Below are 3 penny stocks below rs 20 which has full potential of giving more than 100% returns in years. Just buy in large quantity and stay invested
1. RANASUG - 16 RS
Rana Group of Companies made a humble beginning in mid 80’s when Rana Gurjeet Singh, group’s Founder set-up Agro Boards Limited a Kraft Paper unit in Punjab. Success of this maiden venture was duly recognized by apex state owned industrial promotion corporations and this led to Rana Group’s ventures with different state owned corporations.
After the success of Agro Boards, Rana Group diversified into sugar manufacturing by setting its first unit at Buttar Sevian, Punjab in 1993. Over the years the group has proved established itself as a pioneer in the sugar industry. Today, the group is in Sugar, Alcohol, Power Generation and Textile Sector.
Sugar is very vital part of the rural economy and Rana Group supports the cause of the sugar farmers. The group is actively involved with the farming community in order to improve yields and quality of sugarcane.
Quality, consistency and relationships have propelled the group to become one of the most successful industrial houses in north India. Rana Group, under the guidance of its reputable management aims to achieve a turnover of over $200 million in FY2010.
2. BRIGHTCOM GROUP LIMITED - 8.50 RS
Brightcom Group consolidates Ad-tech, New Media and IoT based businesses across the globe, primarily in the digital eco-system. Clients include leading blue chip advertisers like Airtel, British Airways, Coca-Cola, Hyundai Motors, ICICI Bank, ITC, ING, Lenovo, LIC, Maruti Suzuki, MTV, P&G, Qatar Airways, Samsung, Viacom, Sony, Star India, Vodafone, Titan, and Unilever. Publishers include Facebook, LinkedIn, MSN, Twitter, and Yahoo! Brightcom works with agencies like Havas Digital, JWT, Mediacom, Mindshare, Neo@Ogilvy, Ogilvy One, OMD, Satchi&Satchi, TBWA, and ZenithOptiMedia, to name a few.
Brightcom consumer products division is focused on IoT. Our LIFE product is dedicated to the future of communication and information management in which everyday objects will be connected to the internet, also known as the “Internet of Things” (IoT).
3. ALOK INDUSTRIES - 20 RS
Alok Industries Ltd is an Indian textile manufacturing company based in Mumbai. It is an ISO 9001:2000 certified company. The main business activity of Alok industries involves weaving, knitting, processing, home textiles, ready-made garments and polyester yarns. The company exports around 26% of its products to over 90 countries in Europe, South America, Asia, the US and Africa. Reliance Industries Ltd and JM Financial Ltd took over this company right after having acquired it in bankruptcy proceedings.