.png){kind=logo}
Penny stocks under Rs. 10 offer high growth potential in sectors like telecom and infrastructure, but demand thorough fundamental analysis.
Diversify portfolio with affordable shares to spread risks while eyeing multibagger returns in 2025's volatile market.
Use stock screeners and monitor financial reports to identify stable picks like Vodafone Idea amid liquidity challenges.
Investing in low-priced stocks can offer exciting opportunities for investors who are willing to take calculated risks. Stocks under Rs. 10 are often part of small or mid-sized companies that have strong potential for growth but also carry higher volatility.
As India’s economy continues to expand, several of these penny shares are showing promise across sectors such as telecom, real estate, engineering, and consumer goods. Let’s take a look at the best stocks under Rs. 10 along with their movement patterns and price statistics.
Vodafone Idea Ltd, India’s major telecom service provider, with a market cap of Rs. 97,942.10 crore and a closing price of Rs. 8.73. Despite its negative PE ratio of -3.58, the stock has been exhibiting some impressive short-term momentum, up 17.86% in a month and 19.26% over six months. Although it’s just a little negative in long-term returns, with a one-year return of –3.96%. The company’s ROE sits at -1.99%, indicating persistent issues with profitability.
India’s telecom industry is still maturing as 5G services launch and data connectivity continues to soar. Vodafone Idea, on the other hand, has been debt restructuring and has been operationally focused. While it has stiff competition from the likes of Reliance Jio and Bharti Airtel, the firm’s massive subscriber base and slow gains in financial discipline may just make it one stock to watch as growth continues.
Easy Trip Planners Ltd, online travel services, market cap of Rs. 2,927.67 crore with a closing price of Rs. 7.96. It has a healthy P/E ratio of 27.27 and a strong return on equity of 15.71%. Its ROCE of 17.35% also indicates efficient capital use. In spite of these strengths, the share price has endured precipitous drops over the last year, down 40.29% for six months, and 52.39% over the past year.
The airline, hotel, and holiday booking platform serves India’s growing middle class with the company’s online portal. While the recent price corrections are indicative of near-term market sentiment, travel will grow as tourism rebounds and disposable incomes increase. Easy Trip Planners’ strong fundamentals and brand equity could enable it to bounce back in the medium term through potential turnaround plays.
Unitech Ltd is among India’s best-known real estate developers with a market capitalization of Rs. 1,930.83 crore and a closing price of Rs. 7.38. Though the company has fought through numerous issues over the past decade, it may finally be on solid ground with a 7.74% return over the past month and an 18.08% return over the past 6 months. Even with a 1-year drop of -34.92%, its return on capital employed is a healthy 4.51%.
Demand for affordable housing and commercial projects is helping the Indian real estate sector make a slow comeback. Unitech’s huge land bank and brand recall give it long-term potential, but it still has to resolve debts and delays. Investors looking for a strong comeback might have to monitor Unitech Ltd’s price fluctuations.
GTL Infrastructure Ltd operates in the telecom infrastructure space and holds a market capitalization of Rs. 1,921.37 crore with a share price of Rs. 1.47. The company has a negative PE ratio of -2.20 and continues to face profitability issues with an ROE of -0.98%. Over the past year, its stock has dropped by 36.64%, showing investor concern about its performance.
Despite these challenges, the company’s core business of telecom tower management remains relevant, especially with rising data demand and rural network expansion. The Indian government’s focus on improving digital infrastructure may create indirect opportunities for companies like GTL Infrastructure. Investors seeking deep value opportunities could keep an eye on any restructuring or partnership announcements that might help the company recover.
Salasar Techno Engineering Ltd, with a market capitalization of Rs. 1,548.91 crore, trades at Rs. 8.65 per share. The company’s PE ratio is high at 81.09, indicating that investors are pricing in future growth expectations. It has a return on equity of 3.09% and an ROCE of 11.00%. However, the stock’s performance has been weak, with a one-year return of -54.04%.
The company operates in the iron and steel fabrication segment, catering to sectors like telecom, power, and infrastructure. With India’s focus on industrial development and government-backed infrastructure projects, the demand for engineering and fabrication services could rise. While short-term volatility remains, Salasar’s diversified order book and operational base might support a gradual improvement in 2025.
Jaiprakash Associates Ltd, part of the Jaypee Group, is a diversified conglomerate engaged in cement, construction, and power. It has a market capitalization of Rs. 949.93 crore with a share price of Rs. 3.67. The company’s financial ratios remain weak, with a negative PE of -0.35 and an ROCE of -9.60%. Despite these challenges, the stock has shown a one-month gain of 19.44%, signaling speculative interest.
