You must know how big Reliance is. No matter how much we say about Reliance, it’s never enough. So, there’s no hesitation in buying stocks or shares of Reliance Industries.
And I’m talking about the penny stocks of the subsidiary companies of Reliance Industries. To put it simply, today we’ll discuss the penny stocks of Reliance’s list of companies.
Reliance Industries, spearheaded by Mukesh Ambani, is among India’s most prominent companies and a popular choice for investors. While Reliance’s flagship stocks are well-known, the company also has several penny stocks that are affordable yet carry potential for significant returns.
This article explores Reliance Penny Stock List, analyzing their current market status, performance history, and future potential. Penny stocks offer high returns but also come with higher risks, so always conduct thorough research or consult a financial advisor before investing.
What Are Reliance Penny Stocks?
Penny stocks refer to shares of companies with low stock prices, often under ₹100, providing opportunities for small-cap investments. Reliance-affiliated companies like Hathway Cable, Network18 Media, and others fall into this category.
List of Reliance Penny Stock Companies
1) Hathway Cable and Datacom Limited
- Founded: August 7, 1999
- Headquarters: Mumbai, Maharashtra
- Industry: Broadband and Television Services
- Market Value: ₹2,991 crore
- Current Stock Price: ₹23.65 (approx.)
Hathway Cable, initially known as Chisck Display Services, is a leading provider of television and broadband services in India, with over one crore subscribers.
Key Highlights:
- Profit growth of 57% in the past three years.
- Consistent returns of 20-22% over the last three years.
- No outstanding debt.
- Promoter holding: 75%; Public holding: 18.07%.
Potential:
Hathway is expanding its services across urban and rural India, targeting international markets. Its strategic moves may yield substantial returns in the long run.
2) Network18 Media & Investments Ltd
- Founded: February 16, 1996
- Headquarters: Noida, Uttar Pradesh
- Industry: Media and Investments
- Market Value: ₹7,240 crore
- Current Stock Price: ₹121
Network18 operates in multiple sectors, including television, print, and digital media, and delivers news in 15 regional languages.
Key Highlights:
- Revenue growth of 18% over the past few years.
- Debt-free company.
- Return on equity (ROE) and capital employed (ROCE) are currently low.
Potential:
With consistent growth and a stronghold in the media industry, Network18 is poised for a promising future, making it an attractive option for investors.
3) TV18 Broadcast Limited
- Founded: 2005
- Headquarters: Mumbai, Maharashtra
- Industry: Media Broadcasting and Entertainment
- Market Value: ₹3,176 crore
- Current Stock Price: ₹65
TV18 is one of India’s largest media broadcasting companies, operating major channels like CNBC-TV18, News18 India, and regional news outlets.
Key Highlights:
- Debt-free company.
- Annual profit of ₹91 crore, with a return of 51.94% compared to last year.
- Promoter holding: 60.04%; Public holding: 28.37%.
Potential:
With a diverse portfolio and strong regional presence, TV18 is well-positioned for growth in India’s expanding media landscape.
4) Alok Industries Limited
- Founded: March 12, 1986
- Headquarters: Mumbai, Maharashtra
- Industry: Textile Manufacturing
- Market Value: ₹32 (stock price)
Alok Industries is a major player in textile manufacturing, serving 90 countries with products in weaving, home textiles, and garments.
Key Highlights:
- Annual revenue of ₹6,937 crore in FY22.
- 26,231 employees globally.
- High debt of ₹21,809 crore.
Potential:
While debt is a concern, Alok Industries’ robust manufacturing capabilities and global presence indicate potential for future growth.
5) DEN Networks Limited
- Founded: 2007
- Headquarters: New Delhi
- Industry: Cable Television Distribution
- Market Value: ₹2,081 crore
- Current Stock Price: ₹61
DEN Networks is a leader in analog and digital cable TV distribution, serving approximately 13 million customers.
Key Highlights:
- Annual profit of ₹236.35 crore, a 38% increase from the previous year.
- Debt-free company.
- Promoter holding: 74.9%; Public holding: 33.66%.
Potential:
With strong revenue and expanding services, DEN Networks offers substantial opportunities for growth in the digital entertainment industry.
Reliance Penny Stock List (Current Prices)
| Stock Name | Price (₹) |
|---|---|
| Hathway Cable & Datacom Ltd | 23.65 |
| Network18 Media & Investments Ltd | 121 |
| TV18 Broadcast Ltd | 65 |
| Alok Industries Ltd | 32 |
| DEN Networks Ltd | 61 |
FAQs
1) What are the cheapest Reliance-affiliated stocks?
The most affordable Reliance-affiliated stocks include Hathway Cable, Network18 Media, TV18 Broadcast, Alok Industries, and DEN Networks.
2) Are Reliance penny stocks a safe investment?
Penny stocks carry higher risks due to price volatility but can also yield high returns. Conduct thorough research and consult a financial advisor before investing.
Conclusion: Should You Invest in Reliance Penny Stocks?
Reliance penny stocks offer a gateway for small investors to participate in the growth of India’s largest conglomerate. These stocks, while affordable, come with risks inherent to penny stocks.
Investors should:
- Stay updated on the latest performance of these companies.
- Consult a financial advisor before making investment decisions.
- Regularly monitor market trends to maximize returns.
By balancing risk and research, investors can capitalize on the growth potential of these companies in India’s dynamic economy.
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