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Once a penny stock, Lloyds Metals and Energy (LME) has given multifold returns to its investors in the last 3 years. The stock has skyrocketed over 6,024 percent in this period, from ₹11 in March 2021 to currently trade at ₹673.70.
Once a penny stock, Lloyds Metals and Energy (LME) has given multifold returns to its investors in the last 3 years. The stock has skyrocketed over 6,024 percent in this period, from ₹11 in March 2021 to currently trade at ₹673.70.
Yes, you can make money with penny stocks, but you can also make money playing the lottery, though you probably won't. To make money in penny stocks, you have to be able to separate the good companies from the bad, and that means you have to be able to analyze companies.
Tata Teleservices is a penny stock trading below Rs 100 levels. Although, Tata Teleservices' share price has touched a 52-week high and low of Rs 109.10 apiece and Rs 59.80 apiece earlier. YTD, the company's stock is down by 8.6%.
In conclusion, the healthcare and insurance, renewable energy, IT, FMCG, infrastructure, and electric vehicle industries are emerging sectors in 2024 to invest in. These industries offer substantial growth potential, driven by favourable market conditions, government initiatives, and changing consumer preferences.
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