August 26, Tuesday: Now investing is a new trend among the young people. Investment is all about spotting the next big winner before it takes off. With the world changing rapidly and new technologies reshaping industries now, a modest investment in the right company can give significant returns.
Large, popular and established companies and their returns often seem attractive, their high valuations can make them less accessible for retail investors and common people who wants to start investing. To solve this, Penny stocks comes to fill the gap.
What are Penny Stocks?
Penny stock refers to shares of smaller or unpopular or lesser-known companies that usually trade at prices under ₹100. The Penny stocks are stocks that are priced very low, mostly under Rs 20 per share, and such companies have low market capitalization as well.
Though these small companies can be risky enough and unpredictable, but when their growth plans click, they usually can deliver some of the biggest returns.
Here's the list of 4 penny stocks that anyone can afford:
1. Ola Electric Mobility
First on this list is Ola Electric Mobility. Ola Electric Mobility is an electric vehicle company that specialises in manufacturing electric vehicles (EVs) and core components essential for EVs, including battery packs, motors, and vehicle frames.
Ola is India's biggest electric two-wheeler (E2W) maker. The company reached a peak market share of 48.6% in Q1 FY25 and declined to 19.6% in Q1 FY26. There is still a slight improvement from its previous quarter share of 18.5% in the E2W space.
2. Suzlon Energy
The second on the list is Suzlon Energy. The company is one of the leading global renewable energy solutions providers. It is a vertically integrated wind turbine manufacturer. It has installed 20+ GW of wind energy in 17 countries and 111+ wind farms with a capacity of 13,880 MW.
In the past few quarters, performance has been a worry, as installations accounted for only 20% of deliveries. Momentum is on the rise, with Q2 FY26 experiencing increased deliveries and 547 MW currently in pre-commissioning. Suzlon Energy experienced a significant turnaround after 2021, achieving robust profitability in FY23, while FY24 witnessed reduced margins and returns.
3 NHPC
Next on the list is NHPC. It is a Mini Ratna category 1 public sector utility, is the Government of India's flagship hydroelectric generation company. The company is primarily involved in the generation and sale of bulk power to various power utilities.
NHPC Ltd operates 28 power stations across 15 states and 2 UTs. The company has an installed capacity of 7,233 MW, including hydro and renewables. It's one of India's largest hydropower producers, with 6,971 MW of hydropower (15% of the country's total).
Over the years, NHPC has maintained steady profitability with stable margins, though revenue growth and returns have shown moderate fluctuations.
4 HCC
Last on the list is HCC. HCC is involved in the engineering and construction of infrastructure projects. The infrastructure includes - dams, tunnels, bridges, hydro, nuclear, and thermal power plants, expressways and roads, marine works, water supply, irrigation systems, and industrial buildings across the country.
Over the years, HCC's performance has shown significant fluctuations, with periods of strong recovery followed by steep declines, reflecting the company's volatile growth trajectory.
Investing in penny stocks that could potentially turn multibaggers in 2026 can be exciting but it's not without risks.
