Multibagger Penny Stocks Under Rs.20 India 2024

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undamentally good penny stocks are low-cost investments with excellent underlying financials and operational reliability. Unlike their speculative peers, these equities have strong fundamentals such as positive profitability, reasonable debt, and continuous cash flow.  

Vikas Ecotech displays promising trajectory, evident in its consistent sales growth over past decade, compounding at rate of 10%. Despite short-term fluctuations, company demonstrates resilience with robust compounded profit growth of 13% over decade. 

Vikas Ecotech Ltd.

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Founded in 1994, Comfort Intech Ltd is trading company that produces alcohol & offers range of other services. CIL belongs to Comfort Group. Its business involves trading items on e-commerce platforms, as well as direct suppliers to marketplace platforms, such as fans, textiles, water heaters, & monoblock pumps. 

Comfort Intech Ltd.

Rajnandini Metal Ltd. was founded in 2010 & is engaged in production, distribution, & trade of premium copper wires & continuous casting rods. 

Rajnandini Metal Ltd.

G G Engineering Ltd demonstrates commendable growth trajectory, with sales surging to ₹ 161 crores in trailing twelve months, reflecting compounded sales growth of 104%. 

G G Engineering Ltd.

Genpharmasec Ltd has exhibited consistent growth in sales & profits, with notable improvement in operating profit margins over recent years. Despite initial losses, company has rebounded, showing resilience & profitability. 

Genpharmasec Ltd.

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

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