Small cap Stocks
Securities and Exchange Board of India (SEBI) defines small-cap as "251st company onwards in terms of full market capitalization”, i.e. stocks from those companies that are ranked below 250 on the stock exchange in terms of market capitalization.We always advise to keep yourself away from the penny stock, however at times you find some good penny stock or small stock worth holding to the portfolio which can shine your Armour. However, our best bet in this whole list in small-cap stocks is LT Foods which is a Basmati rice seller and commands premium valuation followed by Hindustan Oil exploration and Religare enterprises.
Penny Stock
Penny stocks are those that trade at a very low price, have very low market capitalization, are mostly illiquid, and are usually listed on a smaller exchange. Penny stocks in the Indian stock market can have prices below Rs 10.2 penny stocks that can be considered in this list are SREI Infrastructure and Sintex Industries. They both are liquid and have a reasonable good business model.
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