Top 18 Penny Stocks for Long-Term Investments Will Become a Multibagger

Which Penny Stock is Best for Long-Term Investment?

Investing in penny stocks can be a thrilling yet risky endeavor for those looking to gain high returns. Penny stocks are shares of small-cap companies, typically trading for less than ₹100 per share in India. While they come with high risk due to their volatility, they also offer immense growth potential. In this blog, we will explore top 18 Indian penny stocks for long-term investment, and provide insights into how to navigate the world of penny stocks, ensuring that the content remains highly informative, SEO-friendly, and ready to post.

What are Penny Stocks?

Penny stocks refer to shares of small-cap companies that trade at relatively low prices, typically under ₹100. These companies usually have a market capitalization of less than ₹500 crores and are not yet well-established in the market. Penny stocks are volatile and carry significant risk, but they can provide exponential growth if the company succeeds.

Key Characteristics of Penny Stocks:

1. Low Share Price: Often trading below ₹100, making them accessible to a wide range of investors.
2. High Volatility: Prices can rise or fall dramatically in a short period.
3. Low Market Capitalization: Typically smaller companies that have not yet gained significant market share.
4. Limited Liquidity: Trading volumes are often lower, making it harder to buy or sell large quantities of stock without affecting the price.
5. Potential for Multibagger Returns: If the company grows, the returns can be enormous, sometimes yielding 100x returns.

Also Read: GMR Infra Share Price Target 2025-2040: A Comprehensive Analysis of Future Market Trends

How to Choose Penny Stocks for Long-Term Investment?

When choosing penny stocks for long-term investment, there are several factors to consider:

1. Fundamentals of the Company: Look at the company’s balance sheet, revenue growth, and profitability. Stocks with strong fundamentals are more likely to succeed in the long run.
2. Management Team: A competent and experienced management team is crucial for the company’s future growth.
3. Industry Outlook: Invest in companies within industries that are expected to grow in the future, such as renewable energy, technology, or pharmaceuticals.
4. Growth Potential: Identify companies with products or services that have a strong demand in the market and room for expansion.
5. Risk Tolerance: Understand the risks associated with penny stocks and invest only what you are willing to lose.

Top 18 Penny Stocks in India for Long-Term Investment 2025

We’ve curated a list of top 18 penny stocks for Long-Term Investments that have shown potential for long-term growth. These stocks have been selected based on their market performance, industry outlook, and future growth potential.

1. Vodafone Idea Ltd.

• Sector: Telecom
• Price: ₹10.66
• Why to Watch: Vodafone Idea, once a dominant player, has been struggling but has potential for a turnaround, especially with the rollout of 5G and improvements in their financial structure. However, this stock remains speculative due to the intense competition from Reliance Jio and Airtel.

2. Yes Bank Ltd.

• Sector: Banking
• Price: ₹22.74
• Why to Watch: Yes Bank has been working on restructuring after a massive financial crisis. The company is under new management and is on a recovery path, making it a high-risk, high-reward stock.

3. NHPC Ltd.

• Sector: Hydropower
• Price: ₹95.34
• Why to Watch: NHPC is a government-owned entity and one of the largest players in the hydropower sector in India. With a consistent dividend payout and stable growth, it’s a relatively safer bet for long-term investors.

4. Morepen Laboratories Ltd.

• Sector: Pharmaceuticals
• Price: ₹86.81
• Why to Watch: Morepen has gained prominence with its global reach in healthcare and pharmaceuticals, particularly in APIs (Active Pharmaceutical Ingredients). The company has high growth prospects due to the rising demand for healthcare products.

5. Easy Trip Planners Ltd.

• Sector: Travel and Tourism
• Price: ₹34.81
• Why to Watch: One of India’s top online travel companies, Easy Trip Planners has shown impressive profitability and growth. The Indian tourism industry is expected to grow post-pandemic, making this stock an attractive long-term investment.

6. Ujjivan Small Finance Bank Ltd.

• Sector: Banking
• Price: ₹40.93
• Why to Watch: This small finance bank has been focusing on growing its retail banking portfolio and is positioned to benefit from financial inclusion efforts across India.

7. Suzlon Energy Ltd.

• Sector: Renewable Energy
• Price: ₹81.09
• Why to Watch: As one of the leaders in renewable energy, Suzlon has immense potential for growth, especially with India’s push towards green energy. The company is currently restructuring its debt, which could provide a strong upside.

