Every trader and investors know that the Tata Group stocks have given a massive return over the years and in the upcoming years it will be continued. You can not expect the multi-bagger return from those stocks as of now because these are no very big companies. But we have a Tata Penny stocks list we made after days of research and analysis. These stocks have still the potential to give massive returns in the upcoming years.
Recently TCS, Tata Power, Tata Motors, and some other Tata Group companies’ stock has given a massive return in the last 1 year. The penny stocks list of the Tata group we shortlisted are similar to these stocks and have given massive returns already but according to analysts, the real return has just started. As the companies are small so, they easily get good returns.
One more thing you should always remember as an investor is that you should not invest money in any stock blindly without checking its business model, products, services, company strength, company valuation, financials, etc. If you check these things about any company before investing, you can easily eliminate a lot of loss-making companies.
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What is Penny Stock?
There is no one-line definition that can easily define penny stocks. There are several conditions and if a few conditions meet with any stock then the stock can be considered as a penny stock. Below are the following conditions you can use to identify the penny stocks.
- Penny stocks usually are of low-cap or small-cap companies.
- In most cases, penny stock prices are usually lower than Rs. 100 to Rs. 150.
- The liquidity of penny stocks is low.
- Penny stocks are highly volatile.
Risks of Investing in Penny Stocks
Investing in penny stocks is full of risks. Most of the retail investors who invest in penny stocks lose money. The retail investors who invest in penny stocks are usually newbies and even they do not have basic knowledge of investing, risk management, investing psychology, etc.
In a few words, if you do not understand the risks of investing in penny stocks, basic investing rules, understanding investing, risk management, money management, etc. then you should not invest in penny stocks.
Penny stocks are very volatile and their liquidity is very low. so, during a crash or high fall in the stock, it will become very hard to sell if you have the quantity of the stocks is very high.
Tata Penny Stocks List 2024
As of now, there are no Tata Penny stocks because most of the Tata Group companies are fundamentally strong and now come under the largest cap and mid-cap companies. But as of now, there are many Tata group stocks where a lot of opportunity is available for the long term.
Below are some Tata group stocks whose business model is good but still they are trading at lower levels, Tata’s low-cap stocks, etc. So, you can invest in the stock to get multi-bagger returns in the upcoming years.
Note: As of now there are no Tata group stocks that come under the penny stocks list. But we are sharing some stocks whose market cap is very low or trading near Rs. 100 – 200.
Tata Power
Tata Power is a well-known company in the power sector. The company produces many types of energy like renewables, Hydro, Thermal, etc. As of 20 Feb 2024, the stock is trading near Rs. 378 and the market cap of the company is Rs. 1,21,583 Crore.
Tata Power is involved in multiple businesses like Renewables, Conventional Generation, transmission and & distribution, next-generation power solutions, trading, and services and business.
- Renewables: In Renewables the company only works on wind and solar.
- Conventional Generation: Hydro, Thermal, and Waste Heat Recovery
- Next-Gen Power: Solarroof, EV charging solutions, Home Automation, EaaS
- Services Business: Generation services, and products & services
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹2,732 |
| March 2020 | ₹1,727 |
| March 2021 | ₹1,485 |
| March 2022 | ₹2,623 |
| March 2023 | ₹3,810 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹1,052 |
| Mar 2023 | ₹939 |
| Jun 2023 | ₹1,141 |
| Sep 2023 | ₹1,017 |
| Dec 2023 | ₹1,076 |
Company Fundamentals
| Market Cap | ₹1,21,583Cr | ROE | 11.85% |
| P/E Ratio (TTM) | 33.97 | EPS (TTM) | 11.20 |
| P/B Ratio | 4.03 | Div Yield | 0.53% |
| Industry P/E | 21.78 | Book Value | 94.31 |
| Debt to Equity | 1.74 | Face Value | 1 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 9.75% | 10.00% | 9.85% |
| DIIs | 14.59% | 15.68% | 16.11% |
| Public | 28.48% | 27.15% | 26.87% |
| Promoters | 46.86% | 46.86% | 46.86% |
| Government | 0.32% | 0.32% | 0.32% |
Tata Elxsi
The Market cap of the Tata Elxsi is Rs. 48,000 Crore as of 20 Feb 2024. As of now its stock is trading at Rs. 7776.30, the 52-week high of the stock is Rs. 9200.00 and the 52-week low is Rs. 5,882.55.
