Debt-Free Penny Stocks: Top 11 Penny Stocks That Gave High Returns, Bonus Shares, Dividends

Penny stocks trade at low price and generally they are priced below Rs 10 per share. They are high risk and high reward stocks and require careful consideration before you decide to invest in them. The companies that own these stocks are either smaller firms or new entities. However, some penny stocks have the potential for huge growth if the business they are engaged in boom. These stocks may also turn extremely volatile at time as their prices tend to fluctuate. However, debt free penny stocks are relatively less risky as companies supporting them are free from the burden of debt. If you are keen to invest in debt free penny stocks, you can certainly alleviate the risk factor associated with them. Below are top 10 debt-free penny stocks that you may keep a watch on:

Escorp Asset Management Ltd.: Last trading price of Escorp Asset Management Ltd shares on BSE is Rs 58.90 per share. It offered bonus shares in the year 2022 in 2:3 ratio. The company's market cap stood at Rs 65.48 crore. Escorp Asset Management is engaged in financial services industry. It offered return of 504% in last 5-years, 494% in last 3-years and 180% in last 2-years. In last 1-year, Escorp Asset Management shares fell 3.05% and 17% in last 3-months. The stock today hit 5% lower circuit.

Neil Industries Ltd.: Last trading price of Neil Industries Ltd shares on BSE is Rs 14.25 per share with intraday gain of 1.28%. It operates in NBFC industry and has a market cap of Rs 27.86 crore. Neil Industries Ltd shares slipped over 21% in last 6-months and zoomed 33% in last 1-year. In last 2-years, Neil Industries shares rallied 100%.

Kovalam Investment & Trading Co. Ltd.: Last trading price of Kovalam Investment shares on BSE is Rs 13.46 per share with intraday gain of 4.99% in a weak market when Sensex fell over 900 points. Its market cap is 2.99 crore. It operates in diversified commercial services. The company recommended bonus shares in the ratio of 13:10 in 2013.

TCFC Finance Ltd.: It operates in NBFC industry. The last trading price of TCFC Finance Ltd shares on BSE is Rs 76.55 per share. Its market cap stood at Rs 80.24 crore. TCFC Finance shares slipped over 11% in last 3-months, gained 50% this year, and soared 86% in last 1-year. In last 2-years, TCFC Finance shares soared 144%.

Tokyo Finance Ltd.: Last trading price of Tokyo Finance Ltd shares on BSE is Rs 23.68 per share with intraday decline of over 5%. The NBFC sector stock has a market capitalisation of Rs 16.51 crore. Tokyo Finance shares offered solid returns of 40% year-to-date and surged 125% in last 3-years.

Sheraton Properties & Finance Ltd.: The stock jumped 4.92% in trade today when market remained highly volatile. Last trading price of Sheraton Properties & Finance shares on BSE is Rs 11.52 per share and it has a market capitalisation of Rs 1.38 crore. It gained 4.92% in last 5-years.

Speedage Commercials Ltd.: Last trading price of Speedage Commercials shares on BSE stood at Rs 9.50 per share with decline of 5% in trade today. It is engaged in financial services industry. Its market capitalisation is Rs 0.93 crore.

Dynamic Archistructures Ltd.: Last trading price of Dynamic Archistructures Ltd shares on BSE is Rs 47.51 per share with intraday gain of 2.00%. It operates in NBFC sector and has a market cap of Rs 23.80 crore. Dynamic Archistructures Ltd shares gained 37% in last 1-year and 280% in last 5-years.

Coral India Finance & Housing Ltd.: It operates in diversified commercial services industry. Coral India Finance share price on BSE today is Rs 49.17 per share. Its market capitalisation is Rs 198.17 crore. Coral India Finance shares fell over 10% in last 1-month and jumped over 16% in last 6-months. In last 5-years, Coral India Finance shares surged 391%. It has been offering dividend since 2002 and recommended 13 dividends since then. Its dividend yield is 0.82%

Pyxis Finvest Ltd.: Last trading price of Pyxis Finvest shares on BSE is Rs 9.76 per share with intraday rally of 4.95%. It operates in NBFC sector. The market cap stood at Rs 11.23 crore. In last 1-year, Pyxis Finvest shares gained over 4% and slipped 39% in last 2-years. It has also been declaring dividends since September 2012.

Escorp Asset Management Ltd.: Last trading price of Escorp Asset Management shares on BSE stood at Rs 58.90 per share with intraday fall of 5.00%. Escorp Asset Management has a market capitalisation of Rs 65.48 crore. Escorp Asset Management shares gained 504% in last 5-years, 180% in last 2-years, and fell 3% in last 1-year. In 2024, it jumped 11%. It recommended 2:3 bonus shares in 2022.

Gujarat Toolroom Ltd: Last trading price of Gujarat Toolroom shares on BSE is Rs 12.68 per share with intraday fall of 1.93%. Its market cap is Rs 203.06 crore. In last 2-years, Gujarat Toolroom shares surged 227% and 1131% in last 3-years. In last 1-year, the scrip shares fell 41%. It bagged 310 million order from Reliance Industries Ltd on October 15. It also declared dividend, stock split in 2024 and 2023.

Disclaimer: The stocks highlight the dividend, return, bonus, stock split and are not recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stocks mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.