8. Bank of Maharashtra

• Sector: Banking
• Price: ₹59.83
• Why to Watch: As one of the few profitable public sector banks, Bank of Maharashtra has a strong focus on expanding its loan book and improving operational efficiency.

9. IDFC First Bank Ltd.

• Sector: Banking
• Price: ₹74.19
• Why to Watch: A growing private bank with a strong focus on retail banking, IDFC First Bank has been consistently expanding its presence and improving its financials.

10. TV18 Broadcast Ltd.

• Sector: Media & Entertainment
• Price: ₹44.74
• Why to Watch: TV18 is one of India’s largest media conglomerates, and with the growth in digital media consumption, this stock has strong potential for future growth.

11. Alok Industries Ltd.

• Sector: Textiles
• Price: ₹25.35
• Why to Watch: A major player in the textile industry, Alok Industries has the potential to benefit from the growing demand for Indian textiles globally.

12. Trident Ltd.

• Sector: Textiles & Paper
• Price: ₹35.67
• Why to Watch: A diversified player in the textile and paper industry, Trident has shown consistent growth and profitability, making it an attractive long-term investment.

13. Hindustan Construction Company Ltd.

• Sector: Construction & Engineering
• Price: ₹42.63
• Why to Watch: With the government’s focus on infrastructure development, HCC is well-positioned to benefit from the ongoing projects.

14. RattanIndia Enterprises Ltd.

• Sector: Renewable Energy & E-commerce
• Price: ₹76.87
• Why to Watch: A player in both renewable energy and e-commerce, RattanIndia has significant growth potential in emerging industries.

15. Indian Overseas Bank Ltd.

• Sector: Banking
• Price: ₹58.36
• Why to Watch: Indian Overseas Bank has seen a resurgence in its performance post its restructuring efforts. The bank has reduced its non-performing assets (NPA) and is focusing on growth through small loans and retail banking, making it a viable penny stock for long-term investors.

16. Reliance Communications Ltd.

• Sector: Telecom
• Price: ₹2.02
• Why to Watch: Once a giant in the telecom industry, Reliance Communications is now a high-risk stock. However, the company has valuable assets that could see a turnaround if bought or restructured, making it an interesting bet for speculative investors.

17. Tata Teleservices (Maharashtra) Ltd.

• Sector: Telecom
• Price: ₹85.05
• Why to Watch: Part of the Tata Group, this company has refocused its efforts on enterprise solutions, such as Internet of Things (IoT) and cloud communication. With Tata Group’s backing, this penny stock has a strong growth potential.

18. MMTC Ltd.

• Sector: Metals & Mining
• Price: ₹89.73
• Why to Watch: MMTC is a government-owned enterprise and one of the largest exporters of minerals. It has a vast portfolio that includes precious metals, fertilizers, and other commodities. The company’s international presence provides a long-term growth avenue.

Also Read: Vedanta Share Price Target 2025, 2030, 2040, 2050 – In-Depth Analysis

What is the Most Successful Penny Stock?

Historically, some penny stocks have transformed into multibaggers, offering enormous returns. One of the most successful penny stocks in India is Titan Company Ltd., which was once trading at very low prices and is now a blue-chip company with significant returns over the years.

Which Penny Stock Will Become a Multibagger?

A multibagger stock refers to a stock that multiplies in value several times over. Based on current trends, Suzlon Energy and Vodafone Idea show potential to become multibaggers if their respective industries (renewable energy and telecom) continue to grow and if the companies can successfully navigate their challenges.

Which Penny Stock Will Boom in 2025?

The Indian stock market is highly dynamic, and predicting which stock will boom is challenging. However, sectors like renewable energy, pharmaceuticals, and financial services are expected to grow. Stocks like Suzlon Energy Ltd and NHPC Ltd. have a high probability of booming in 2025, given their industry’s outlook.

Which Penny Stock Will Grow in the Future in 2025?

Looking at the trends, stocks in the renewable energy and healthcare sectors show the most promise. Suzlon Energy and Morepen Laboratories are poised for significant growth by 2025 due to the increasing demand for green energy and healthcare.

What Are the Fastest Growing Penny Stocks?

Based on recent trends, the fastest-growing penny stocks in 2025 include:

1. Suzlon Energy Ltd.
2. Vodafone Idea Ltd.
3. Yes Bank Ltd.
4. Morepen Laboratories Ltd.

These stocks have shown rapid growth due to their industries’ expansion and internal restructurin

How Can I Earn ₹5000 Daily in Stocks?