Tata Elxsi is involved in multiple industries like Automotive, semiconductor, rail, broadcast & media, communications, health care, appliances, consumer electronics, and many more.
Tata Elxsi also provides many services and products to different industries. Not only this the company is also working on future technologies like AI, robotics, visual and extended reality, and many more. To know in detail about all the business of Tata Elxsi company, you can visit their official website for the latest news and updates.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹290 |
| March 2020 | ₹256 |
| March 2021 | ₹268 |
| March 2022 | ₹550 |
| March 2023 | ₹755 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹195 |
| Mar 2023 | ₹202 |
| Jun 2023 | ₹189 |
| Sep 2023 | ₹200 |
| Dec 2023 | ₹206 |
Company Fundamentals
| Market Cap | ₹48,000Cr | ROE | 37.46% |
| P/E Ratio (TTM) | 60.23 | EPS (TTM) | 127.98 |
| P/B Ratio | 22.90 | Div Yield | 0.79% |
| Industry P/E | 36.99 | Book Value | 336.62 |
| Debt to Equity | 0.11 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 14.22% | 13.80% | 15.02% |
| DIIs | 4.08% | 4.80% | 5.71% |
| Public | 37.77% | 37.46% | 35.34% |
| Promoters | 43.92% | 43.92% | 43.92% |
| Other Holders | 0.00% | 0.00% | 0.0% |
TTML (Tata Tele Maha Ltd)
TTML (Tata Teleservices Maharashtra Ltd.) is one of those stocks among the above shared which is very low by the market cap and as of now available at a very high discount. The 52-week high of the stock is approximately Rs. 109.10 and as of now, the stock is trading at Rs. 91.25.
TTML provides many services like Cloud, Saas, Data Services, Voice Services, Cyber Security, Marketing solutions, etc. They provide services to many small, medium, and large industries like IT, BSFI, ITeS, Education, Health Care, Retail, Telecom, manufacturing, and many more…
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | -₹668 |
| March 2020 | -₹3,714 |
| March 2021 | -₹1,997 |
| March 2022 | -₹1,215 |
| March 2023 | -₹1,145 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | -₹280 |
| Mar 2023 | -₹277 |
| Jun 2023 | -₹301 |
| Sep 2023 | -₹310 |
| Dec 2023 | -₹308 |
Company Fundamentals
| Market Cap | ₹17,995Cr | ROE | 6.10% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -6.12 |
| P/B Ratio | 0.00 | Div Yield | 0.00% |
| Industry P/E | 116.77 | Book Value | -97.92 |
| Debt to Equity | -1.04 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 22023 |
|---|---|---|---|
| FIIs | 2.03% | 2.23% | 2.26% |
| DIIs | 0.05% | 0.06% | 0.05% |
| Public | 23.56% | 23.35% | 23.33% |
| Promoters | 74.36% | 74.36% | 74.36% |
| Other Holders | 0.00% | 0.00% | 0.00% |
Tayo Rolls
In most of the Tata Companies stocks, there is the name of the Tata but in the company, the Tata is not attached. So, a lot of people don’t know that the Tayo Rolls company is also a part of the Tata Group and this company is a penny stock of Tata.
Tayo Rolls Limited is a subsidiary of the Tata Steel company and there are only a few products on which the company works. The products are Cast Rolls, Forged Rolls, Pig Iron, Forging Quality Ingots, Engineering, Forgings, etc.
The Market cap of the Tayo Rolls stock is only Rs. 100 Crore as of now. As of now the stock is trading at Rs. 98.19 the 52-week high of the stock is Rs. 118.49 and the 85-week low is 48.55.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | -₹19.96 |
| March 2020 | -₹7.93 |
| March 2021 | -₹3.54 |
| March 2022 | -₹3.47 |
| March 2023 | -₹3.44 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | -₹0.87 |
| Mar 2023 | -₹0.83 |
| Jun 2023 | -₹0.83 |
| Sep 2023 | -₹0.84 |
| Dec 2023 | -₹0.83 |
Company Fundamentals
| Market Cap | ₹100Cr | ROE | 0.68% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -3.25 |
| P/B Ratio | 0.00 | Div Yield | 0.00% |
| Industry P/E | 37.80 | Book Value | -474.30 |
| Debt to Equity | -0.82 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% |
| Public | 26.78% | 26.77% | 26.77% |
| Promoters | 73.21% | 73.21% | 73.21% |
| Other Holders | 0.00% | 0.00% | 0.00% |
Rallis India Ltd.
