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These 10 penny stocks under ₹10 have surged 20-60% in a month — Do you own any?

Penny stocks under ₹10: Penny stocks often grab investors’ attention because of their low absolute price and the perception of high return potential. For many retail investors, these stocks appear to offer an affordable entry into the equity market, especially when compared to large-cap or even mid-cap shares trading at much higher values. A key reason behind their appeal is the affordability bias — owning thousands of shares at a low price feels more rewarding than buying a few shares of an expensive stock.

These 10 penny stocks under  ₹10 have surged 20-60% in a month — Do you own any?

Credit: Livemint

Key Highlights

  • Retail investors are also drawn by the possibility of multibagger returns in a short period, as even a small price movement in penny stocks can translate into large percentage gains.
  • However, these stocks come with significant risks.
  • Penny stocks typically suffer from high volatility, low trading volumes, weak fundamentals, and limited corporate disclosure.
  • Price movements are often driven more by speculation than by business performance, making them vulnerable to sharp corrections and manipulation.
  • Liquidity constraints can also make it difficult for investors to exit positions during market downturns.
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Sources

  1. These 10 penny stocks under ₹10 have surged 20-60% in a month — Do you own any?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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