Introduction: GTL Infra Share Price
GTL Infra Company, a penny stock in the stock market, is witnessing a steady boom in the short term, attracting the attention of investors. The company’s stock has shown significant gains, with shares trading at Rs 0.85, reflecting a 6.25 percent increase. This stock has the potential to provide bumper returns to investors.
Previous Fall of GTL Infra Share Price
While GTL Infra shares were once trading at Rs 99.35, they are currently priced at 0.85 paise. This significant drop in value highlights the volatility and risk associated with penny stocks. Investors who had invested Rs 1 lakh in this stock 15 years ago now see the value of their investment at Rs 3400.
Understanding Penny Stocks
Penny stocks are shares of small-cap companies that are priced at a few paise or rupees, preferably below Rs 10. These stocks have low liquidity, meaning they are not actively bought and sold in the market. Investing in penny stocks is considered risky, but some investors have made substantial profits from them.
MPS Infotechrics Penny Stock
MPS Infotechrics Ltd, another penny stock, currently trades at 0.45 paise. With a market capitalization of Rs 169.85 Crore, the company’s shares have depreciated by 33 percent in the past year. An investor who invested Rs 1 lakh in this stock 23 years ago now sees their investment worth only Rs 2000.
Risks Associated with Penny Stocks
Investing in penny stocks without proper information can be highly risky. These stocks have low liquidity and can often get stuck in the lower circuit, limiting trading opportunities. Penny stock companies also tend to have low market capitalization and high share liquidity, making them susceptible to price manipulation.
Important: Before investing in the stock market, it is advisable to consult a financial advisor. Investing in mutual funds and the stock market carries inherent risks, and AkhandIndia.com shall not be liable for any financial loss incurred.
News Title: GTL Infra Share Price Today
GTL Infra share price on July 8, 2023, reflects a gain of 16.67 percent, with shares trading at Rs 1.05. Investors continue to monitor the performance of this penny stock closely.
