Top 10 Penny Stocks in India for August 2026
Sector Alpha's August 2026 ranking of penny stocks worth ₹2,000 crore or more, from the weekly scan to 4 September 2026, put Bank of Maharashtra (78/100), Shukra Pharmaceuticals (75/100) and SBFC Finance (74/100) at the top. The score weighs growth, business quality, valuation against history and price strength. Source: Sector Alpha weekly scan.
- 1Bank of Maharashtra78scoreGrowth 84 · Quality 97 · Valuation 51 · Price strength 73
- 2Shukra Pharmaceuticals75scoreGrowth 87 · Quality 77 · Valuation 46 · Price strength 81
- 3SBFC Finance74scoreGrowth 82 · Quality 73 · Valuation 52 · Price strength 81
- 4Lloyds Engineering Works71scoreGrowth 66 · Quality 52 · Valuation 75 · Price strength 100
- 5Sagility68scoreGrowth 71 · Quality 63 · Valuation 66 · Price strength 69
- 6SBC Exports67scoreGrowth 93 · Quality 52 · Valuation 33 · Price strength 77
- 7Indian Overseas Bank66scoreGrowth 90 · Quality 68 · Valuation 64 · Price strength 24
- 8Paisalo Digital65scoreGrowth 68 · Quality 78 · Valuation 22 · Price strength 88
- 9Suzlon Energy65scoreGrowth 67 · Quality 73 · Valuation 97 · Price strength 22
- 10Alembic63scoreGrowth 27 · Quality 72 · Valuation 79 · Price strength 98
The penny stocks here follow the rule in place when the month was frozen, ranked on their scores from that month. Not frozen yet: this August 2026 ranking is worked out again from the stored weekly scores each time the page is built, so it follows today's rule. Once a month is frozen, it never changes.
See the latest penny stocks ranking and full list.
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