One Of The Best Penny Stock To Buy For Long Term , Expected Bumper Returns In 3 Months
First of all you should know about the concept of Penny stock ?
Penny Stocks refer to shares in a company with a low price and low trading volume . Because this market has low liquidity, there is also high volatility . This means more opportunities for larger profit or losses .
Penny stocks are stocks that are priced very low, mostly under 20 rupees shares, and such companies have low market capitalization as well. A company's market cap is the value of outstanding shares trading in the market.
Today we are discussing the one of the best Penny Stocks right now to buy for the long term , this Penny Stocks received a big order from a Singapore IT firm .
The shares of this company with a market cap of about 100 and 20 crore had closed at 7.71 a day ago .
If any has also filled the pockets of investors and closed with a rise of about 5% . This company is none other than Pressure Sensitive Systems (India) Limited . If experts are to be delivered, in Coming days the company can make huge profit for the investors and can give returns up to 400% .
A Rise of about 5% was seen :-
There has been a continuous rise in the sales of Pressure sensitive system( India) Limited, Ek clothing tape manufacturing company .
Can give returns of 400% in 3 months
The current price of company shares is 8 rupees stock market experts are adopting a hawkish stance regarding this Stock. Experts have set a target of Rs 40 shares in the upcoming 3 months. This means that companies' shares can give investors a return of 5 times , for example 400% in the next 3 months .
Good performance in last quarter
According to the information, last June quarter results of the company have been quite excellent. The company has generated a consolidated Revenue of 96 crore in this quarter .
Pressure sensitive system( India) Limited Order received from Singapore IT company
The main reason for the rise in the shares of Pressure sensitive system( India) Limited is its strong orders , which are in the pipelines. This order can take the company's share to a new high in the coming months. The company has recently received and ordered 96 crore from a Singapore IT firm . The effect of which is visible in the shares of the company .
Conclusion ➖
For my opinion you should have to buy this Penny Stocks if you have a 5 to 10000 rupees you should invest because the this company have a target of Rs 40 in next 3 months , Maybe this company doesn't achieve the his target, But if this company achieves the target of 300 or even 250 percent then you will get good returns.
For Example ➖
