% CAGR in the stock’s price.  The company has demonstrated significant growth in both net profit and revenue, which is why it os on of the best penny stocks in India.

5. Ujjivan Small Finance Bank Ltd

Founded: 2017

Headquarters: Bangalore, Karnataka

Market Capitalisation: ₹9,056.00 cr

Ujjivan Small Finance Bank Limited is a mass market bank in India that focuses on serving financially underserved individuals and underserved segments. The company offers a wide range of products, including savings and current accounts, digital banking services, and loans. It is one of the best penny stocks to watch in November 2025, delivering a 7% stock price CAGR. The bank has expanded its loan book, particularly secured loans like MSME and housing financing, which is why it is the best penny stocks in India.

6. NMDC Steel Ltd

Founded: 2015

Headquarters: Bangalore, Karnataka

Market Capitalisation: ₹9,056.00 cr

NMDC Steel Limited is an Indian company owned by the government under the Ministry of Steel. The company has operated the 3 MTPA hot-rolled steel plant at Chhattisgarh and Nagarnar—the parent company supplies its iron from the NMDC Limited. The company has produced the high-grade HR coils, plates and sheets for various sectors. It is one of the best penny stocks to watch in November 2025 that delivered a 7.84% revenue CAGR over the past years. The current price of the share is ₹45.68, and it is the best penny stock in India.

7.  Infibeam Avenue Ltd

Founded: 2007

Headquarters: Gandhinagar, Gujarat

Market Capitalisation: ₹5,218.00 cr

Infibeam Avenue Limited is an indian fintech company that provides e-commerce platforms for business and digital payments solutions. The company offers online storefronts, data centre infrastructure, and AI-powered tools to enterprises and merchants. It is one of the best penny stocks to watch in November 2025. The company has forecast that it will deliver 22.2% of revenue. The current price of the share is ₹12.25 and it is the best [enny stocks in India.

8. Allcargo Logistics Ltd

Founded: 1993

Headquarters: Mumbai, Maharashtra

Market Capitalisation: ₹3,150.00 cr  

Allcargo Logistics Limited is a leading global provider of integrated logistics solutions in India. The company offers a broad range of services, including less-than-container-load consolidated, express distributions, and warehousing. The company is a part of the Allcargo Group. The current price of the share is ₹33.40, and it is the best penny stock in India. It is one of the best penny stocks to watch in November 2025 that delivered the 11.3% revenue CAGR over the past 10 years. 

9. SEPC Ltd

Founded: 2000

Headquarters: Chennai, Tamil Nadu

Market Capitalisation: ₹2,097.00 cr  

SEPC Limited is an Indian-based company that provides end-to-end solutions to engineering challenges. It offers multidisciplinary design, procurement, construction, and project management services. It is one of the best penny stocks to watch in November 2025, as the company has delivered good profit growth with a 40.3% CAGR over the last 5 years. The company has recently expanded its driver base following recent contract wins, particularly in EPC, power plant O&M, and international infrastructure, which is why it is the best penny stocks in India.

10. PTC India Financial Services Ltd

 Founded: 2000

Headquarters: New Delhi, Delhi

Market Capitalisation: ₹2,424.00 cr       

PTC India Financial Services Limited is engaged in the business of making investments and providing financial solutions to companies with projects in the power sector. The current price of the share is ₹38.09, making it one of the best penny stocks in India. It is one of the best penny stocks to watch in November 2025, which delivered a 16% CAGR of the stock’s price. 

Penny Stocks to Watch in November 2025 with P/E Ratio

Here are some of the best penny stocks for 2025 with a P/E ratio.

Penny Stocks to Watch in November 2025 with Dividend Yield 

Here are some of the best penny stocks for 2025 with a dividend yield.

Features of Penny Stocks to Watch in November 2025 

1. Low Price & Easy Entry

Penny stocks to watch in November 2025 are generally at very low prices, usually below ₹50. Making them affordable and attractive for small investors looking for penny stocks to buy.

2. High Market Volatility

Penny stocks are highly volatile; they offer the chance for quick profits, but they also involve higher risks. Investors should carefully select from the penny stocks list.

3. Small Cap growth potential

Most of the penny stocks belong to small-cap companies that have limited capitalisations. Still, the multibagger penny stocks for 2025 have strong potential to become the best penny stocks in India if their business model is successful.

