Multibagger Penny Stocks Forum

Everyone knows that Rakesh Jhunjhunwala made a huge fortune of $5Billion or Rs 40000 crore at the time of his untimely death. However, the moot question is about the rate at which Rakesh Jhunjhunwala compounded his wealth. According to Ramesh Damani, Rakesh Jhunjhunwala compounded his wealth at an a...

Nomura has issued a 'Reduce' reommendation on Vodafone Idea for a target price of Rs. 8. The logic is that the 1Q results were below expectations due to higher opex. This makes fund-raising critical for VI's survival. Nomura has also stated that Voda Idea's Revenue/ARPU has inched up on tariff hike ...

Surana Telecom, a penny stock in the telecommunications business surged 10% to Rs. 13.4 and hit the upper circuit after PM Narendra Modi lauded the digital progress in the Country at a speech in Munich, Germany. The reference to mobile phones was an oblique reference to companies like Surana Telecom...

TCM Ltd, a specialty chemicals stock, is Porinju Veliyath’s latest stock pick. It is a micro-cap with a market capitalisation of only Rs. 33 crore. The shares are in the name of Shilpa Porinju Veliyath. The investment is 1,00,000 shares (1.34%) in TCM as of 30th June 2022. TCM manufactures various s...

Penny stocks are known to be wealth creators. 30 penny stocks have delivered up to 6,000% return in 2021. According to an analysis in the ET , as many as 30 penny stocks have delivered more than 1,000 per cent in 2021, whereas 90 of them have surged over 500 per cent in the current year, suggest dat...

#Pennystocks a checklist Amit Gulecha, a noted expert on penny stocks, has prepared a checklist on how to buy the best penny stocks. He has also explained the rules of entry and exit and also the norms relating to risk management: Checklist - Not Bankrupt - Been in business for 10-20 years - Visible...

I think it is clear that Vodafone Idea as a company will continue. The only wrangle is about the time period that should be given for payment of the AGR dues and how to secure it i.e. by way of a bank gaurantee etc. Once the issue is resolved after the Supreme Court's decision next Thursday, we can ...

Zerodha has announced that it will allow even illliquid penny stocks to be bought and sold if the investors gets a TOTP i.e. “time-based one-time password". " Instead of asking mobile or email OTP on every login, we have made it mandatory to login using a TOTP if you want to trade in any risky scrip...

Important Supreme Court judgement is there tomorrow on the Vodafone Idea AGR controversy. Hope the SC gives relief and the stock flies again

Goenka Diamonds has a few virtues. I have put it in my scanner and will study it carefully.