NSE BSE penny stocks for budget 2010 india
Buying penny stocks means doing stock market investment research yourself as these stocks are not covered by most of online brokerages.
If you want to buy penny stocks please keep in Mind
1) the risk is very high
2)Slippages costs are quite high due to low volume of penny stocks
Penny stock trading Accurate timing and a resolve to exit with small stop losses when trade goes against you .
Below are some penny stocks which have shown good growth in Sales and profit and are relatively safe
GABRIEL INDIA LTD.
BSE Code: 505714
its S group Stock and manufacturer of Auto Parts & Equipment
Sales have risen from 122 crores in Dec 2008 to nearly 186 Crores in Dec 2009
Corresponding PAT is 18.69 crores vs 6.56 Crores earlier
CMP:Rs 33.60
Recommendation : buy at CMP or at any Dip
If you want more safety and can wait for some time buy any Dip below Rs 30.
JAY USHIN LTD.
makes Auto Parts & Equipment
BSE Code: 513252
CMP :Rs 91.50
Fundamental Analysis
| Dec ‘08 | Mar ‘09 | Jun ‘09 | Sep ‘09 | Dec ‘09 | |
| Sales Turnover Rs Crore | 56.87 | 70.34 | 78.86 | 86.08 | 91.95 |
| Net Profit Rs Crore | 0.01 | 0.56 | 1.29 | 0.93 | 1.38 |
| Earnings Per Share | 0.03 | 1.45 | 3.33 | 2.41 | 3.58 |
| Face Value | 10 | 10 | 10 | 10 | 10 |
Technical Charts
Buy at CMP With Appropriate stop loss and leave it For 6 months
NIKHIL ADHESIVES LTD.
BSE Code: 526159
Industry : Chemicals
CMP: Rs 33
Results
| Sep ‘08 | Dec ‘08 | Mar ‘09 | Sep ‘09 | Dec ‘09 | |
| Sales Turnover Rs Crores | 31.62 | 20.2 | 28.31 | 30.63 | 28.17 |
| Operating Profit in Rs Crores | 1.34 | 1.08 | 1.15 | 1.84 | 2.1 |
| Net Profit in Rs Crores | 0.24 | 0.01 | 0.15 | 0.65 | 0.84 |
| Earnings Per Share in Rs | 0.61 | 0.04 | 0.39 | 1.65 | 2.16 |
| Equity | 3.91 | 3.91 | 3.91 | 3.91 | 3.91 |
| Face Value | 10 | 10 | 10 | 10 | 10 |
NIKHIL ADHESIVES LTD.technical Chart 
verdict:Buy At Dips Near Rs 30 with 3-4 Rs stop loss
We will review these penny stock picks after 3-4 months
I am a senior citizen. I find this quite useful. Good job from you. Thanks.
G.Gopal
Dear Sir
thanks for your comment.you took time to post a comment.our work is rewarded with it
regards
Very Nice Suggestions……You guys r doing a great job……Keep it up.
Learning to identify an undervalued stock requires an investor to be in tune with market cycles, and act with courage when they find an opportunity. For example in the last 6-9 months, the global financial crisis saw the share price of most banks tumbling, by more than 50% in some cases. Anyone buying at that time might have doubled their money by now – an incredible return. Of course, buying shares in the middle of a huge market crash requires nerves of steel – but you can bet that the big boys were doing just that.
Can U suggest 2-3 penny stocks for 6 months Period ???
Thanks in Advance…
sir ibuy fcssoft 25000 @120 right now its 3.80 so plz tell what to do should i buy more to cover it or wait till it will come on right price. thanks
can u pls suggest me1 or 2 penny stocks