Earning ₹5000 daily in the stock market is challenging, especially with penny stocks due to their volatility. However, with proper research, risk management, and diversification, consistent gains can be achieved. It’s recommended to focus on swing trading or short-term investments and to have a sound strategy.

Can I Earn ₹10000 Daily from Trading ?

While it is possible to earn ₹10,000 daily through day trading, it requires significant expertise, knowledge, and capital. Day trading in penny stocks can be particularly risky due to their price fluctuations. It’s crucial to use stop-loss strategies and avoid over-leveraging.

What Are the Best Penny Stocks to Buy Right Now?

Some of the best penny stocks to buy right now (as of 2024) include:

1. Yes Bank Ltd.
2. Suzlon Energy Ltd.
3. Vodafone Idea Ltd.
4. Morepen Laboratories Ltd.

Conclusion

Investing in penny stocks offers a great opportunity for high returns, but it comes with a significant risk. The key is to diversify your portfolio, focus on companies with strong fundamentals, and stay informed about market trends. The top 18 penny stocks listed in this blog have shown potential for long-term growth, but it’s important to do thorough research and consult with financial experts before making investment decisions.

1. What are penny stocks?

Penny stocks are shares of small companies that trade at low prices, typically below ₹50 in India. They are considered highly speculative and volatile.

2. Which penny stock is best for a long time?

Stocks like Suzlon Energy, Yes Bank, and Borosil Renewables are often seen as long-term bets due to their growth potential in emerging sectors like renewable energy and finance.

3. Which penny stock will become a multibagger?

Stocks like Vodafone Idea and Suzlon Energy have the potential to become multibaggers with strong restructuring efforts and industry growth.

4. What are multibagger stocks?

A multibagger stock is one that grows in value multiple times from its initial investment. Penny stocks like Morepen Laboratories can become multibaggers over time.

5. Which penny stock will boom in 2024?

Given the industry outlook, Borosil Renewables and Suzlon Energy are expected to perform well in 2024 due to rising demand for green energy.

6. Which penny stock will grow in 2025?

Genus Power and PTC India are strong contenders for growth in 2025, especially in the power and renewable energy sectors.

7. What is the most successful penny stock in India?

Historically, Titan Company Ltd. is one of the most successful penny stocks in India, now transformed into a blue-chip stock.

8. What are the top 10 penny stocks to buy right now?

Top 10 penny stocks to consider in 2024 include Yes Bank, Suzlon Energy, Vodafone Idea, Borosil Renewables, Morepen Laboratories, Indian Overseas Bank, and Tata Teleservices.

9. What are the best penny stocks for long-term investment?

Yes Bank and Suzlon Energy, are considered strong penny stocks for long-term investment.

10. Which penny stocks are fast-growing?

Fast-growing penny stocks in 2024 include Vodafone Idea, Suzlon Energy, Morepen Laboratories and Yes Bank.

11. How can I earn 5000 daily from stocks?

Earning ₹5000 daily from stocks requires a well-planned strategy, including day trading or short-term investments in volatile stocks. Penny stocks can help achieve this with careful risk management.

12. Can I earn 10000 daily from trading?

Yes, but it requires significant knowledge of technical analysis, trading experience, and careful risk management, especially when trading volatile penny stocks.

13. What are the risks of investing in penny stocks?

Penny stocks are highly volatile, with risks including price manipulation, low liquidity, and the potential for companies to go bankrupt.

14. Is it safe to invest in penny stocks?

Investing in penny stocks is risky, but with proper research, it can lead to high returns. Diversification and risk management are crucial.

15. What sectors should I look for in penny stocks?

Sectors like renewable energy, pharmaceuticals, telecom, and banking offer promising penny stocks.

16. Are penny stocks good for beginners?

Penny stocks are not generally recommended for beginners due to their high volatility and risk. It’s better to start with more stable investments.

17. Can penny stocks make you rich?

Yes, penny stocks can make investors rich if they pick the right companies, but the chances of loss are equally high due to market volatility.

18. Which penny stocks are listed on NSE?

Some penny stocks listed on the NSE include Yes Bank, Suzlon Energy, and Vodafone Idea.

19. What is the cheapest penny stock to buy in 2024?

As of 2024, Reliance Communications is one of the cheapest penny stocks, trading below ₹5.

