The penny stock we are going to discuss right now has good fundamentals compared to other stocks. It is a debt free company with high promoter holding and zero promoter pledge. If you hold this for 5-10 years or even a year I think it can give some massive returns. The best part about the stock is that it is less than Rs 1. You can imagine how massive your bank account balance will be if all goes well for the company. The company sounds fundamentally good and is technically very very bullish.
The name of the stock is Jai Mata Glass Ltd. I think in the long run this stock can even easily achieve levels like 10 - 20 rs which is very good amount of return (Approximately 20x that is 2000 % returns) But beware that although the stock is cherry picked and I have personally done lots of research on the stock, penny stocks come with a huge amount of risk. So only invest that much amount of money that you are ready to forget. You can even start as low as Rs 100 to Rs 10,000 depending upon your risk appetite.
