You can also track us on YouTube and Telegram.Now, how do find stocks that will skyrocket in value over the next 5 years? If you’re wondering what your portfolio could be worth in five years, then this guide is for you. Meanwhile, please access our content on. Note: is currently not accessible due to technical reasons.
It is not a stock recommendation and should not be treated as such. Video link - Penny Stocks to Add to Your Watchlist in 2022.ĭisclaimer: This article is for information purposes only. Knowing which penny stocks to watch out will give you the upper hand. Since you're interested in penny stocks, check out Co-head of Research at Equitymaster, Rahul Shah's video where he zeroes in on the right penny stocks to watch out for in 2022. With a clear strategy by your side, your journey can turn out to be relatively more comfortable. To conclude, check out the balance sheet, look at the debt to equity ratio and see if the company has a track record of consistent dividend payouts for the last 5 years. A debt to equity of lower than 1 should be preferred. This way, your downside will be capped.Īlways look out for the company's debt level. In a volatile market (like the present), be very selective and look out for penny stocks that regularly pay out dividends. But it's important that you separate the wheat from the chaff. On the bright side, penny stocks can be great investments too as they diversify your portfolio. Retail individuals also like the prospect of earning high returns in short term.īut one should note that most of these stocks can have no track record of sound fundamentals, they will be saddled with debt, and have low promoter holding.Įxperts have often warned investors that expecting high returns from all penny stocks would be a mistake. It sells FMCG products under its own brand 'Polo Queen's in personal care, home care, kitchen care, and fabric care segments.Īs they are priced low, retail investors have a liking for them as they can buy large chunks of these stocks at low prices. The company is engaged into trading of fabric, FMCG products and minerals and chemicals. The gains have recently come down due to the broad-based selling otherwise it has a high of Rs 89 touched in January this year.
The company has seen its share price skyrocket from Rs 1 to Rs 66 in the past one year. The rest, 33.8%, is held by corporate bodies named Lorance Investments and Xicon Power.įollowing Kaiser Corporation's footsteps is Polo Queen Industrial & Fintech, sitting on 6,500% gains. The company's retail shareholding pattern shows that just 6.5% of the total equity, or 3.4 m shares are held by individuals. The company's promoters hold 59.5% stake which means there's ample liquidity left for retail shareholders.īut that's not the case really. Maybe.įor the past four quarters, the company has reported improving sales and net profits if compared to their previous year figures.Ĭoming to liquidity, a first glance at the company's shareholding pattern may tell you a different story. Although the company did turn profitable in 2021, the profit figures were not extraordinary.Ĭould it be rallying as the company's quarterly performance is improving? We don't know.
Net sales for financial year 2021 were in line with sales reported for previous years. On the financials front, the company does not have enough to support this rally. So what justifies a 10,000% rally in the stock? Is it because of its financials? Or low liquidity? Kaiser Corporation is engaged in the printing of labels, articles of stationery, magazines, and cartons. The party does not seem to end anytime soon as the stock continues to hit upper circuits.ĭata from BSE shows there are only buyers waiting on the sidelines to buy the script, with no sellers willing to sell their shares (at least for now). The stock of Kaiser Corporation has gained 100x in the past year, rallying from a mere Rs 0.38 to Rs 38.95. Surprisingly, 1,445 of them are trading in the positive territory with many sitting on huge gains. Out of the total 1,734 stocks, 275 delivered negative returns while 14 remain unchanged and trade at the exact same level they were trading a year back.
We ran a query for stocks trading between Rs 100 between 23 March 2021 and 23 March 2022 to see what kind of gains have penny stocks offered to investors. It's not unusual for a penny stock to climb as much as 5x, 10x or a whopping 100x in a short span. While penny stocks are notorious and known for their illiquid status, a select few have the ability to deliver massive gains in a short span. Look at the price charts of all these companies and you'll see they are down over 80% from the levels they were trading a year ago. Take the example of Ozone World, PALM Jewels, and Evexia Lifecare.