5 Best Penny Stocks under Rs 3 in 2024

Published : 20 June 2024

Yamini Investments Company

Established in 1983, the company engages in a range of investment activities. Its shares are trading at around Rs. 1.04 at present with ROCE and ROE of 0.50% and 0.37% while the OPM is noted at 4.39%.

Empower India

The company operates in the space of computer electronics, power electronics, and computer hardware/software development. It is currently trading at around Rs. 2.15 with an ROCE of 2.34% and an ROE of 2.30%. Its OPM is 6.00%.

Kretto Syscon

The company offers a diverse range of intraocular lenses, contact lenses, optical glasses, optical frames, along with their accompanying accessories. Its shares are trading at around Rs. 1.21 at present with ROCE and ROE of 2.04% and 1.52% while the OPM is noted at 0.

ARC Finance

The company is a not-for-profit organisation that works to enhance financial access to clean energy and water resources. It is currently trading around Rs. 1.10 with an ROCE of 0.89% and an ROE of 0.53%.  Its OPM is around 4.96%.

NCL Research and Financial Services

The company is involved in activities around capital markets and sells different securities and financial products. It is currently trading at around Rs. 0.92 with an ROCE of 1.79% and ROE of 1.45%.  Its OPM is around 18.59%.