Rallis is another company of the Tata Group. The company provides different types of products for the farmers to increase the production of crops. The market cap of the company is Rs. 4,814 Crore as of now. You can easily see that the Rallis India is a penny stock.
Rallis India Limited is involved in the business of agriculture and they provide many services and products for the business like crop protection solutions, high-quality seeds, Biopesticides, crop nutrition, farm advisory services, research, and development to increase crop production.
As now 15 November 2023, the Rallis India Ltd. stock is trading at Rs. 247 the 52-week high of the stock is Rs. 274 and the 52-week low is Rs. 186.5.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹154 |
| March 2020 | ₹185 |
| March 2021 | ₹229 |
| March 2022 | ₹164 |
| March 2023 | ₹91.94 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹22.55 |
| Mar 2023 | -₹69.00 |
| Jun 2023 | ₹63.00 |
| Sep 2023 | ₹82.00 |
| Dec 2023 | ₹24.00 |
Company Fundamentals
| Market Cap | ₹4,814Cr | ROE | 5.37% |
| P/E Ratio (TTM) | 48.16 | EPS (TTM) | 5.14 |
| P/B Ratio | 2.64 | Div Yield | 1.01% |
| Industry P/E | 36.04 | Book Value | 93.92 |
| Debt to Equity | 0.07 | Face Value | 1 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 7.69 | 8.23 | 9.21% |
| DIIs | 13.51 | 14.44 | 12.83% |
| Public | 28.28 | 21.84 | 22.45% |
| Promoters | 50.09 | 55.08 | 55.08% |
| Government | 0.41 | 0.41 | 0.41% |
Tata Coffee
Tata Coffee is a well-known company for Coffee and it is one of the largest integrated coffee cultivation and processing companies in the world. As of now, the market cap of the company is Rs. 6,440 Crore and as of now, the stock is trading at Rs. 344.80 The 52-week high of the company is Rs. 346.70 and the 52-week low is Rs. 199.15.
Tata Coffee is involved in the business of Coffee in which they work in Coffee Plantations, Coffee Processing, Instant Coffee, Roasting coffee beans, grinding of coffee, export and trading of coffee, have many coffee products for retail and consumers, and many more…
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹107 |
| March 2020 | ₹141 |
| March 2021 | ₹212 |
| March 2022 | ₹233 |
| March 2023 | ₹321 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹38.40 |
| Mar 2023 | ₹70.34 |
| Jun 2023 | ₹62.06 |
| Sep 2023 | ₹63.70 |
| Dec 2023 | ₹ |
Company Fundamentals
| Market Cap | ₹6,440Cr | ROE | 9.68% |
| P/E Ratio (TTM) | 35.84 | EPS (TTM) | 9.62 |
| P/B Ratio | 3.47 | Div Yield | 0.87% |
| Industry P/E | 64.95 | Book Value | 99.33 |
| Debt to Equity | 0.57 | Face Value | 1 |
Shareholding Pattern
| Held By | Mar 2023 | Jun 2023 | Sep 2023 |
|---|---|---|---|
| FIIs | 3.10 | 4.49 | 4.58% |
| DIIs | 5.61 | 5.61 | 5.33% |
| Public | 33.81 | 32.41 | 32.58% |
| Promoters | 57.48 | 57.48 | 57.48% |
| Other Holders | 0.00 | 0.00 | 0.00% |
FAQs
It is almost nearly impossible to know which stock will become a multi-bagger in the upcoming years. But you can identify the stock if the company is making good profits each year and its profit is continuously growing, fundamentally strong, high liquidity, good business model, etc.
You should not blindly buy any share. If you want to invest for the long term then you can invest in TCS, Tata Power, Tata Motors, etc. Please do your research and make sure you understand the industry in which you are investing.
Final Words: As of now there are no Tata Penny stocks but there are some stocks where a lot of opportunities are available like Tata Power, Tata Elxsi, etc. The market cap of these stocks is very low. There are also a lot of stocks is are trading near Rs. 50 – 100 but they are mid-cap and large-cap stocks. So, do not judge a stock by its market cap.