10 Fastest Growing Penny Stocks in India

Penny stocks represent hidden investment opportunities for risk-takers and opportunity seekers in the fast-paced stock market. These low-cost, high-volatility stocks offer the potential for quick investment returns but are often risky.

In this blog, we will discuss how some small-cap stocks have delivered exceptional returns over the past few years. We will explore the top 10 fastest-growing penny stocks, the benefits of investing in them and the risks associated.

What is a Penny Stock?

Penny stocks are generally priced at INR 100 or less per share, making them an attractive investment option for retail investors. Penny stocks are ideal for those ready to take high risks for the chance of high rewards. Small investors with limited funds looking to begin their investment journey can also invest in penny stocks after conducting due diligence.

List of Fastest Growing Penny Stocks in India

The list of fastest-growing stocks is as follows:

1. RattanIndia Enterprises Ltd.
2. Globe Commercials Ltd.
3. Ola Electric Mobility Ltd.
4. Pentokey Organy (India) Ltd.
5. Classic Leasing & Finance Ltd.
6. Andhra Cements Ltd.
7. Cressanda Railway Solutions Ltd.
8. 7Seas Entertainment Ltd.
9. Pulsar International Ltd.
10. Yuranus Infrastructure Ltd.

Market Information of Top 10 Fastest Growing Penny Stocks

Company	Current Market Price (₹)	Market Capitalization (in ₹ Crores)	52-Week High (₹)	52-Week Low (₹)	5-Yr Return (%)	3-Yr Sales CAGR (%)
RattanIndia Enterprises Ltd.	56.8	7,846	83.0	37.4	1,109.56%	3,728.1%
Globe Commercials Ltd.	29.2	17.5	44.0	22.2	927.30%	2,353%
Ola Electric Mobility Ltd.	57.7	25,455	118	39.6	NA	1,696.5%
Pentokey Organy (India) Ltd.	44.8	28.1	64.0	27.5	500.25%	1,584.4%
Classic Leasing & Finance Ltd.	35.4	10.6	59.2	19.2	1,011.59%	1,398.3%
Andhra Cements Ltd.	98.0	903	110	48.2	31.05%	1,276.9%
Cressanda Railway Solutions Ltd.	4.46	185	14.2	3.25	5,436.84%	1,199.3%
7Seas Entertainment Ltd.	92.0	205	101	54.0	675.35%	812.7%
Pulsar International Ltd.	2.99	21.4	25.0	2.52	14,527.27	626.4%
Yuranus Infrastructure Ltd.	91.1	31.9	124	57.8	785.53%	529.1%

Overview of the Fastest Growing Penny Stocks in India

Overview of the fastest growing penny stocks in India are:

1. RattanIndia Enterprises Ltd.

RattanIndia Enterprises, previously India Bulls Infrastructure and Power Limited, is an Indian company that has shifted from traditional energy to a technology-driven business. The company was incorporated in 2010 as a wholly owned subsidiary of Indiabulls Real Estate Limited. In 2014, after a divide among India Bulls promoters, the energy division was renamed RattanIndia.

RatanIndia historically operated coal-based thermal power plants in Maharashtra, which are located in Nashik and Amravati. In September 2020, RattanIndia sold its entire solar portfolio of 306 MW to global infrastructure partners for ₹1,670 crores, exiting the solar energy sector.

Key ventures include;

• Cocoblu Retail is a wholly owned subsidiary, and one of India’s largest online retailers focused on growing brands through digital channels.
• Revolt Motors is a leading electric motorcycle company in India dedicated to making electric vehicles accessible to everyone.
• Wefin is a digital marketplace that provides instant personal loans, two-wheeler loans and credit cards in collaboration with top banks and NBFCs in India.
• NeoSky India Ltd. is a wholly owned subsidiary that is a leader in India’s drone industry, offering a complete range of drone-as-a-product and drone-as-a-service solutions.
• Neobrands Limited is a direct-to-consumer fashion company that offers stylish and affordable clothing for men and women.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-32.45%	7.49%	754.29%

2. Globe Commercials Ltd.

Globe Commercials Limited is a public limited company established on January 9, 1985 and started operations on June 6, 1985. Globe Commercials originally traded commodities like sanitary wares, cotton, jute, and steel-related items. Gradually, the company expanded its offerings to include financing, management consulting, and real estate services.

