Credit : Social Media

Best Penny Stock to Buy under 5 rs

Credit : Social Media

Penny stocks are stocks that trade at very low prices normally below 10 rupees. 

What is Penny Stock?

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Penny Stocks to Buy now High Risk High Reward

1. Vikas Eco tech Limited 

Market Capitalization 344Cr

It is primarily engaged in the business of manufacturing Specialty Chemicals focused on Additives and Specialty Polymer Compounds.

PROS & CONS

ROCE - 7.09 % ROE - 0.78 %

– Company has reduced debt. – Company's cost of borrowing seems high

2. Vikas Life care Limited 

Market Capitalization 680Cr

It is principally engaged in the business of manufacturing and trading Plastic, polymer and chemicals, and Plastic Products.

PROS & CONS

ROCE - 25.4 % ROE - 21.0 %

– Company is almost debt free. – Promoter holding is low: 13.3%

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