The company has been restructuring its assets and attempting to reduce debt through asset sales. Its exposure to multiple industries provides flexibility, though profitability remains a concern. If Jaiprakash Associates succeeds in strengthening its balance sheet, it could attract renewed investor confidence.
Also Read: Best-Performing Tech Stocks to Watch in October 2025
Dish TV India Ltd, a key player in India’s direct-to-home television segment, has a market capitalization of Rs. 904.06 crore and trades at Rs. 4.84 per share. The company’s PE ratio stands at -1.85, indicating losses, while the return on capital employed is 6.80%. The stock has seen continuous declines, with a one-year return of -65.63%.
As digital entertainment consumption shifts toward OTT platforms, traditional D2H services face structural challenges. However, Dish TV’s extensive distribution network and customer base provide a foundation for diversification. Strategic alliances, digital integration, and cost optimization could help the company improve its performance in the coming year.
Mehai Technology Ltd operates in the electrical components and equipment sector, with a market capitalization of Rs. 899.28 crore and a share price of Rs. 7.76. The company has a high PE ratio of 120.22, suggesting strong growth expectations. Its return on equity is 10.55% and ROCE is 11.96%. The stock has gained 28.85% over the past year, showing resilience despite broader market fluctuations.
The company focuses on manufacturing LED lighting and electronic components, areas benefiting from India’s push toward energy efficiency and domestic manufacturing. With government initiatives like ‘Make in India’ and growing demand for energy-saving products, Mehai Technology could see steady growth.
Vakrangee Limited, with a market capitalization of Rs. 888.22 crore and a share price of Rs. 8.09, has a PE ratio of 133.37. The company provides outsourced services, including financial, e-governance, and logistics solutions, through its vast network of Vakrangee Kendras. Despite its strong business model, the stock has underperformed with a one-year return of -73.50%.
Its return on equity stands at 3.56% and ROCE at 4.85%, indicating modest efficiency. Vakrangee’s large reach in rural India positions it well to benefit from digital inclusion and financial service expansion. Any improvement in profitability could lead to a re-rating of the stock in the medium term.
Sarveshwar Foods Ltd, operating in the packaged foods and meats sector, has a market capitalization of Rs. 736.01 crore and trades at Rs. 5.87. The company has a PE ratio of 83.64, an ROE of 4.06%, and a ROCE of 13.07%. Its stock performance has been mixed, with a one-month decline of -18.17% but long-term potential in a growing consumer segment.
The company specializes in rice and organic food products, serving both domestic and export markets. As consumer preferences shift toward healthier and branded food products, Sarveshwar Foods stands to gain from its focus on quality and niche offerings. The packaged food industry’s steady growth could help the company improve its margins.
Stocks under Rs. 10 often reflect high-risk, high-reward opportunities. The listed companies represent diverse sectors, from telecom and travel to engineering and consumer goods, each with unique challenges and growth prospects.
While most of these stocks have struggled over the past year, several are positioned for potential recovery driven by sectoral growth, financial restructuring, and improving market sentiment. Careful analysis of their balance sheets, management actions, and industry trends will be essential for identifying which of these low-priced stocks can deliver meaningful returns.
1. Are Stocks Under Rs. 10 a good investment in 2025?
Stocks under Rs. 10 can be attractive due to their low entry cost and growth potential. However, they often carry higher risk and volatility, so careful research is important before investing.
2. Which are the best Penny Stocks under Rs. 10 right now?
Some of the top penny stocks include Vodafone Idea Ltd, Easy Trip Planners Ltd, Unitech Ltd, Salasar Techno Engineering Ltd, and Sarveshwar Foods Ltd.
3. Why is Vodafone Idea a popular stock under Rs. 10?
Vodafone Idea remains one of India’s largest telecom players with a massive subscriber base. Investors track it closely due to its potential turnaround through debt restructuring and 5G expansion.
4. Can Unitech Ltd make a comeback in 2025?
Unitech Ltd has faced major challenges in the past, but is showing signs of recovery as the real estate market stabilizes. The company’s large land assets give it a chance for revival in the long term.
5. What should investors check before buying penny stocks?
Before investing in penny stocks, investors should analyze the company’s fundamentals, debt levels, management quality, business model, and long-term growth prospects to minimize risk.
