These 5 debt-free penny stocks deserve your attention; here’s why

Yamini Investment Company

Another debt-free penny stock is the financial investment business. The share price soared 320% over the six-month period from ₹0.53 to ₹2.23 in intraday trading today. In the three months ending December 2021, the company reported an after-tax profit of ₹0.25 crore compared to ₹0.08 crore in the corresponding period last year.

Toyam Industries

The company, committed to the promotion and management of sports, has achieved a return of 138% for its shareholders in the last six months. The debt-free company had recorded a net profit of ₹0.18 crore in the third quarter of FY22 from ₹0.06 crore in December 2020. Net sales jumped to ₹1.02 crore from ₹0.04 crore ₹ at the same time last year. On Monday, Toyam Industries hit a 5% higher home run at 7.20 on the BSE. It is the only BSE-listed company in the sports marketing and management sector.

Rander Company

Established in 1993, the company is engaged in various activities such as construction, finance, stock brokerage and investments. The Mumbai-based property company has returned 112% to its shareholders in the past six months, with the share price rising from ₹3.76 to ₹8 in intraday trading today on BSE. It reported a net profit of ₹0.38 crore in the third quarter of FY22, compared to ₹0.04 crore a year ago. Net sales increased to ₹0.86 crore from ₹0.74 crore in the December 2020 quarter.

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