TOP 5 DEBT FREE PANNY STOCK IN INDIA 2022 :- By the way, investing money in penny stocks is quite risky, but there is no break in it in terms of giving returns. If you want to take risk, that too by investing in Panny stock, then invest in such Panny stock which is debt free.
Penny stocks are stocks that trade for a penny, which very small amount. The market value of penny shares in India has not been determined, yet a stock priced above Rs 10 is called a penny stock. In Western markets, stocks below $5 are called panny stocks.
TOP 5 DEBT FREE PANNY STOCK IN INDIA 2022 Market Cap
| Share’s Name | Market Cap |
|---|---|
| JHS Svendgaard Laboratories Ltd :- | Rs 165 Cr. |
| Panafic Industries Ltd | Rs 19.3 Cr. |
| Quadpro Ites Ltd | Rs 28.3 Cr. |
| Pan India Corporation Ltd | Rs 115 Cr. |
| Supremex Shine Steels Ltd | Rs 14.3 Cr. |
TOP 5 DEBT FREE PANNY STOCK IN INDIA 2022
1. JHS Svendgaard Laboratories Ltd :-
JHS Svendgaard Laboratories the main business of that company is Dental Care and Detergent . The client of this company is Amway, P&G, Dabur, Future Group, Apollo Pharmacy, Sandika Pharma, Elder Pharma, JL Morisons. Company is almost debt free.
This company is not giving good returns due to not being fundamentally strong right now. According to the way the company is reducing its debt We can be expected of the company to give good returns to its shareholder in future. The market cap of JHS Svendgaard Laboratories Ltd is Rs 165 Cr.
Also Read :- Best stocks below Rs.50 in India 2022
2. Panafic Industries Ltd :-
Discus about this company, this company is associated with Loan Making Financial Institution and provide financial activities and solutions. Panafic Industries Ltd is almost debt free company. This company is very small company . The profit of the company is increasing at present. The market Cap of Panafic Industries Ltd is Rs 19.3 Cr.
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3. Quadpro Ites Ltd :-
TOP 5 DEBT FREE PNNY STOCK IN INDIA 2022 The company place at number three is Quadpro Ites Ltd . This Company is almost debt free. Quadpro Ites Ltd is provide end to end services . This company provides the solution of the service of the banking , Insurance and Telecom industries.
The company’s product offerings are divided into Quad Quick for banking and financial services industries , Quad Sure for insurance industries and the company provides Quad Comm for telecom industries. If seen now the company is not performing well, we can expect this company to give good returns in future The market cap of this company is Rs 28.3 Cr.
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4. Pan India Corporation Ltd :-
Presence Across Nation India Corporatoin Ltd is alomost debt free company . This stock is belong to finance and investment sector.
The main business of thi company is Buy, Sell ,transfer, deal and disposes any stock , hypothecate, stocks debentures, debenture stock, securities, properties of any other company including securities of any government, bonds and certificate. Pan India Corporation Ltd is listed in BSE and this company is not listed in NSE. The market Cap in this company is Rs 115 Cr.
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5. Supremex Shine Steels Ltd :-
TOP 5 DEBT FREE PANNY STOCK IN INDIA 2022 The 5th and last number of stock is Supremex Shine Steels Ltd . This company is to carry on the business in trading of steel and acting as advisor and consultant on all matters and complications relating to the steel industry.
It is almost debt free company . Right now this company is giving good returns to its investors and It can be expected in Bhabiswa, the company should give good returns to its investors. The market Cap of this company is Rs 14.3 Cr.
Also Read :- Highest Dividend Paying Stocks in 2022
Why do you need to invest debt free panny Stocks?
Panny stock is such a stock that can make your investment money up to any number of times in a short time.Investing money in panny stocks is very risky. Before investing in any stock, please remember that you should invest only after taking complete information about that stock.
Conclusion
I hope that after reading TOP 5 DEBT FREE PANNY STOCK IN INDIA 2022 article, you must have got an idea in which direction the growth of the company is likely to go in the coming years. If you still have any question related to this article in your mind, then do not forget to tell in the comment. Stay tuned to Market in India to stay updated with such important information related to share market.
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