As per the definition given by investopedia.com, Penny stocks are those stocks that a small company typically trades for less than $5 per share.
Most penny stocks are traded over the OTC Bulletin Board (OTCBB), but some are traded on large exchanges such as the NYSE.
Here, we have listed the top 8 penny stocks owned by ICICI Bank
1. IVRCL
It’s an EPC and Infrastructure public limited company listed on NSE and BSE Stock Exchanges in India. Its stock price is Rs 0.40, share worth is Rs 2.5 Crore, holding percentage is 7.98% and the share quantity is 7,382,949.
2. Consolidated Construction Consortium Limited
It’s a construction company. Its stock price is Rs 0.45, share worth is Rs 1.9 Crore, holding percentage is 10.61% and the share quantity is 42,280,045.
3. PSL Limited
It’s one of the largest producers of pipes in India. Its stock price is Rs 0.45, share worth is Rs 29.0 Lakh, holding percentage is 5.16% and the share quantity is 6,443,453.
4. Gammon
It’s one of the largest civil engineering construction in India. Its stock price is Rs 0.80, share worth is Rs 12.4 Crore, holding percentage is 16.42% and the share quantity is 154,683,070.
5. BKM Industries Limited
It is a packaging and engineering company. Its stock price is Rs 1.00, share worth is Rs 65.5 Lakh, holding percentage is 10.00% and the share quantity is 6,553,405.
6. Bilt (Ballarpur Industries Limites)
It’s one of the largest writing and printing paper manufacturing company. Its stock price is Rs 1.25, share worth is Rs 18.2 Crore, holding percentage is 11.25% and the share quantity is 145,466,230.
7. GTL Infrastructure
It is an India-based telecom tower company. Its stock price is Rs 0.90, share worth is Rs 47.5 Crore, holding percentage is 4.25% and the share quantity is 527,832,504.
8. Gammon
It is one of the largest physical infrastructure construction companies in India. Its stock price is Rs. 1.65, share worth is Rs 6.5 Crore, holding percentage is 10.63% and share quantity is 39,272,129.
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