20. Which penny stocks have the highest potential in India?

Stocks like Vodafone Idea, and Yes Bank have the highest potential due to their strong industries and restructuring efforts.

21. Which penny stock will double in 2025?

Suzlon Energy has the potential to double in 2025, especially with the global push for renewable energy solutions.

22. What factors should I consider before investing in penny stocks?

Key factors include company fundamentals, industry trends, liquidity, and potential for growth. Avoid stocks with too much debt.

23. What are the benefits of investing in penny stocks?

Penny stocks offer the potential for high returns with relatively low initial investment, but they come with high risks.

24. What is the difference between penny stocks and blue-chip stocks?

Penny stocks are low-priced, high-risk, and often have small market capitalizations. Blue-chip stocks are large, established companies with stable earnings.

25. How do I buy penny stocks in India?

You can buy penny stocks through brokerage accounts on exchanges like the NSE or BSE. Research and professional advice are recommended.

26. Which penny stock is the best in NSE?

Yes Bank is considered one of the best penny stocks currently trading on the NSE due to its strong market position and recent improvements.

27. Can penny stocks recover after a fall?

Yes, but recovery depends on the company’s ability to turn around its business, restructure debts, and capitalize on industry trends.

28. What are the disadvantages of penny stocks?

Disadvantages include low liquidity, high volatility, potential for price manipulation, and the high risk of company bankruptcy.

29. Why are penny stocks considered risky?

Penny stocks are considered risky due to their low liquidity, high volatility, and the lack of transparency from many of the companies issuing them.

30. What are the best penny stocks to buy right now?

Some of the best penny stocks to buy in 2025 include Yes Bank, Suzlon Energy, and Vodafone Idea.

31. What is the price range of penny stocks?

Penny stocks in India typically trade below ₹50, though prices can vary depending on market conditions.

32. Which penny stocks should I avoid?

Avoid penny stocks with weak fundamentals, high debt, and poor management. Stocks with low trading volume and liquidity can also be risky.

33. How do penny stocks get listed on NSE or BSE?

Penny stocks get listed on the NSE or BSE through an Initial Public Offering (IPO) or by meeting the exchange’s listing criteria.

34. Which sectors will see the most growth in penny stocks by 2025?

Renewable energy, telecommunications, and pharmaceuticals are expected to see significant growth by 2025, making them good sectors for penny stock investment.

35. What is the liquidity risk in penny stocks?

Liquidity risk refers to the difficulty in buying or selling penny stocks due to low trading volume, which can make it hard to exit a position without affecting the stock price.

36. Can penny stocks become blue-chip stocks?

Yes, but it’s rare. Companies like Titan started as small-cap stocks and eventually became blue-chip companies.

37. What is the minimum capital needed to invest in penny stocks?

You can start investing in penny stocks with as little as ₹500, but it’s advisable to invest only what you’re willing to lose due to the high risk involved.

38. How can I minimize risks when investing in penny stocks?

Diversifying your investments, doing thorough research, and investing in sectors with strong growth potential can help minimize risks.

39. What is the best time to invest in penny stocks?

The best time is when the stock is undervalued based on company fundamentals, or during broader market downturns when prices are low.

40. Do penny stocks pay dividends?

Some penny stocks may pay dividends, but it’s rare. Most of these companies reinvest their profits back into the business to fuel growth.

41. Can penny stocks be part of a retirement portfolio?

Penny stocks can be part of a retirement portfolio, but only as a small portion due to their high-risk nature. It’s better to focus on safer, more established stocks for retirement.

42. What happens if a penny stock company goes bankrupt?

If a company goes bankrupt, its shares can lose all value, resulting in a total loss for investors. Bankruptcy proceedings can sometimes offer partial recoveries, but they are rare.

43. How to identify a potential multibagger penny stock?

Look for companies with strong business models, growing industries, low debt, and high growth potential. Thorough research into management and industry trends is key.

44. Which penny stocks have high liquidity?

Stocks like Yes Bank and Vodafone Idea have high liquidity due to their high trading volumes.

45. Why do penny stocks have low prices?

Penny stocks have low prices due to their small market capitalization, low revenue, or poor financial performance. Many are also young companies still growing.

Disclaimer

We are not SEBI-registered advisors. Investing in the stock market involves risks, and you should consult with a certified financial expert before making any investment decisions. This article is for educational purposes only, and we are not responsible for any losses or profits incurred from following the information provided. Always invest responsibly and based on proper research.