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.
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.
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.