Penny Stock in India:
1. Penny stocks can be highly speculative and volatile. Approach with caution.
2. Dewan Housing Finance Corporation Limited (DHFL):
- DHFL is known for its low stock price, but it faced financial troubles in the past. Investing in distressed or turnaround companies carries significant risks.
Dividend Stock in India:
1. Hindustan Zinc Limited (HZL):
- HZL is one of the largest integrated producers of zinc and leads in the world. It has a history of paying consistent dividends and is part of Vedanta Limited.
2. Infosys Limited:
- Infosys is a well-established IT company that has historically provided steady dividends. It has a track record of financial stability.
3. Reliance Industries Limited (RIL):
- RIL, a conglomerate with diverse business interests, including petrochemicals, refining, and telecommunications, has a history of paying dividends.
4. EaseMyTrip
Remember, investing in stocks always involves risks, and past performance is not indicative of future results. It's essential to diversify your portfolio, conduct thorough research, and consider your investment goals and risk tolerance.
Additionally, market conditions and stock performances can change, so it's recommended to stay updated with the latest financial news and consult with a financial advisor for personalized investment advice based on your unique circumstances.