Penny stocks in India refer to shares priced typically below ₹100, often under ₹50. These are issued by small or micro-cap companies with a market capitalisation of less than ₹1,000 crore. Due to their low liquidity, buying or selling them swiftly can be difficult, and their prices tend to be highly volatile. These companies are usually overlooked by institutional investors and analysts, and often lack transparency in financial disclosures. Read on to discover some of the notable penny stocks gaining attention in 2025.
List of Penny Stocks in 2025
Here is a list of popular penny stocks to buy today in 2025:
Penny Stocks
Penny Stocks |
Market Cap |
Indian Overseas Bank |
78,085.47 |
Vodafone Idea Ltd |
73,348.23 |
Yes Bank Ltd |
65,418.71 |
UCO Bank |
42,546.72 |
Central Bank of India Ltd |
36,332.32 |
Punjab & Sind Bank |
23,230.95 |
Ola Electric Mobility Ltd |
20,612.86 |
Sagility India Ltd |
17,999.71 |
Trident Ltd |
15,672.71 |
NMDC Steel Ltd |
11,238.87 |
Jaiprakash Power Ventures Ltd |
10,547.47 |
Alok Industries Ltd |
9,523.33 |
Ujjivan Small Finance Bank Ltd |
8,420.12 |
PC Jeweller Ltd |
8,061.41 |
South Indian Bank Ltd |
7,712.90 |
Shree Renuka Sugars Ltd |
6,996.35 |
Rattanindia Enterprises Ltd |
6,567.16 |
Spicejet Ltd |
6,120.01 |
RattanIndia Power Ltd |
5,998.41 |
Hindustan Construction Company Ltd |
5,962.12 |
Infibeam Avenues Ltd |
5,920.96 |
Easy Trip Planners Ltd |
3,887.86 |
Jayaswal Neco Industries Ltd |
3,875.25 |
LS Industries Ltd |
3,481.86 |
Sindhu Trade Links Ltd |
3,436.96 |
Patel Engineering Ltd |
3,306.63 |
Disclaimer: The market capitalisation values mentioned above are subject to change based on market conditions, company performance, and economic trends. For the latest and most accurate market capitalisation figures, please refer to official sources such as the SEBI or the respective stock exchanges.
Overview of the Penny Stocks in India
Penny stocks in India are low-priced shares, usually trading below ₹100, belonging to small or micro-cap companies. These stocks are known for high volatility, low liquidity, and limited public information. While they can offer substantial returns, they also carry significant risks. Investors should conduct thorough research before investing in such stocks.
1. Yes Bank Ltd
Yes Bank Ltd, once a prominent private-sector lender, has transformed into a popular penny stock following its financial and governance crisis in 2020. With strong backing from the State Bank of India and other institutional investors, the bank is undergoing restructuring to improve asset quality and operational efficiency. It trades at a low price but has significant market visibility, particularly among retail investors. The bank’s efforts to reduce NPAs, improve digital offerings, and expand its lending base are closely monitored. Although speculative, Yes Bank remains in focus due to its revival plans and the potential for long-term turnaround.
2. Vodafone Idea Ltd
Vodafone Idea Ltd is a major telecom operator in India that has become a penny stock due to persistent losses, debt burden, and intense competition from Jio and Airtel. Despite its large subscriber base, the company struggles with financial stability and AGR dues. Government support and proposed capital infusion have provided some relief, but its future hinges on successful fundraising and network expansion. Investors are drawn to Vodafone Idea’s potential revival, although the risks remain high. Its low stock price reflects current challenges, but any positive development in funding or tariff hikes could trigger renewed investor interest.
3. Trident Ltd
Trident Ltd is a diversified textile and paper manufacturer with global reach, known for its terry towels, yarns, and bed linen exports. Unlike many penny stocks, Trident has a profitable track record and strong export performance, especially in the U.S. and Europe. It benefits from government incentives under the PLI scheme and has consistently modernised its operations. The stock trades below ₹100, making it accessible to small investors, but its fundamentals remain stronger than typical penny stocks. Trident’s focus on sustainability, brand-building, and operational excellence makes it an attractive long-term bet for cautious investors seeking affordable entry points.
4. Sagility India Ltd
Sagility India Ltd, formerly a part of the HGS group, operates in the business process management (BPM) space, serving clients across healthcare, finance, and other verticals. It trades as a penny stock primarily due to low market recognition and limited institutional coverage. Despite this, the company has a steady service model, recurring revenues, and a focus on digital transformation. Its niche in healthcare BPO services gives it a stable revenue base. The low price attracts speculative interest, though liquidity concerns persist. For investors looking into undervalued tech-enabled services, Sagility may offer growth potential backed by industry relevance and outsourcing trends.
5. Reliance Power Ltd
Reliance Power Ltd, part of the Anil Ambani-led Reliance Group, once had ambitious plans in India’s power sector. However, project delays, high debt, and poor execution led to a significant erosion in market value, making it a penny stock. It currently focuses on reducing liabilities and reviving stalled projects. Despite minimal operational revenues, the company’s restructuring efforts and stake consolidation have kept investor interest alive. Occasional stock rallies occur based on speculative buying or group-level announcements. Although high-risk, Reliance Power holds long-term potential if it can manage its debt and unlock the value from its energy assets.
Features of penny stocks
Here are some features of penny stocks 2025:
1. Lack of liquidity:
Penny stocks frequently suffer from low liquidity, indicating infrequent trading activity with limited numbers of buyers and sellers. This lack of market activity not only complicates the process of selling shares when desired but can also result in substantial and unpredictable price swings.
2. Return potential and high risk:
Penny stocks present the potential for substantial returns, yet they simultaneously carry a high level of risk. It is imperative to recognise that not all penny shares will yield positive results, and some may experience a decline in value over time.
3. Multibagger opportunities:
Certain penny stocks hold the promise of becoming multibaggers, showcasing the potential to multiply in value several times over their initial price. Nevertheless, it is crucial to exercise caution, as this outcome is not guaranteed, and investing in penny shares demands careful consideration.
4. Pricing unpredictability:
Penny stocks frequently face sudden and unpredictable price fluctuations, posing a challenge for investors attempting to forecast their market behaviour. This volatility is influenced by various factors, including market dynamics, company-related news, and shifts in investor sentiment.
Additional read: How to Invest in US Stocks from India