Penny stocks are those which are traded at very low prices. Though there is no standard definition in India, the US Securities and Exchange Commission (SEC) has defined all shares trading below $5 as penny stocks, as per Investopedia’s report. Penny stocks mostly have low market capitalisation and are highly illiquid at the exchanges. They are mostly under-researched stocks and may not be well-known to the larger investing public. Here is the list of stocks traded below Rs 20 and are held by domestic mutual funds. Data compiled from BSEIndia.com shows that most of them have been traded in a narrow range over the last two years. Portfolio data source is ACEMF and were as of September 30, 2022
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City Online Services Stock price (as of Oct 12, 2022): Rs 4.7 Number of schemes that held the stock: 1 MF’s investment value: Rs 0.1 crore BSE Mcap (Full): Rs 2 crore Sector: Telecommunication - Service Provider Scheme that held the stock: DSP Equity Opportunities Fund
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Shukra Jewellery Stock price (as of Oct 12, 2022): Rs 6.5 Number of schemes that held the stock: 1 MF’s investment value: Rs 0.1 crore BSE Mcap (Full): Rs 9 crore Sector: Diamond & Jewellery Scheme that held the stock: UTI ULIP
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Sadbhav Infrastructure Project Stock price (as of Oct 12, 2022): Rs 6.7 Number of schemes that held the stock: 4 MFs’ investment value: Rs 4.4 crore BSE Mcap (Full): Rs 236 crore Sector: Engineering – Construction Scheme that held the stock: HDFC Capital Builder Value Fund
SRM Energy Stock price (as of Oct 12, 2022): Rs 7.6 Number of schemes that held the stock: 1 MF’s investment value: Rs 0.2 crore BSE Mcap (Full): Rs 7 crore Sector: Textile Scheme that held the stock: UTI ULIP
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Vodafone Idea Stock price (as of Oct 12, 2022): Rs 8.7 Number of schemes that held the stock: 3 MFs’ investment value: Rs 6.5 crore BSE Mcap (Full): Rs 27,847 crore Sector: Telecommunication - Service Provider Schemes that held the stock: DSP Dynamic Asset Allocation, DSP Equity Savings, SBI Equity Savings Fund
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Gayatri Bio Organics Stock price (as of Oct 12, 2022): Rs 10.2 Number of schemes that held the stock: 1 MF’s investment value: Rs 0.5 crore BSE Mcap (Full): Rs 63 crore Sector: Consumer Food Scheme that held the stock: SBI Large & Midcap Fund
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Tine Agro Stock price (as of Oct 12, 2022): Rs 11.1 Number of schemes that held the stock: 1 MF’s investment value: Rs 0.2 crore BSE Mcap (Full): Rs 6 crore Sector: Textile Scheme that held the stock: Baroda BNP Paribas Multi Cap Fund
MEP Infrastructure Developers Stock price (as of Oct 12, 2022): Rs 15.2 Number of schemes that held the stock: 2 MFs’ investment value: Rs 10.4 crore BSE Mcap (Full): Rs 278 crore Sector: Engineering – Construction Schemes that held the stock: HDFC Balanced Advantage, HDFC Infrastructure Fund
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Sadbhav Engineering Stock price (as of Oct 12, 2022): Rs 12.9 Number of schemes that held the stock: 5 MFs’ investment value: Rs 24.6 crore BSE Mcap (Full): Rs 221 crore Sector: Engineering – Construction Schemes that held the stock: Aditya Birla SL Balanced Advantage, Aditya Birla SL Infrastructure, HDFC Hybrid Equity, HDFC Small Cap, SBI Contra Fund
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Hindustan Construction Company Stock price (as of Oct 12, 2022): Rs 14.5 Number of schemes that held the stock: 3 MFs’ investment value: Rs 101.2 crore BSE Mcap (Full): Rs 2,195 crore Sector: Engineering – Construction Schemes that held the stock: HDFC Balanced Advantage, HDFC Flexi Cap, HDFC Infrastructure Fund
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PTC India Financial Services Stock price (as of Oct 12, 2022): Rs 14.2 Number of schemes that held the stock: 1 MF’s investment value: Rs 14.2 crore BSE Mcap (Full): Rs 914 crore Sector: Finance – NBFC Scheme that held the stock: Quant Small Cap Fund
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YES Bank Stock price (as of Oct 12, 2022): Rs 16.0 Number of schemes that held the stock: 3 MFs’ investment value: Rs 2.6 crore BSE Mcap (Full): Rs 40,089 crore Sector: Bank – Private Schemes that held the stock: JM Large Cap, SBI Multi Asset Allocation, Tata Quant Fund
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Hathway Cable & Datacom Stock price (as of Oct 12, 2022): Rs 16.1 Number of schemes that held the stock: 3 MFs’ investment value: Rs 27.9 crore BSE Mcap (Full): Rs 2,841 crore Sector: Telecommunication - Service Provider Schemes that held the stock: Aditya Birla SL Pure Value, Aditya Birla SL Retirement-30, ICICI Pru Equity & Debt Fund
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Reliance Power Stock price (as of Oct 12, 2022): Rs 16.5 Number of schemes that held the stock: 1 MFs’ investment value: Rs 6.6 crore BSE Mcap (Full): Rs 5,593 crore Sector: Power Generation/Distribution Scheme that held the stock: HDFC Large and Mid Cap Fund
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Dish TV India Stock price (as of Oct 12, 2022): Rs 16.1 Number of schemes that held the stock: 2 MFs’ investment value: Rs 51.9 crore BSE Mcap (Full): Rs 2,964 crore Sector: TV Broadcasting & Software Production Schemes that held the stock: Aditya Birla SL Flexi Cap, Taurus Largecap Equity Fund
