Are you thing to invest in Penny stocks that can be multibagger in future then you are at the right place. Today in this article i will suggest you 5 penny stocks that are trading at very low price but the fundamentals of these companies are really strong which make the possibility of heavy growth in future.
The main motive of everyone behind the investment in penny stock is generating a highly good returns. These stocks are less known to all so the risk of falling of these stock in bear market fall is also high, just like its goes up the chance of coming down is also high. There are some chance that these penny stocks can also become blue chip stocks in future. [Penny stocks that can be multibagger in future]

Despite their high volatility, penny stocks can be profitable investments if companies have excellent fundamentals and promising future growth. So I have picked some stocks with good fundaments.
NOTE: This suggestion is only based on past trend values and fundamentals record. So don’t take it as Buy/Sell advice, this post is for educational purchase . Please do your own research before investing in any of the suggested stocks below.
5 Penny stocks that can be Multibagger in future
AIRAN LIMITED

BSE Code: | 205346 |
NSE Code: | AIRAN |
Airan Limited (Airan) is a company of sector x. The total valuation (market value) of the company is ₹247 crores. The price of one share of the company is not listed in BSE market today and is ₹ 20.10 in NSE market today. Airan Limited (Airan) was established in the year 1995.
As per the report provided by the company, the total income for the last year stood at Rs.58.157 crores and the total sales were Rs.56.667 crores. The company’s net profit stood at Rs 6.393 crore. Iron Limited has paid tax of -2.5 crores in the current year. This can be [Penny stocks that can be multibagger in future]
MKT Cap | ₹ 248 cr | ROE | 10.49 % |
P/E Ratio (TTM) | 24.81 | EPS (TTM) | 0.89 |
P/B Ratio | 2.39 | Div Yield | NA |
Industry P/E | 28.24 | Book Value | 8.28 |
Debt to Equity | 0.05 | Face Value | NA |
Jagan Lamps Ord Shs

BSE Code: | 530711 |
NSE Code: | not listed |
Jagan Lamps Limited is a company in the auto parts and accessories sector. The total valuation (market value) of the company is ₹35 crore. The price of one share of the company is ₹ 50.00 in BSE market today and is not listed on NSE market today. Jagan Lamps Limited was established in the year 1993.
As per the report provided by the company, the total income for the last year was Rs.23.63 crores and the total sales were Rs.23.14 crores. The company’s net profit stood at Rs 1.695 crore. Jagan Lamps Limited has paid tax of -0.382 crores in the current year. This can be [Penny stocks that can be multibagger in future]
MKT Cap | ₹ 35 CR | ROE | NA |
P/E Ratio (TTM) | NA | EPS (TTM) | NA |
P/B Ratio | NA | Div Yield | NA |
Industry P/E | 33.86 | Book Value | NA |
Debt to Equity | NA | Face Value | 10 |
Kriti Nutrients Limited

BSE Code: | 533210 |
NSE Code: | NOT LISTED |
Kriti Nutrients Ltd. is a company in the edible oil sector. The total valuation (market value) of the company is ₹221 crore. The price of one share of the company is ₹ 43.15 in the BSE market today and is not listed on the NSE market today. Kriti Nutrients Ltd. was established in the year 1996.
As per the report provided by the company, the total income for the last year stood at Rs.523.663 crores and the total sales were Rs.520.378 crores. The company’s net profit stood at Rs 19.005 crore. Kriti Nutrients Ltd has paid tax of Rs.-4.83 crore in the current year. This can be [Penny stocks that can be multibagger in future]
MKT Cap | ₹ 222 cr | ROE | 11.53 % |
P/E Ratio (TTM) | 17.99 | EPS (TTM) | 2.46 |
P/B Ratio | 1.97 | Div Yield | 0.41 % |
Industry P/E | 20.41 | Book Value | 22.45 |
Debt to Equity | 0.39 | Face Value | 1 |
Trident Ltd

BSE Code: | 521064 |
NSE Code: | TRIDENT |
Trident Limited is a company in the textile sector. The total valuation (market value) of the company is ₹19,721 crore. The price of one share of the company is ₹38.10 in BSE market today and ₹38.10 in NSE market today. Trident Limited was established in the year 1990.
As per the report provided by the company, the total income for the last year stood at Rs 4,743.46 crore and the total sales stood at Rs 4,699.46 crore. The company’s net profit stood at Rs 341.8 crore. Trident Ltd. has paid tax of Rs – 140.13 crore in the current year. This can be [Penny stocks that can be multibagger in future]
MKT Cap | ₹ 19,368 cr | ROE | 23.35 % |
P/E Ratio (TTM) | 23.44 | EPS (TTM) | 1.65 |
P/B Ratio | 5.13 | Div Yield | 1.40 % |
Industry P/E | 31.99 | Book Value | 7.54 |
Debt to Equity | 0.41 | Face Value | 1 |
Astron Paper & Board Mill Ltd

BSE Code: | 540824 |
NSE Code: | ASTRON |
Astron Paper & Board Mill Ltd. is a company in the paper and paper products sector. The total valuation (market value) of the company is ₹184 crores. The price of one share of the company is ₹40.15 in BSE market today and ₹39.90 in NSE market today. Astron Paper & Board Mill Ltd. was established in the year 2010.
As per the report provided by the company, the total income for the last year was Rs.360.518 crores and the total sales were Rs.359.009 crores. The company’s net profit stood at Rs 13.513 crore. Astron Paper & Board Mill Limited has paid tax of Rs-8.147 crore in the current year. This can be [Penny stocks that can be multibagger in future]
MKT Cap | ₹ 185 cr | ROE | 4.59 % |
P/E Ratio (TTM) | 22.56 | EPS (TTM) | 1.77 |
P/B Ratio | 1.01 | Div Yield | NA |
Industry P/E | NA | Book Value | 39.54 |
Debt to Equity | 0.42 | Face Value | 10 |
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