Best Agricultural Stock Under 10 rupees:In India Agriculture sector has been the backbone of the Indian economy for centuries, providing livelihoods to millions of farmers and contributing significantly to the country’s GDP.
Over the years, India has made remarkable progress in agricultural growth, transforming from a food-deficient nation to one of the world’s largest producers of food grains.
One of the key factors driving agricultural growth in India is technological advancements. The Green Revolution in the 1960s and 1970s, which introduced high- yielding varieties of crops, modern agricultural practices, and improved irrigation infrastructure, led to a significant increase in agricultural productivity.
This resulted in a significant increase in food production and helped India become self- sufficient in food grains, especially Wheat and Rice.
Future Scopes of Agricultural Sector
The government’s policies and initiatives have also played a crucial role in driving agricultural growth in India. The government has implemented various schemes and programs aimed at improving the productivity and profitability of farming.
Such as the National Agricultural Policy, National Food Security Mission, Pradhan Mantri Fasal Bima Yojana (PMFBY), and Soil health Card scheme, among others.
These initiatives have focused on improving access to credit, irrigation, seeds, fertilizers, and modern farming practices, which have helped farmers adopt better agricultural practices and increase their productivity.
Diversification of crops has also been a significant factor in agricultural growth in India. Traditionally, India has been predominantly dependent on wheat and rice cultivation.
However, in recent years, there has been a shift towards cultivating other crops such as oilseeds, pulses, fruits and vegetables etc.
In Agricultural sector there is lots of scopes for improving skills and to be familiar with new techniques. There were lots of business working for the growth of this sector.
There are many big giants like ITC Agribusiness Division, Mahindra Agribusiness, Godrej Agrovet Limited and Jain Irrigation Systemsalready grown with potential and doing good work.
But still there are many new business that related with this sector. In future they can also achieves same amount of growth.
List of Agricultural Stock Under 10 Rupees In 2023
| S. no | Company | Market Price (Rs) | Current Market Cap. (Cr.) |
| 1 | Zeal Aqua | 7.24 | 90 |
| 2 | Shree Ganesh Bio Tech | 1.22 | 47 |
| 3 | Super Crop Safe | 5.65 | 22 |
| 4 | KGN Enterprises | 7.26 | 15 |
| 5 | BKV Industries | 8.57 | 13 |
| 6 | Tarai Foods | 6.38 | 11 |
| 7 | SC Agrotech | 9.53 | 5 |
| 8 | Oceanaa Biotek | 2.40 | 4.25 |
| 9 | SIP Industries | 5.86 | 3.10 |
| 10 | Saptak Chem | 2.91 | 3 |
| 11 | MP Agro Industries | 6.65 | 3 |
| 12 | Genera Agri Crop | 1.69 | 2 |
| 13 | Beeyu Overseas | 2.15 | 2 |
| 14 | Indra Industries | 4.40 | 2 |
| 15 | Natura Hue Chem | 4.68 | 1 |
In above list, all Above stocks come in the penny stocks categories. There were lots of risk involved when you invest in penny stocks.
Risk Involved In Investing In Penny Stock Under 10 Rupees
Penny stocks comes with several risks, including:
- Lack of Liquidity: Penny stocks may have low trading volumes, which can make it difficult to buy and sell shares at desired prices.
- Volatility: Penny stocks can experiences large price swings in a short period of time, leading to significant losses or gains.
- Higher chances of fraud: Penny stocks are susceptible to market manipulation and fraud, including pump- and -dump schemes, where promotors artificially inflate the stock price before selling their shares.
How To Mitigate Risk When Investing In Penny Stocks
To mitigate risks when investing in penny stocks, consider the following:
- Research: Conduct in-depth research on the company’s financials, management team, business model, industry trends, and potential risk before making any investment decisions.
- Diversify Your Portfolio: For avoiding risk with penny stocks Only follow 80-20 rule while investing in penny stocks. Only 20% or less than 20% investment should comes with penny stocks.
- Set Realistic Expectations: Set your expectations with penny stock on lower side. It should not be in hypothetical nature because penny stocks are highly speculative and can be volatile.
- Be cautious of Stock Promotions: There were lots of promotions running in the social media. Every second persons was talking about one stock all the time. So be aware of that type of stocks promotions.
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