In the fiscal years 2022 and 2023, Globe Commercials expanded its operations and began dealing in agricultural commodities and e-commerce solutions. Throughout its history, Globe Commercials Limited has showcased remarkable adaptability by expanding its business interests and seizing new market opportunities.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-13.55%	396.35%	399.32%

3. Ola Electric Mobility Ltd.

Ola Electric Mobility, founded in 2017 by Bhavish Aggarwal of Ola Cabs, is an Indian electric vehicle manufacturer based in Bangalore, Karnataka. The company produces electric two-wheelers, especially the Ola S1 series and aims to transform urban mobility with sustainable transportation. In May 2020, Ola Electric entered the electric scooter market by acquiring the Amsterdam-based manufacturer Etergo.

In 2022, the company announced plans for a Battery Innovation Centre in Bangalore to develop advanced cell technologies. The company went public in August 2024, raising a substantial amount of capital for its expansion. Ola Electric is revolutionizing electric mobility and helping India move towards sustainable transport solutions.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-51.19%	-24.21%	-24.21%

4. Pentokey Organy (India) Ltd.

Pentokey Organy (India) Ltd. was established in 1986 and is a public company that manufactures and trades organic chemicals. The company offers acetic acid, ethyl acetate and various pharmaceutical products.

The company has a manufacturing facility at the MIDC Lote Parshuram Industrial Estate in Maharashtra. Over the years, the company has built a strong reputation in the chemical industry by producing and distributing important organic materials for various industrial uses.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-22.84%	116.18%	713.64%

5. Classic Leasing & Finance Ltd.

Classic Leasing and Finance Limited is a key Indian non-banking finance company based in Kolkata and was established on April 2, 1984. With decades of experience in the financial sector, the company specializes in providing a wide range of financial services, including leasing loans and investment solutions. The company’s commitment to customer satisfaction and innovative financing options has positioned it as a trusted partner for both individuals and businesses.

In the 2000s, the company expanded its portfolio to meet the changing financial landscape and rising demand for diverse financial products. In recent years, the company has reinforced its market position and has consistently performed well in the NBFC sector.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
78.45%	250.00%	448.91%

6. Andhra Cements Ltd.

Andhra Cements, founded in 1936, is a well-established company in India’s cement industry. The company established its first manufacturing unit in Vijayawada in 1940 with a capacity of a hundred tons per day, which further increased to an annual production of 2,40,000 tonnes by 1970. 

However, cement production was stopped from February 2020 to March 2023 due to financial issues, leading creditors to file an insolvency petition in April 2022. A resolution plan by Sagar Cements Ltd. (SCL) was approved by the NCLT on February 16, 2023. SCL invested ₹322 crores to obtain a 95% stake in Andhra Cements and took over management in March 2023.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
7.76%	78.60%	78.60%

7. Cressanda Railway Solutions Ltd.

Cressanda Railway Solutions Ltd., previously known as Cressanda Solutions, is an Indian company established in 1985 and listed on BSE Limited.

In 1985, Cressanda Solutions Ltd. was founded and specializes in IT and digital media services. In 2022, the company promoted four wholly owned subsidiaries to diversify its operations and benefit the stakeholders. In 2023, Cressanda secured contracts for Kolkata Metro and Eastern Railway for advertising concierge services, Wi-Fi, and on-demand content.

In December 2023, the company was renamed Cressanda Railway Solutions Ltd. to emphasize its focus on railway support services. The company provides various services, including transit display, advertising, concierge services, personalized support, entertainment, shopping, and advertisements.

Cressanda Renewable Energy Solutions Ltd., a subsidiary of the company, offers consulting, EPC, products, and post-installation management services, addressing all aspects of renewable energy for clients.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-69.10%	87.95%	1,521.85%

8. 7Seas Entertainment Ltd.

7Seas Entertainment Ltd., founded in 2006, is a leading Indian game development company focused on mobile online and PC games. The company has created over 650 native games in various genres, such as puzzle, girls, action, arcade, shooting, kids, and cricket.

