List of 5 Best Penny Stocks of 2022

Please invest after your own research. Dont take it as a investment advice.

What is Penny Stock?

Penny Stocks are those stocks in whose market price are very low and the risk involved in this stocks are very high.  Investment in such stocks may have chances that they converts into multibagger but it is a very speculative investment.

Hathway Cable

Hathway Cable & Datacom is a  subsidiary Reliance Jio Infocomm Pvt Ltd acquired a 72% stake in the company during FY19 for 4100 Cr. Engaged in distribution of internet services through cable is one of the leading Cable Tv and Broadband service providers, having a 5.5 million Home passes and 0.97 million subscribers base.

Hathway Cable

Hathway is the India’s first Cable operator that started Broadband services in India. Company generates its 64.5% of the revenue from Cable TV business  and 35.5% from Boradboand.NSE Symbol  : HATHWAYMarket Cap  : ₹ 2,983 Cr.Current Price : ₹ 16.8High / Low  :₹ 27.6 / 14.4Debt   :₹ 0

TV18 Broadcast Ltd

TV18 Broadcast is engaged in activities spanning across Broadcasting, Digital Content and Allied Businesses.  Incorporated in 2005, TV18 is a subsidiary of Network 18. TV18 has a reach of 100 Mn people every month through digital properties across news & entertainment.

TV18 Broadcast Ltd

TV18 also India’s largest TV News portfolio with a 8.9% share of viewership.  To Compete the OTT market, they has launched their own OTT Platform with a name VOOT in 2020. The OTT provides three variants – Voot, Voot Kids & Voot select. – NSE Symbol  :  TV18BRDCST – Market Cap  : ₹ 7,243 Cr. – Current Price : ₹ 42.2 – High / Low  :₹ 82.6 / 33.1 – Debt   :₹ 697 Cr

The Indian Overseas bank

The Indian Overseas bank is under the Ministry of Finance was founded in February 1937 by M. Ct. M. Chidambaram Chettyarbased in Tamilnadu, India. Currently, they have around 3,400 domestic branches, about 6 foreign branches, and a representative office.

The Indian Overseas bank

The bank has a diversified loan book. retail category accounts for 27% of loan book, followed by agri (27%), MSME (24%) and corporate/ others (22%).NSE Symbol  : IOBMarket Cap  : ₹ 32,512 Cr.Current Price : ₹ 17.25High / Low  :₹ 24.6 / 15.2Debt   :₹ 265,230 Cr.

Himachal Futuristic Communications Limited

Himachal Futuristic Communications Limited is a leading Indian telecom company operate in various segments like manufacturing, Research & Development started in 1987. Company involved in system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC)

Himachal Futuristic Communications Limited

With its wide array of products & services, the company serves Telecom, defense, railways, utilities and security & surveillance networks; both in Private and government sector – NSE Symbol  : HFCL – Market Cap  : ₹ 9,913 Cr. – Current Price : ₹ 72.0 – High / Low  : ₹ 101 / 51.6 Debt   :₹ 756 Cr.

Metals and Minerals Trading Corporation

Metals and Minerals Trading Corporation is the two highest earners of the foreign exchange for India and India’s largest public-sector trading body. MMTC are the leading exporters and importers of coal, iron ore, agro and industrial products.

Metals and Minerals Trading Corporation

MMTC have a vast global trade network in Asia, Europe, Africa, Oceania, and America and also includes the wholly-owned international subsidiary in Singapore.NSE Symbol  : MMTCMarket Cap  : ₹ 6,000 Cr.Current Price : ₹ 40.0High / Low  :₹ 64.8 / 31.0 Debt   :₹ 2,622 Cr