I want to invest on low price shares | suggest me

#1
Hi Friends

I have just taken my ICICI Direct account and I want to invest in a small shares i.e., which are less than Rs. 20/-; could you please suggest me, since I am new to market.


regards
Bhaskar
 
#2
Hi,

You can buy GR Cable at @ 19/-. Company having good order book & potential to rise upto 30/- in short time.

Other is JK Synthetics around 12/-. Announcing restructuring in Board meeting.

Also u can buy SM Dyechem around 9/-. Relaince Ind. has bought its one unit & planning to buy other unit also. It has good potential.


regards

vachhanipm
 
#3
I dont fancy any penny stocks now, if my theory of
WHEN MARKETS FALLS , PENNYS RISE,
comes into effect then i will be a milionare , jokes apart,
If i would have to suggest a penny stocks, theres some news and buzz going on about NATIONAL FLASK and INTEGRATED FINANCE ..
may be u can look at those
 
#4
kbhaskar said:
Hi Friends

I have just taken my ICICI Direct account and I want to invest in a small shares i.e., which are less than Rs. 20/-; could you please suggest me, since I am new to market.


regards
Bhaskar

If you want suggestion , its STRICTLY NO NO to any penny share right now.
If you want recommendation, then brokers are recommending GV Film, Pentium Infotech.
 
#5
Penny stocks? Beware, says Sebi

BS Bureau in Kolkata | September 09, 2005 11:12 IST


The Securities and Exchange Board of India has got evidence of a few cases of market manipulation in illiquid and penny stocks in the ongoing bull run.

Pointing to the abnormal movement in illiquid stocks, Sebi Chairman M Damodaran said here on Thursday the regulator was trying to find out why a few stocks with no trading record suddenly started going up with a scorching pace.

http://inhome.rediff.com/money/2005/sep/09market9.htm
 

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