4. High Trading Volume

Investors should look for high-volume penny stocks in November 2025. These penny stocks to watch in November 2025 have better liquidity, ensuring smooth buying and selling opportunities.

5. Multibagger Potential

The company is improving its fundamentals, and some penny stocks can evolve into multibagger penny stocks for 2025, generating the multibagger returns for long-term patient investors. 

Risks Penny Stocks to Watch in November 2025

1. High Volatility

The penny stocks experience sharp price swings, which can lead to profits or losses in a short period of time. Explore the best penny stocks to watch in November 2025 to generate extraordinary returns.

2. Weak Financials

  Unlike the best penny stocks in India, many companies in a typical penny stocks list have poor earnings, high debt and limited cash flow, which increases the risks of failure.

3. Low Liquidity

Many of the penny stocks traded at low volumes, making it difficult for investors to buy and sell large quantities without affecting their price, even if the high volume can dry up quickly in uncertain markets.

4. Uncertain Growth potential

While some became the multibagger penny stocks for 2025, most of the penny stocks fail to increase growth due to poor management, the weak business models and poor financial performance. 

5. Capital Loss Risks

Investors should lose a significant portion of their portfolio if they depend entirely on hype instead of analysing the company fundamentals before investing in penny stocks.

Factors for Penny Stocks to Watch in November 2025 

1. Price and Affordability

Investors are drawn to penny stocks to watch in November 2025 because they trade at a very low price, usually under ₹10 or ₹50, making them affordable for penny stocks to buy for small investors.

2. Trading volumes and liquidity

High-volume penny stocks are safer than the illiquid counters, as they allow entry and exit points. The investors adding the liquid counters in their portfolio to a penny stocks list help to reduce the trading risks.

3. Company Fundamentals

The best penny stocks in India usually show improvement in financial performance, such as low debt, revenue growth, and positive cash flow. Strong company fundamentals reduce the risks and increase the chance of success.

4. Sectrol Trends

Investors should focus on the industries with strong government support and rising demand, such as renewable energy, technology and infrastructure. These sectors may give the multibagger penny stocks for 2025.

5. Multibagger Potential

Selecting the fundamentally strong, high-growth companies from a well-researched penny stocks list increases the chances of identifying multibagger penny stocks for 2025.

6-Month Returns of Penny Stocks to Watch in November 2025

How to Invest in the Penny Stocks to Watch in November 2025?

Here is the step-by-step guide for investing in the best penny stocks in India. 

• Step 1: Research the best penny stocks in India, low-priced stocks in India and penny stocks to buy, including their financial and fundamental parameters. 
• Step 2: Select the penny stocks to watch in November 2025 to diversify your investment portfolio. 
• Step 3: Open a demat account on Univest, navigate to the search section and look for the selected penny stocks to buy. 
• Step 4: Place a buy order for the best penny stocks in India and the penny stocks to watch in November 2025, and execute it to invest successfully. 
• Step 5: Track your returns in the portfolio section and wait for the right time to book returns.

Download Univest to access the best daily penny stocks in India and recommendations for the top penny stocks to watch in November 2025, all on your pocketable platform (smartphone).

Lets Wrap

Penny stocks to watch in November 2025 can generate both opportunities and risks for investors. The low-priced stocks in India make them accessible and attractive, with their small-cap growth potential offering investors the opportunity to identify the multibagger penny stocks for 2025. Many of the best penny stocks in India are emerging from the fast-growing sectors such as digital services, banking, infrastructure and renewable energy. The government policies and rising demand support these sectors. These stocks are highly volatile, prone to manipulation and speculative, which means the investors remain cautious. 

Selecting the fundamentally strong, high-growth companies from a well-researched penny stocks list increases the chances of identifying multibagger penny stocks for 2025. Investors should focus on high-volume penny stocks with strong fundamentals, manageable debt levels, and improving earnings. Most investors should avoid relying on rumours and instead analyse the balance sheet, sector growth, and market trends surrounding the penny stocks to buy.    

FAQs on Penny Stocks to Watch in November 2025

Which penny stocks will boom in 2025?

Ans. The Best Penny Stocks to Watch in November 2025. 

Which Penny Stocks to buy for the Future?

Ans. Here is a list of the best penny stocks to watch in November 2025.

Which 1RS share is Best?

Ans. The stocks listed below are considered very helpful for those planning to invest in the best penny stocks to watch in November 2025.

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