5 Debt Free Penny Stocks with Good Profitability

18-05-202316-05-2023 by News Desk

Debt Free Penny Stocks: Most of the time the company with less debt has more chance of growth and when it comes to penny stock, investing in stocks with close to no debt is a wise move.

Debt Free Penny Stocks with Good Profitability

And since everyone is buying penny stocks these day, you should be investing in the right penny stock so that you are always ahead of most of the population.

5 Debt Free Penny Stocks with Good Profitability

So, today we have listed 5 Debt Free Penny Stocks with Good Profitability, you should consider these stocks before investing anywhere else.

Singer India Limited

Debt Free Penny Stocks: Singer India Limited (Singer India) is a company in the home furnishings sector. The total valuation (market value) of the company is ₹243 crore. The price of one share of the company is ₹ 47.95 in the BSE market and is not listed on the NSE market. The company was established in the year 1977.

As per the report provided by the company, the total income for the last year was Rs 454.75 crore and the total sales were Rs 451.169 crore. The company’s net profit stood at Rs 8.122 crore. Singer India Limited has paid tax of -2.606 crores in the current year.

Jamna Auto Industries Limited

Debt Free Penny Stocks: Jamna Auto Industries Limited (Jamna Auto Inds.) is a company in the auto parts and accessories sector. The total valuation (market value) of the company is ₹4,058 crore. The price of one share of the company is ₹107.00 in BSE market and ₹107.00 in NSE market. Jamna Auto Industries Limited was established in the year 1965.

As per the report provided by the company, the total income for the last year stood at Rs 1,081.069 crore and the total sales stood at Rs 1,058.821 crore. The company’s net profit stood at Rs 47.924 crore. Jamna Auto Industries Limited has paid tax of Rs -19.408 crore in the current year.

Ador Fontech Limited

Debt Free Penny Stocks: Ador Fontech Limited is a trading and distribution company. The total valuation (market value) of the company is ₹237 crores. The price of one share of the company is ₹69.05 in BSE market and is not listed on NSE market. Ador Fontech Limited was established in the year 1974.

As per the report provided by the company, the total income for the last year was Rs.177.66 crores and the total sales were Rs.174.92 crores. The company’s net profit stood at Rs 11.33 crore. Adore Phonetech Limited has paid tax of Rs.-3.79 crore in the current year.

Rubfila International Ltd.

Debt Free Penny Stocks: Rubfila International Limited (Rubfila Internatl.) is a company in the auto tire and rubber products sector. The total valuation (market value) of the company is ₹432 crores. The price of one share of the company is ₹83.60 in BSE market and is not listed on NSE market. Rubfila International Limited was established in the year 1993.

As per the report provided by the company, the total income for the last year was Rs.229.964 crores and the total sales were Rs.227.706 crores. The company’s net profit stood at Rs 15.038 crore. Rabfila International Limited has paid tax of -4.185 crores in the current year.

Steel Strips Infrastructures Limited

Debt Free Penny Stocks: Steel Strips Infrastructures Limited (Steel Strips Infra) is a real estate company. The total valuation (market value) of the company is ₹23 crore. The price of one share of the company is ₹ 26.25 in the BSE market and is not listed on the NSE market. Steel Strips Infrastructures Limited was established in the year 1973.

As per the report provided by the company, the total income for the last year was Rs.1.996 crores and the total sales were Rs.1.944 crores. The company’s net profit stood at Rs -2.198 crore.

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