These Penny stocks are debt free Earn Good Profits.

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Penny stocks are the talk of the town these days.

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They have become the favourite category for many retail individuals, especially first-time investors.

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These investors flock towards penny stocks with the hope of making big money in them.

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But just because the risk-reward ratio seems extremely high here, it doesn't mean that penny stocks will make an investor rich.

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Penny stocks with stable and strong balance sheets - with low or zero debt and decent dividend payout - can fare much better against their peers, both in positive and adverse times.

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Such companies deserve to be a part of the stock watchlist.

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5 Debt Free Penny Stocks with Good Profitability:

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Steel Strips Infrastructures Limited

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Steel Strips Infrastructures Limited (Steel Strips Infra) is a real estate company.

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The total valuation (market value) of the company is ₹23 crore.

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The price of one share of the company is ₹ 26.25 in the BSE market and is not listed on the NSE market.

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Steel Strips Infrastructures Limited was established in the year 1973.

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