Some standout titles are Mouse Maze, Turbospirit, The Dark Man and Killer Instinct. The company runs various gaming sites, including Onlinerealgames.com and Mobizilla.com, providing a diverse selection of games for users. The company has won several awards for its impact on the gaming industry, including the FICCI BAF award for mobile games in 2012. 7Seas Entertainment is dedicated to creating high-quality games for a global audience, using innovation to meet customer expectations.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
13.27%	326.91%	957.47%

9. Pulsar International Ltd.

Pulsar International Limited is an Indian investment company involved in trading, imports/exports, finance and consulting. The company has a small team and specializes in trading and consultancy services. The company was founded in 1990 and is headquartered in Palanpur, Gujarat, India. For over 30 years, Pulsar International has maintained its position in competitive markets through trading excellence and financial management. Its legacy lies in its ability to adapt within sectors characterized by volatility and fluctuations.

The company focuses on creating more opportunities and fulfilling the needs of the clients in the dynamic finance sector, even though it operates on a smaller scale than larger industry competitors.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-79.44%	1,348.90%	2,184.03%

10. Yuranus Infrastructure Ltd.

Yuranus Infrastructure Limited, previously Pankhill Finlease Ltd., was established as a non-banking financial company (NBFC) in India on February 22, 1994. In April 2012, the company rebranded as Yuranus Infrastructure Limited, marking a strategic move into the infrastructure and real estate sectors. The company has expanded its operations into multiple sectors, such as textile trading, cotton export, infrastructure development and financial services.

Yuranus Infrastructure is headquartered in Ahmedabad, India, and has operations across various sectors. Over the years, the company has evolved from a financial services provider to a conglomerate with operations in textiles, agriculture, real estate, and finance, impacting various sectors of the Indian economy.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
17.11%	1,423.08%	642.90%

Benefits of Investing in Fastest-Growing Penny Stocks

Some of the advantages of investing in the fastest-growing penny stocks are given below:

• High returns: Penny stocks generally are priced lower, which can lead to impressive gains from even minor price fluctuations
• Undervalued opportunities: Rapidly growing penny stocks often signify undervalued companies with decent growth possibilities. As these companies grow, their stock prices could soar quickly, resulting in substantial returns.
• Accessible at an Affordable Price: Penny’s stocks generally trade below ₹100, making them accessible for investors with limited budgets. This enables investors to buy more shares with a smaller investment amount.
• Diversification: Penny stocks enable investors to diversify their portfolios and reduce risk.
• Innovative startups: Startups often represent Penny’s stocks from small or emerging companies poised to disrupt traditional industries. Investing early in these businesses can lead to significant gains as these businesses scale up. 
• Opportunity for Active Traders: Penny stocks are usually mispriced because of low liquidity, minimal analyst coverage and market inefficiencies. Investors who engage in comprehensive research actively can discover opportunities before others.
• Retail Investors Advantage: Retail investors can benefit from investing in these stocks as institutional investors usually avoid them due to their low liquidity. 

Risks of Investing in Fastest-Growing Penny Stocks

Investing in fast-growing penny stocks carries major risks that may exceed the potential rewards. Let us discuss some of the main risks involved,

• Price fluctuations: Penny stocks can have significant price changes in a short time. High volatility makes them unpredictable, which can result in losses.
• Market sentiment impact: Market sentiment can cause price fluctuations due to news, rumors, or market trends, making it difficult to predict stock movements.
• Low trading volumes: Penny stocks usually have low liquidity, which makes it difficult to buy or sell shares without affecting the stock price. Additionally, penny stocks are vulnerable to pump-and-dump schemes due to low liquidity.

• Unstable companies: Many penny stocks are of companies that struggle with operational issues, high debt or low revenues and are at a higher risk of bankruptcy than established companies. 
• Delisting risks: Companies that do not meet minimum exchange requirements may get delisted, which can lower liquidity and reduce investor confidence.
• Opportunity cost: Investing in high-risk penny stocks may cause you to overlook safer, more reliable options that offer stable returns over time.

Conclusion

To sum it up, investing in the fastest-growing penny stocks can be a risky endeavor. On one hand, it presents the opportunity to earn high profits with minimal upfront investment. Conversely, it presents considerable risks including volatility, low liquidity, lack of transparency, and a vulnerability to fraud and scams. Penny stocks can offer high rewards and diversification, but it is important to analyze them thoroughly before investing. It is advised to consult a financial advisor before investing. Balancing high-risk investments with a stable, diversified portfolio is essential for long-term financial success.

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