IRB Infrastructure Developers, Hathway Cable, Infibeam Avenues, Reliance Power, PC Jewellers are Five Cash-Rich Penny Stocks in India's Infrastructure and Technology Sectors 

In this article, we will explore 10 companies that meet four crucial criteria: a robust sales CAGR, increasing cash reserves, declining debt levels, and a positive return over the last five years.

Infibeam Avenues Limited (IAL) has demonstrated substantial growth in its Q2 FY24 financial results. With a 66 per cent YoY increase in gross revenue, a 70 per cent surge in EBITDA, and a 191 per cent growth in PAT, IAL's success is attributed to its emphasis on small merchants, international expansion, and investments in AI technology, making it a promising player in India's digital payment industry.

Penny stock below Rs 21: The next Suzlon-like move is possible in the stock; keep on watchlist! Suzlon Energy's remarkable journey from a single-digit stock to nearly touching the Rs 30-mark and scaling to near its 10-year high is nothing short of impressive. The question on everyone's mind now is whether another stock can replicate this success story.

So, when you're thinking about investing your money, pay attention to how much debt a company has and how well it's using its money to make more. This way, you can make smart choices like the pros!