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Penny stocks look cheap, but the risks can be expensive

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Summary

Low prices can disguise weak businesses, poor liquidity and manipulation risks. Sebi’s proposed clean-up is a reminder that penny stocks can be costly bets.

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    Penny stocks look cheap, but the risks can be expensive

    Low prices can disguise weak businesses, poor liquidity and manipulation risks. Sebi’s proposed clean-up is a reminder that penny stocks can be costly bets.

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